12 SEPTEMBER 2024 – Tokyo – Numerical Technologies (“NumTech”) proudly announces that Nippon Life Insurance Company (headquartered in Osaka, “Nippon Life”) has successfully transitioned from NtInsight® for ALM, adopted in 2018, to NtSaaS® for ALM.
Nippon Life has leveraged NumTech’s ALM system to craft sophisticated ERM strategies and mid- to long-term asset management plans.
Identifying the optimal portfolio while considering different risk scenarios across various asset classes demands immense computational resources. Additionally, the contemporary economic environment necessitates increased flexibility to handle more intricate simulation patterns and higher calculation frequencies. NumTech has addressed these challenges with a solution that integrates high-performance computing (HPC) with deep expertise in financial risk management and provides it as a SaaS solution. Furthermore, the use of AWS PrivateLink guarantees secure network access to NtSaaS, thereby enhancing the system’s reliability and security.
NumTech is steadily solidifying its presence within the Japanese insurance sector. With a proven track record, NumTech remains dedicated to delivering innovative services through NtSaaS, continuously supporting the operational needs of financial institutions.