The advantage of multiple perspectives



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The advantage of multiple perspectives Risk & Capital Management Solutions Software & Advisory Services

Results have always mattered. Today, accurate results matter more than ever. Highly interdependent global markets pose distinct challenges including interest rate fluctuations, credit and equity volatility, and foreign currency risks. Increased competition, regulation, underwriting and operational risks, plus other emerging trends, increase complexity. Today s environment compels a profoundly different kind of vision, one that is fully attuned to these factors and their potential impact on earnings and capital. Conning helps you identify, measure and manage risk across your enterprise, arming you with a comprehensive perspective. We also help you manage within, and across, your businesses and geographies, with a focus on total enterprise value. Our combination of solutions helps you identify a range of potential exposures and enables you to capture, value, and understand the impact of each moving part. With more thorough analyses and better data, you can accurately gauge risks, recognize critical opportunities, and deliver more consistent, long-term performance. Supported by advisors who truly understand your challenges, Conning s holistic software solutions are carefully designed with the enterprise modeling needs of the global insurance industry in mind. Operating stand-alone or easily integrated with other systems within your ERM platform, each solution can be tailored to meet your unique requirements. Depending on your objectives, you determine the right combination of tools and advice you might need. Conning delivers with confidence.

We have the accuracy you need. A Comprehensive Risk Management Software Suite GEMS Economic Scenario Generator Real World or Risk Neutral Understand your environment. Gain insight into asset behavior and power your ALM models with a comprehensive range of economic scenarios. Conning s GEMS ESG enables you to simulate future states of the global economy and financial markets, including alternative assets and derivatives. GEMS leverages industry-leading financial models, provides a realistic representation of extreme events, and supports hedging strategies with market-consistent pricing technology. GEMS works seamlessly within our FIRM Portfolio Analyzer and ADVISE Enterprise Risk Modeler software, and also with our new Investment Optimizer tool. It also interfaces with other risk management systems to provide its unique benefits to your overall ERM platform. GEMS is the engine behind Conning s software, providing stochastic simulation including real-world and risk-neutral scenarios and the flexibility to view returns by asset class.

FIRM Portfolio Analyzer Trading, ALM & ERM Capabilities Compare critical investment holdings and strategies. Utilize externally projected liability cash flows and reserves for full-enterprise perspectives. FIRM combines the capital markets capabilities of GEMS with a sophisticated investment module for user-defined stochastic analyses such as projecting multi-portfolio trading strategies on both economic and book value bases. Investment risk analysis can be performed on an aggregate or individual security basis. Additional functionality allows you to import liability cash flows and reserves from your other systems for full asset-liability modeling, integrating FIRM into your risk management systems framework for economic capital modeling and stress testing. Working in conjunction with the Investment Optimizer, it fully leverages Conning s comprehensive approach to Strategic Asset Allocation. ADVISE Enterprise Risk Modeler Advanced Stochastic Modeling for Assets & Liabilities Empower your vision in a stand-alone enterprise framework. ADVISE allows you to optimize financial decision making across all interrelated aspects of your business to achieve competitive advantage and enhance enterprise value. With greater accuracy, capital and other resources can be allocated more efficiently. Economic capital modeling and stress testing capabilities are designed to meet all your regulatory and rating agency compliance needs. Powered by GEMS, ADVISE offers advanced stochastic, stand-alone, full-enterprise risk modeling for property/casualty and health insurers and reinsurers. ADVISE also offers unique modeling benefits for life, pension and multi-sector companies wanting to aggregate property/casualty and life/annuity risk simulations by integrating with existing life actuarial modeling systems or taking advantage of the life liability modeling functionality of ADVISE. Like the FIRM and GEMS platforms, ADVISE works in conjunction with the Investment Optimizer to fully leverage Conning s comprehensive approach to Strategic Asset Allocation. Investment Optimizer The Critical Overlay for Investment Risk Management Elevate your perspective. See the true risk and reward terrain. Conning s risk management software products and advisory services respond to the insurance industry s need to deliver optimal returns in a challenging market environment, while more efficiently balancing risk-andreward opportunities. Available as an option for all our software platforms, Investment Optimizer is a fully integrated, risk/reward, efficient-frontier optimization application. It assists you in performing a Strategic Asset Allocation (SAA) to balance your financial goals relative to your clearly-defined risk appetite. Investment Optimizer produces constrained, efficient frontiers of asset allocations, taking into account any combination of assets, liabilities, and capital, from an asset-based or full-enterprise perspective. Working seamlessly within GEMS, FIRM and ADVISE, this software helps you take advantage of opportunities while managing enterprise-wide risk.

Eliminate blind spots. Conning s comprehensive approach, including a range of software solutions and advisory services, empowers informed decision making. When you can see your organization holistically and leverage the right tools to dynamically analyze internal and external risks, you gain greater control. Cloudy market forces and global economic shocks are less likely to derail your business. You can leverage multiple perspectives into a strategic viewpoint, capturing opportunities while dampening exposures. Count on Conning to deliver solutions that offer the opportunity for optimal risk-adjusted returns on capital. Dedicated to the insurance industry, Conning s vast industry expertise and deep market knowledge bring our technology to life. For well over a decade, Conning has delivered software and advisory services providing vital support for enterprise risk management needs across the spectrum of property/casualty, life, pension, health and multi-sector insurers and reinsurers. Our solutions can be used for a broad array of applications and analyses. Our software delivers stand-alone solutions or works within your existing ERM platform. About Conning Founded in 1912, Conning is headquartered in Hartford, with offices in New York, London, Cologne and Hong Kong. Our unique combination of asset management, risk and capital management solutions, and insurance research allows us to implement customized business and investment strategies that help our clients achieve their financial goals. Conning s software and advisory services support insurance and pension risk modeling needs, providing insights for decision making, regulatory and rating agency compliance, strategic asset allocation and capital management. Conning s risk management software platform includes the award-winning GEMS Economic Scenario Generator, FIRM Portfolio Analyzer and ADVISE Enterprise Risk Modeler. 2015 Conning, Inc. GEMS, FIRM and ADVISE are registered trademarks of Conning, Inc. 1999-2015 Conning, Inc. All Rights Reserved. GEMS, FIRM and ADVISE are proprietary software published and owned by Conning, Inc. Contact Conning United States United Kingdom 24 Monument Street London EC3R 8AJ +44 20 7337 1930 Hong Kong 19/F LHT Tower 31 Queen s Road Central +852 3551 1600 Germany Norbertstr. 29 D-50670 Cologne +49 (0)221 78 800-0 One Financial Plaza Hartford, CT 06103-2627 +1 860.299.2000 Visit our website: www.conning.com

Harnessing the power of multiple perspectives. Make better decisions and maximize enterprise value. With Conning s software platform and advisory services, you can develop an enterprise risk management solution customized to your needs. One that is just right for you.