About Risk Explorer
Risk Explorer is a risk modeling software from comprehensive Risk Solutions that supports enterprise risk assessment processes. It combines data analytics, scenario modeling, and reporting capabilities so organizations can effectively understand and manage their risk exposures. With its presence in over 30 countries, Risk Explorer serves a diverse range of industries and is designed to accommodate complex risk environments. The software enables users to visualize risk factors, simulate various risk scenarios, and generate comprehensive reports for informed decision-making. Key capabilities: data analytics scenario modeling reporting risk visualization user-friendly interface Best for: risk managers and analysts that need reliable tools for enterprise risk modeling and assessment.
Risk Explorer from Ultimate Risk Solutions (URS) is a highly advanced dynamic financial analysis platform designed for insurers, reinsurers, and risk management professionals seeking a comprehensive and scalable solution for modeling complex financial and actuarial scenarios. The platform excels in forward-looking capital modeling, allowing users to simulate stochastic outcomes across a wide range of macroeconomic conditions, including GDP growth, interest rates, inflation, and credit transitions, using its integrated economic scenario generator. This enables organizations to conduct detailed asset-liability management, stress testing, and scenario analysis with a level of realism that is critical for both strategic decision-making and regulatory compliance. One of Risk Explorer’s standout features is its cloud-enabled architecture, which allows large, computationally intensive models that might take hours or days to run on traditional systems to complete in minutes, facilitating more rapid experimentation and iterative analysis. The platform also supports advanced reinsurance optimization, capital allocation, and Solvency II reporting, making it a robust tool for both enterprise risk management and regulatory purposes.
Pros & Cons
- +Very powerful for insurers and reinsurers who need to model both assets and liabilities under different economic scenarios.
- +Deep reinsurance modeling capabilities are valuable for risk transfer and capital optimization strategies.
- +Sophisticated macro-economic modeling allows realistic stress testing of portfolios.
- +Stochastic financial reporting gives a forward-looking view of risk, beyond historical performance.
- +Dashboards and visualization tools help actuaries and risk managers communicate insights effectively.
- −Likely complex to use, requiring specialized knowledge in actuarial science, capital modeling, and financial risk.
- −Requires high-quality input data for both liabilities and assets to produce reliable outputs.
- −Scenario outputs depend heavily on assumptions; real-world outcomes may differ.
- −Targeted at insurers and reinsurers, making it less suitable for non-insurance firms or simpler risk management needs.
Features
Key features
- Dynamic Financial Modeling
- Allows users to run both stochastic and deterministic scenario models to forecast financial risk under different assumptions.
- Asset Portfolio Modeling
- Models risk in an insurer’s or reinsurer’s asset portfolios, linking economic scenarios to asset value changes.
- Capital & Reinsurance Evaluation
- Supports capital estimation, allocation, and evaluation of reinsurance strategies.
- Stochastic Financial Reporting
- Generates financial statements under multiple simulated future paths, helping in forward-looking risk assessments.
- Macro-Economic Scenario Generator
- Uses a built-in economic model to simulate macro variables such as GDP growth, interest rates, and exchange rates under stress scenarios.
Additional features
- Correlation & Nested Aggregation
- Supports complex correlation structures and multi-tier aggregations of risk factors.
- Derivative Modeling
- Can model derivatives including swaps (interest rate, currency, total return) within the financial simulation.
- Reinsurance Contract Features
- Supports detailed reinsurance structures, including sliding scale commission, indexation, and other clauses.
- Dashboard & Visualization
- Provides user dashboards and charts to visualize risk metrics, scenario outputs, and key indicators.
- Capital & Regulatory Reporting
- Supports reporting for regulatory or internal capital purposes, such as economic capital or solvency metrics.
- Training & Flexibility
- Offers flexibility in modeling and training for users, suitable for complex insurance-risk modeling.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About Risk Explorer
Risk Explorer is a risk modeling software from comprehensive Risk Solutions that supports enterprise risk assessment processes. It combines data analytics, scenario modeling, and reporting capabilities so organizations can effectively understand and manage their risk exposures. With its presence in over 30 countries, Risk Explorer serves a diverse range of industries and is designed to accommodate complex risk environments. The software enables users to visualize risk factors, simulate various risk scenarios, and generate comprehensive reports for informed decision-making. Key capabilities: data analytics scenario modeling reporting risk visualization user-friendly interface Best for: risk managers and analysts that need reliable tools for enterprise risk modeling and assessment.
Risk Explorer Details
Risk Explorer's In-App Market Place
Does Risk Explorer have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CHF (CHF), CNY (¥), INR (₹), RUB (₽), BRL (R$), KRW (₩), SGD (S$), ZAR (R)
Pros & Cons
- Very powerful for insurers and reinsurers who need to model both assets and liabilities under different economic scenarios.
- Deep reinsurance modeling capabilities are valuable for risk transfer and capital optimization strategies.
- Sophisticated macro-economic modeling allows realistic stress testing of portfolios.
- Stochastic financial reporting gives a forward-looking view of risk, beyond historical performance.
- Dashboards and visualization tools help actuaries and risk managers communicate insights effectively.
- Likely complex to use, requiring specialized knowledge in actuarial science, capital modeling, and financial risk.
- Requires high-quality input data for both liabilities and assets to produce reliable outputs.
- Scenario outputs depend heavily on assumptions; real-world outcomes may differ.
- Targeted at insurers and reinsurers, making it less suitable for non-insurance firms or simpler risk management needs.
Risk Explorer's Support Options
Email Address
info@ultirisk.comContact
+1-845-825-1494Community Forums
https://www.ultirisk.com/insights/8#topRisk Explorer's Alternatives
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