Conning, a leading global provider of risk and capital management software and advisory solutions for the investment industry, today introduced its new cloud-enabled Investment Optimizer (Cloud-IO) software. Cloud-IO is a next-generation tool that provides institutional asset owners, investment managers, and retail fund managers more detailed analyses and faster runtimes to help identify optimal investment strategies. Cloud-IO also leverages on-demand cloud computing to help users manage IT resources flexibility and more efficiently.
“The pandemic has helped highlight demand for Cloud-IO capability,” said Lorraine Hritcko, Conning’s Head of Risk Solutions. “Clients have needed to review their portfolios rapidly in light of the virus’s impact on the economy, and they can access the new tool that is just as effective when used from home as it is from the office. A market-leading wealth manager recently licensed the Cloud-IO and completed its first quarterly SAA process during the lockdown. They were able to do so without the level of support from their IT department that is typically required in implementing a new system.”
Cloud-IO enables users to analyze thousands of possible investment approaches and select those with the highest probability of optimizing investment return while limiting volatility and potential downside losses. Cloud-IO harnesses the power of cloud computing to significantly increase its analytic power, allowing significantly more detailed analyses and multiple iterations to be run quickly to support tight reporting deadlines.
Cloud-IO supports both asset-only and asset-liability optimizations, and it has a wide range of built-in analytics that include economic, accounting, and solvency capital metrics. Access is via web browser, offering clear graphical and interactive charts and tables that can be fed directly into management reports.