ScaleFocus has invested a lot into expanding its IBM Risk Analytics knowledge and footprint. With the upcoming deadlines in the financial industries for regulatory compliance (alignment with Solvency II Directive, Basel II/III Frameworks, etc.) it has become increasingly important for high-quality risk analytics implementations. One of ScaleFocus’ offerings for the Bulgarian insurance market is an end-to-end solution for Solvency II Compliance, based on IBM Algorithmics (IBM Algo Financial Modeler). ScaleFocus has a proven expertise in the insurance domain, thus providing a sound Solvency II compliance solution was a logical step as an offering in the portfolio.
ScaleFocus has started implementations at the Bulgarian market, supporting insurance companies in meeting the regulatory imperatives.
In addition to the Solvency II mechanisms the Risk Analytics product group includes solutions for:
- Regulatory Compliance
- Operational Risk Management
- Market Risk Management
- Risk and Compliance (GRC)
- Credit Risk Management
- Policy and Compliance Management
- Liquidity Risk Management
- IT Governance
- Actuarial Modeling
Other solutions, based on this product group that ScaleFocus has developed, increase return on capital by making risk-informed decisions on how to optimize capital allocation and qualify for regulatory incentives under Dodd-Frank, Basel II/III and more.
IBM risk analytics solutions enable the world’s most successful companies to make risk-aware decisions through smarter enterprise risk management programs and methodologies – driving business performance and better outcomes.
The combined risk management capabilities of Algorithmics (Algo) and OpenPages can help your company achieve profitable growth and address increasing demands for regulatory compliance in today’s volatile and complex market conditions.