TMCnet News
Censeo will use RiskFirst's PFaroe to enhance client understanding and implementation of integrated risk managementUK-based Censeo Actuaries & Consultants has adopted RiskFirst's PFaroe to enhance its defined benefit (DB) pension clients' understanding and implementation of integrated risk management. PFaroe will allow Censeo to offer daily asset and liability valuations, as well as more sophisticated investment advice, facilitating more effective scheme risk management and clearer identification of triggers for de-risking. Gail Higgins, Managing Director, Censeo, says: "PFaroe allows us to enhance our service offering for existing and potential clients and is a powerful tool for driving enhanced understanding of an integrated risk management approach - allowing DB schemes to assess, prioritise and manage holistically the employer covenant, investment and funding risks, in accordance with the Pensions Regulator's guidane. Using RiskFirst's technology means that we can offer such a service efficiently and in a cost-effective way." Matthew Seymour, CEO, RiskFirst, comments: "We are seeing more and more pension schemes looking to get to grips with the concept of integrated risk management and we are delighted that Censeo is adopting PFaroe to help its clients do this. PFaroe's complex analytics allows schemes to really delve into the risk factors affecting funding levels yet, at the same time, its intuitive design makes complex concepts understandable, driving more meaningful and interactive relationships between schemes and their advisers." -END - About Censeo Actuaries & Consultants Censeo Actuaries & Consultants Limited is an independent actuarial and pensions consultancy, incorporated in 2004, with offices in Salisbury and London. Censeo provides Actuarial, Investment and Pensions consultancy services, as well as full administration and treasury services, for smaller pension schemes. For more information please go to www.censeo.uk.com. About RiskFirst RiskFirst (formerly PensionsFirst) is a financial technology business that provides intuitive, user-friendly risk analytics and reporting. Its core product PFaroe® is web-based, available anytime and anywhere, and allows users to evaluate risk from multiple perspectives and to perform real-time scenario stress testing. Since being launched, PFaroe has established itself as the industry standard benchmark for risk management technology. Over 1,200 pension plans and $750 billion of pension liabilities are now modelled on RiskFirst's technology. For more information please go to www.riskfirst.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20160504005077/en/ |
