Ultimate Risk Solutions and msg global solutions join forces
Ultimate Risk Solutions (URS), a developer of financial risk modelling software technologies, has formed a strategic alliance with systems integrator, software development partner, and managed services provider msg global solutions.
The partnership will bring together msg global’s industry knowledge and development capabilities with Ultimate Risk Solutions’ risk management suite for economic and regulatory capital management, asset modelling, ERM, reserving, and price optimisation.
The aim of the partnership is to benefit from each other’s core competencies and to add value to both businesses by leveraging existing resources, products, and services.
The partnership creates advantages for both companies and their customers by linking together risk modeling and core insurance and reinsurance systems to improve decision-making capabilities and reduce the resources required for data extraction and data entry.
“We are thrilled to collaborate with the URS team,” said Peter Umscheid, msg global CEO. “The URS solutions are a logical extension to our core insurance and reinsurance offerings.”
Alex Bushel, founder and CEO of URS, added: “Our strategic alliance with msg is further evidence of our ongoing commitment to deliver the most advanced and easy-to-use financial risk modelling platforms that meet the rapidly evolving needs of our corporate decision-makers.”
