SOURCE: Ultimate Risk Solutions

Ultimate Risk Solutions

June 07, 2012 08:00 ET

J. P. Morgan Asset Management Licenses Risk Explorer™

PEARL RIVER, NY--(Marketwire - Jun 7, 2012) - J.P. Morgan Asset Management has licensed Risk Explorer™, the Dynamic Financial Analysis (DFA) software from Ultimate Risk Solutions, LLC (URS), Thomas Byrnes, URS Managing Director-North America, announced.

The software will be used in connection with J. P. Morgan's asset management services to clients in the property/casualty insurance industry. Risk Explorer™ is the DFA software licensed by many of the world's largest insurance and reinsurance companies. The model enables corporate decision makers to identify and quantify all the risks a company faces.

"We're gratified that the Columbus Fixed Income group of J.P. Morgan Asset Management selected Risk Explorer™ to assist their clients after detailed review and testing of its capabilities," said Alex Bushel, Founder and Chief Executive Officer of URS.

"We are excited to have a new offering in our toolkit to help us build a complete balance-sheet approach to discussions with our insurance clients. Our Asset/Liability Solutions Group will use Risk Explorer™ in conjunction with our asset-side expertise to design and execute customized solutions. This will be done through a combination of liability and return-oriented strategies that consider the full range of balance-sheet outcomes. The Asset/Liability Solutions Group, with its portfolio management, risk management, quantitative analysis and derivative capabilities, will help us bring our clients the most innovative solutions in the industry, and we are happy that URS could be a part of that delivery," said Gary Madich, CFA, Global CIO, Columbus Fixed Income.

Among other analytical capabilities, Risk Explorer™ provides portfolio risk management, economic capital modeling and allocation, asset-liability matching, risk pricing and business strategy evaluation along with a full corporate view of risks.

Byrnes and Mario DiCaro, Managing Director-Technical, led the URS team that worked with Dawn Silvia, Vice President & Client Portfolio Manager, J. P. Morgan Asset Management, and her associates, in the process of evaluating Risk Explorer™.

J. P. Morgan Asset Management is a global leader in investment management with some $1.8 trillion under management in 2010. The Company is owned by J. P. Morgan Chase, the largest bank in the U.S.

Ultimate Risk Solutions, LLC is an independent developer of financial risk modeling software products that include Risk Explorer™, Predictable Dynamics -- a global economic model, and a suite of other products used in modeling risk.

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