Building end-to-end asset & liability management software risk officers need to stay competitive in the digital era.
Building the end-to-end asset & liability management software risk officers need to stay competitive in the digital era.
Asset and liability management at incumbent banks and insurers is plagued by:
Legacy systems and fragmented data sources
Underutilized experts and sluggish manual processes
Decision based on poorly analysed data
Rapidly changing local regulations
Digital challengers looking to disrupt the industry
Insurance is experiencing unprecedented growth in Asia
Over US$9T in assets under management
Premium income over US$1T in 2015
New regulations are being rolled out across Asia
C-ROSS in China, RBC2 in SG, RBC in HK, and others
European insurers spent US$6.6B on compliance with Solvency II in 2012 alone
APAC insurance industry estimated to spend US$35.6B on IT in 2017
We’ve established an awesome founding team with a combined 40+ years’ experience in the financial services and software industries.
Eric Forgy
CEO
PHD, CAIA
A former “rocket scientist” turned senior financial services professional. A key member of regional and local ALM committees and trusted advisor to C-level insurance executives.
Coherent Capital Advisors
Founder
AIA International
Head of Risk Management
ING Asia Pacific
Regional Manager
Market & Investment Risk
A premiere integrated data-to-boardroom ALM platform with;
Fast balance sheet projections and interactive dashboards
Customizable economic scenario generation
Realistic investment and product strategies
Analytics include economic and local statutory capital tailored for Asian markets
Provides a new generation of insight into investment & market risk
Analysis of millions of market and investment scenarios
Actionable intelligence in hours not weeks
1. Insurance:
Initially targeting life insurance in Hong Kong and low barrier SE Asian markets
before moving into the rest of Asia including China
2. Banks and Pension Fund Managers:
After establishing a client reference base expand into other industry’s facing
similar ALM challenges in Asia
Enterprise software platform delivered in three variants;
Professional Edition:
Cost effective reporting and modelling for small to medium insurers
Enterprise Edition:
Fully integrated scalable solution for complex multi region insurers
Third-Party Platforms:
Provided as part of existing data application e.g Reuters EIKON Terminal
MS Excel & legacy systems
Small number of software vendors typically providing only part of the integrated
solution Coherent Asia is building.
Recent M&A activity from large vendors indicate they are trying to create similar
integrated solutions, e.g. Moody’s acquired Barry & Hibbert for $77.6m USD
(2011) and GGY Axis (2016). SunGard acquired by FIS for $5.1b USD (2015)
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