Software - Towers Watson releases RiskReporter software

 In addition to producing the quantitative reporting templates (QRTs), it enables the same source data to be pulled into qualitative reports eliminating the need for manual ‘cut and paste’ effort and risk in producing these documents.

  

 Martin Sher, RiskReporter Solution Lead at Towers Watson, said: “Where RiskReporter differs from products already on the market is that its pre-populated data model and sophisticated reporting engine simplifies the set-up and configuration of data extract queries for the reporting function. As such, in current industry jargon, where other solutions are characterised as ‘last mile’ solutions, we are characterising RiskReporter as a ‘last five miles’ solution.”

  

 The software is designed for either standalone use or as part of an enterprise modelling and reporting solution and is written to work with either Towers Watson’s own or other vendors’ upstream systems.

  

 John Rowland, Global Head of Life Insurance Capital Modelling at Towers Watson, added: “RiskReporter’s value to both P&C and life insurance businesses goes beyond Solvency II regulatory reporting. The comprehensive and consistent approach that it provides to data handling can be applied to wider management reporting, providing a platform from which to build going forward.”

 Towers Watson will be hosting an open webinar on RiskReporter on Wednesday 13 May at 10:00am UK time. To register, go here