Guy Carpenter has released the latest version of its risk and capital decision tool MetaRisk 6.0.
The global broker said the new version is producing results 10 times faster and supports US, UK, French and German GAAP accounting standards.
Guy Carp’s chief Actuary Steve White said: “MetaRisk users can run more simulations in less time to produce more stable, transparent results. With MetaRisk, users can dig deeper into the underlying drivers of risk, run multiple sensitivity analyses and quickly evaluate alternatives to mitigate risk.”
MetaRisk is a program that allows companies to communicate its risk and decision rationale to anyone with an interest in the company including management, shareholders, ratings agencies and regulators.