RiskFirst, a Moody’s Analytics company, has won ‘Life and Pensions ALM System of the Year’ in the 2020 Risk Technology Awards for its PFaroe™DB solution. As a winner of the award, Risk also featured our CEO, Matthew Seymour, in its latest issue showcasing the all the winners of the awards.
In this piece, he discusses the importance of risk management technology for defined benefit pension plan managers:
“To manage their risk effectively, a joined-up, transparent and up-to-date view of their plan must be available when they need it. That means aligning multiple pieces of fragmented data, which can be quite challenging.”
The judges said:
- PFaroeDB is well established as a leading product for pension funds, and the acquisition of RiskFirst by Moody’s is a further strong endorsement.
- RiskFirst has been a market sector leader with a competitive, functionally rich product and happy users and is now able to leverage Moody’s ownership and assets.