Finnish private sector pension fund, Pension Fennia, has acquired a license for an asset liability and risk management (ALM) solution from Ortec Finance, IPE reports. The solution will allow Pension Fennia to formulate ALM strategies based on Ortec Finance’s multi-horizon scenario generation, asset and liability methodologies. The solution includes the modeling of the Finnish private sector solvency regulations. The model also incorporates an ex-ante risk management tool with specific focus on tail risks.

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