Swiss Re Selects Wolters Kluwer’s Credit Risk Management Tool

Swiss Reinsurance Company has selected Wolters Kluwer’s Summix Credit Risk solution.

In support of an updated target operating model for its credit risk management, Swiss Re has chosen Summix Credit Risk. The new system will provide credit exposure analysis, aggregation and reporting as well as credit limit management and monitoring across its global operations.

“Risk Management systems need to keep pace with the changing demands of internal and external stakeholders,” said Kanwardeep Ahluwalia, head of Financial Risk Management and recently appointed CRO Reinsurance EMEA at Swiss Re. “The expertise demonstrated by Wolters Kluwer Financial Services during the proof of concept and detailed workshop sessions gives me confidence they can meet our requirements for transparency, functionality and simplicity at a reasonable cost.”