NtSaaS ORSA & Solvency II Press Release

Nippon Life Implements NtSaaS® for Compliance with Economic Value-Based Solvency Regulations

12 SEPTEMBER 2024 – Tokyo – Numerical Technologies (“NumTech”) is pleased to announce that Nippon Life Insurance Company (“Nippon Life”) has adopted its SaaS-based financial risk management solution, NtSaaS®, to comply with economic value-based solvency regulations. Nippon Life will utilize NtSaaS to calculate market and credit risks as part of the common model (regulatory model) for economic value-based solvency regulations, which are set to be implemented in 2025.

NtSaaS ORSA & Solvency II Press Release

Nippon Wealth Life Insurance Implements NtSaaS® to Enhance Market and Credit Risk Management

3 JULY 2023 – Tokyo – Numerical Technologies (“NumTech”) is pleased to announce the successful implementation of NtSaaS® for Market and Credit Risk at Nippon Wealth Life Insurance Company Limited (headquartered in Tokyo, “Nippon Wealth Life”). As a prominent member of the Nippon Life Group, Nippon Wealth Life emerged from the merger with Nippon Life Insurance Company in May 2018 and holds a vital position in the financial institution window sales market.

NtSaaS ORSA & Solvency II Press Release

Asahi Mutual Life Insurance implements NtSaaS® for market risk

28 APRIL 2023 – Tokyo – Numerical Technologies (“NumTech”) is pleased to announce that Asahi Mutual Life Insurance Company (headquarters: Tokyo, “Asahi Life”) has implemented NtSaaS® for their market risk management system. Asahi Life selected NumTech based on its high technological capabilities in terms of operations and systems, as well as the company’s track record in implementing such solutions for life insurance companies in Japan.

Product Announcements

Basel Committee Proposes Using Expected Shortfall Instead of VaR in Market Risk Management

Numerical Technologies ready to support requirement with NtInsight®, its flagship financial risk management software, which has been designed to calculate both VaR and expected shortfall (also known as CVaR or tail-VaR) with fat-tail awareness. SINGAPORE – 4 MAY 2012 – Yesterday, the Basel Committee on Banking Supervision (BCBS) has published a consultative document which presents […]

Product Announcements

Numerical Technologies Adopts NtInsight® as Product Family Name, Upgrades Products to Version 8.0

SINGAPORE – 26 AUGUST 2011 – Numerical Technologies announced today that it has adopted NtInsight® as the product family name of its financial risk management software applications. The individual product names have also been changed to reflect the software applications’ core functions. These changes coincide with the release of NtInsight® version 8.0, which standardizes the […]

Product Announcements

PortfolioBrowser® Version 1.9.7 Released

SINGAPORE – 23 MARCH 2011 – Numerical Technologies, a leading provider of financial risk management software, announced today the release of PortfolioBrowser® version 1.9.7. PortfolioBrowser® is a risk management system that calculates integrated VaR and the correlation effect among market risk and credit risk factors. PortfolioBrowser® 1.9.7 enhances its stress testing function by including credit […]

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