7 AUGUST 2024 – Singapore – Numerical Technologies (“NumTech”), a leader in advanced enterprise risk management (ERM) and asset liability management (ALM) solutions, proudly announces its achievement of 29th place in the highly competitive Insurance Analytics category at the prestigious STORM 2024 awards.
STORM 2024, renowned for recognizing excellence in technological innovation and business solutions by Chartis research, focuses on QuantTech, Insurance Analytics, Retail Finance Analytics, and Buyside Risk. The awards meticulously evaluated numerous companies based on various critical aspects. NumTech’s recognition in the Insurance Analytics Category highlights our commitment to delivering cutting-edge solutions that meet the complex needs of the insurance industry.
Chartis research team highly valued NumTech in the following points:
Client Mix: NumTech’s diverse and expansive client base, encompassing leading insurance firms and financial institutions in Japan, showcases our capability to address varied and intricate client requirements effectively.
Parallel Computing/Acceleration: Our advanced parallel computing frameworks significantly enhance computational speed and efficiency, allowing a substantial number of large portfolios to be simulated and analyzed in a reasonable timeframe.
Valuation of Insurance Cash Flow Across Risk Types: NumTech’s innovative methodologies in valuing insurance cash flows across multiple risk types ensure accurate and comprehensive financial assessments.
Broad Regulatory Calculation Coverage: We provide extensive coverage for regulatory calculations, ensuring compliance with a wide array of international and regional regulatory standards.
Simulation Framework and Cash Flow Projection: Our robust simulation frameworks and precise cash flow projection models enable insurers to make informed decisions based on detailed and reliable forecasts.
This accolade is a testament to NumTech’s team’s dedication and the trust our clients place in our solutions. NumTech is honored to be recognized in the Insurance Analytics category at STORM 2024 and remains committed to pushing the boundaries of innovation in risk management and analytics, providing our clients with the tools they need to navigate the complexities of the insurance industry.
