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Swiss Re Selects Wolters Kluwer Credit Risk Solution

The Summix Credit Risk solution was chosen to support Swiss Re’s new credit risk management operating model.

Swiss Reinsurance Company Ltd. (Swiss Re) has chosen the Summix Credit Risk solution from Wolters Kluwer Financial Services to support its updated operating model for credit risk management.

“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 CRO for reinsurance EMEA at Swiss Re. “[Wolters Kluwer] can meet our requirements for transparency, functionality, and simplicity at a reasonable cost.”

Swiss Re provides reinsurance, insurance, and other insurance-based forms of risk transfer. It plans to use Summix solution for credit exposure analysis, aggregation, and reporting, in addition to credit limit management and monitoring for global transactions.

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Kelly Sheridan is the Staff Editor at Dark Reading, where she focuses on cybersecurity news and analysis. She is a business technology journalist who previously reported for InformationWeek, where she covered Microsoft, and Insurance & Technology, where she covered financial ... View Full Bio

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