Strategic Partnership - RNA Analytics and SecondFloor

We are pleased to announce that during the 4th quarter of 2017, RNA Analytics and SecondFloor agreed a strategic association. The aim of this collaboration is to combine the expertise of each party in order to provide clients with complete, scalable, end-to-end solutions in the global insurance risk market.

RNA Analytics and SecondFloor have an excellent and long-established working relationship and will initially bring RNA Analytics’ advanced and flexible actuarial and risk modelling capability together with SecondFloor’s Process control, data management and reporting in order to bring to market a combined solution that will enable insurers to meet the upcoming IFRS 17 regulatory requirements.

Going forward, bringing together the respective areas of expertise of each company will present many more opportunities to further serve the needs of companies in the financial services sector.

About RNA Analytics

RNA Analytics was established in 2017 but is formed around a software development and consulting team that has been working together for many years. RNA Analytics offers insurance firms a comprehensive actuarial and risk modeling solution that provides essential analytics and regulatory metrics to help meet the needs of financial services companies worldwide. The solution supports the modeling of insurance and asset portfolios across a spectrum of risk-based regulatory regimes including Solvency II and IFRS. It helps insurers meet requirements for more realistic and complex modeling to enable critical risk-informed decision making.

R³S is a leading software product for financial and actuarial analysis, designed in response to the increasing focus on risk and capital management and the demand for more realistic modeling in financial analysis.

About SecondFloor

SecondFloor is the specialist in Insurance Risk management solutions in Europe. The company offers highly scalable IT solutions that fit any size of insurance company. With its strong track record, SecondFloor developed excellent know-how and offers solutions approved by regulators throughout Europe.

The product offering of SecondFloor enables efficient analytics, regulatory and management reports, on time every time. SecondFloor is a preferred supplier for a wide range of environments: internal model platforms, standard formula processes and regulatory reporting tool for QRTs (XBRL), SFCR, ORSA and RSR.