SSNC - SS&C launches pandemic risk scenarios-as-a-service

SS&C (SSNC) launches  SS&C Algorithmics Scenarios-as-a-Service, a subscription-based risk scenario and simulation service."Effective scenario planning and stress testing are critical in today's volatile markets," says Mina Wallace, General Manager, SS&C Algorithmics. "Our comprehensive library of stress scenarios enables organizations to plan for changing market conditions with more accurate risk assessments. The result is a cost-effective and efficient solution for financial institutions to help prepare for what's ahead."The first scenario is pandemic risk, which uses machine learning, financial risk modeling, and stress-testing methodology. The stress tests happen over one, five, and ten-day periods to help companies make decisions in a dynamic environment.Press release.

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SS&C launches pandemic risk scenarios-as-a-service