Onsite MediaContact:
Theresa Freas
SunGard
678-459-7110
IASA Booth Number: 601
2014 IASA Press Submission
SunGard Completes Delivery of its iWorks Enterprise Business Intelligence Tool with Risk and Performance Capabilities
SunGard has completed the delivery of its iWorks Enterprise Financials solution suite, a cloud-based and mobile-enabled business intelligence tool that gives insurers the ability to transform raw financial data into actionable insights and timely analysis for investments, risk and compliance.
iWorks Enterprise Financials helps chief investment and financial officers: enhance investment returns; adapt to a changing regulatory environment; quantify, manage and capitalize on financial and investment risks; improve efficiency and manage costs.
iWorks Enterprise Financials' risk dashboard provides a comprehensive view of investment exposure, including currency risk, country risk, credit risk (including Fitch, S&P and Moodys exposure), and duration risk snapshots showing sensitivity to interest rates, giving insurers the opportunity to more readily adjust their risk exposure. iWorks Enterprise Financials performance dashboard provides visibility and insight into returns by benchmark, asset class and portfolio manager.
Previously released components of iWorks Enterprise Financials also include an accounting component, which helps CFOs review invested assets, identify income streams, and project cash flow, and a compliance component, providing an at-a-glance, three-dimensional view of NAIC guidelines, most state regulations, and the insurers company investment policy guidelines.
“Ive been impressed with SunGards innovation team – they know the insurance business, they understand our unique challenges, and they consistently deliver new tools to help me manage the companys investment portfolios. As a result, well be using iWorks Enterprise Financials extensively in our day-to-day business.“ Ramsey Ross, assistant vice president and treasurer, Union Labor Life, a subsidiary of Ullico Inc.
With iWorks Enterprise Financials, I'll be able to use business intelligence tools that will allow me to quickly see how my investment portfolios are performing, where we have critical and strategic risks in our investments, and how our compliance profile stands relative to state regulations, NAIC guidelines and the investment policies of our companies. It's a great leap forward for me as a manager and for the reporting I do for our companies.“ Lin Elliott, Investment Manager, Texas Farm Bureau Insurance Companies
Insurers must manage a complex investment landscape and adapt to a changing regulatory environment in order to control risk, protect cash flow and increase revenues. The latest release of iWorks Enterprise Financials is helping insurers gain a deeper understanding of their investment portfolios, historical income trends, and potential changes to cash flow, while improving ROI from their compliance and risk management efforts.“ John Vercellino, vice president, product management, SunGards iWorks Financials insurance solutions
Company Name: SunGard
About SunGard: Ive been impressed with SunGards innovation team – they know the insurance business, they understand our unique challenges, and they consistently deliver new tools to help me manage the companys investment portfolios. As a result, well be using iWorks Enterprise Financials extensively in our day-to-day business.“ Ramsey Ross, assistant vice president and treasurer, Union Labor Life, a subsidiary of Ullico Inc.
With iWorks Enterprise Financials, I'll be able to use business intelligence tools that will allow me to quickly see how my investment portfolios are performing, where we have critical and strategic risks in our investments, and how our compliance profile stands relative to state regulations, NAIC guidelines and the investment policies of our companies. It's a great leap forward for me as a manager and for the reporting I do for our companies.“ Lin Elliott, Investment Manager, Texas Farm Bureau Insurance Companies
Insurers must manage a complex investment landscape and adapt to a changing regulatory environment in order to control risk, protect cash flow and increase revenues. The latest release of iWorks Enterprise Financials is helping insurers gain a deeper understanding of their investment portfolios, historical income trends, and potential changes to cash flow, while improving ROI from their compliance and risk management efforts.“ John Vercellino, vice president, product management, SunGards iWorks Financials insurance solutions
PR Contact Name: Christie CurreriMobile Number: 203 257 6444
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