This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

SS&C Launches CAMRA I-Risk(TM)

WINDSOR, Conn., Sept. 4, 2012 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today launched CAMRA I-Risk for Insurance companies to address emerging Solvency standards by combining CAMRA's sophisticated financial reporting capabilities with a state-of-the-art position-based stochastic simulation model.

"CAMRA I-Risk, a comprehensive cloud-based risk and analysis solution, is specifically designed to meet the needs of insurance company CEOs, CFOs, CIOs, and CROs," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "SS&C continues to lead in the functionality insurance professionals need. From innovative bank loan processing to state-of-the-art mobility and portal technology, SS&C is determined to enhance and expand its market leading position in the insurance industry. CAMRA I-Risk comes with full web portal capabilities, including iPad/iPhone apps, leveraging SS&C's innovative "Anything, Anywhere, Anytime" development philosophy."

Using data directly from the CAMRA platform, I-Risk seamlessly delivers comprehensive risk calculations that address insurance company enterprise risk management (ERM), Solvency II for international insurers, as well as the ongoing U.S. Solvency Modernization Initiative (SMI). Risk measures include Value at Risk, Sensitivity and Stress Testing, Effective Duration and Convexity, Key Rate Duration, Projected Investment Income, Cash Flow and Fair Market Values.

"Solvency and accounting standards are increasing in complexity, with stochastic processes being woven into both asset and liability valuation, as well as disclosure, such as ASC 820 and IFRS 7/ASC 825. By all accounts this trend is likely to accelerate, making the integration of financial reporting and risk reporting an imperative in terms of data integrity, workflow and cost efficiency," said James Ramenda, FSA, Senior Vice President, SS&C Enterprise Risk Solutions. "The solution not only helps insurers comply with industry regulations, it helps provide the insight needed to improve risk management, make better-informed business decisions, and ensure financial stability over the long term."

Stock quotes in this article: SSNC 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,424.85 +162.29 1.00%
S&P 500 1,862.31 +19.33 1.05%
NASDAQ 4,086.2250 +52.0640 1.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs