Towers Perrin, a professional services firm, has developed RiskAgility, a software platform for enterprise financial modeling.
RiskAgility’s distributed grid processing enables projections to be run in usable time frames, said Towers Perrin.
The system is reported to provide version control and an audit trail of data inputs, assumptions, calculations and reports generated, all critical to a risk governance process. Preparing the necessary data inputs to financial models can be a complex, difficult task, and the streamlined automation and advanced data management capabilities of RiskAgility make this an efficient, repeatable process, said Towers Perrin.
Towers Perrin added that it has engineered RiskAgility to support MoSes applications, thereby protecting customer investments in existing financial models while providing a path to the future based upon the latest risk management software technology.
Mike Oxley, managing director of software solutions of Towers Perrin, said: RiskAgility’s powerful processing capabilities, coupled with the sophisticated financial analytics provided by MoSes applications, can help companies produce superior risk intelligence. By supporting MoSes applications within RiskAgility, we are protecting the investments existing customers have made in tailoring MoSes models to their business.
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