View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
December 1, 2009

Buck Consultants Selects GEMS Economic Modeling Solution

For pension risk management analysis, developing liability and tail risk hedging strategies

By CBR Staff Writer

DFA Capital Management (DFA), a provider of Enterprise Risk Management (ERM) solutions to the insurance industries, has revealed that Buck Consultants, an ACS company, has signed a license agreement for its GEMS Economic Scenario Generator (ESG).

Buck Consultants intends primarily to use GEMS for pension risk management analysis, developing liability and tail risk hedging strategies, asset allocation, and investment management.

By replacing its internally developed financial modeling tool with GEMS, Buck will gain a differentiation. This includes the ability to effectively serve its client base with global modeling capabilities and a realistic view into potential risks.

GEMS also enables Buck to model new asset classes and incorporate dynamic asset class volatility correlations and stochastic jump assumptions to reflect changes in asset class dynamics in different economic and capital market conditions, where appropriate. These are important features for equity option pricing and tail risk management.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

GEMS is a ESG developed by DFA’s team of finance experts. In addition to enabling users to simulate various market elements including derivative and alternative asset pricing, it is also used for a wide variety of applications such as asset liability management, pension plan modeling, financial risk management and portfolio management.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.