Leading broker/dealer uses Rivvit to automate derivative operations and gain real-time risk management oversight
Challenge This client set out to automate derivative operations and manage risk in real time across a complex book spanning credit total return swaps (TRS), equity TRS, equity TRS baskets, and credit forwards. The firm’s treasury operations supported a sophisticated trade lifecycle, from booking, settlement, and counterparty confirmation to valuation and reporting, yet the underlying […]
Specialty P&C insurer accelerates reporting and oversight with Rivvit
Challenge This client’s investment team faced a common challenge: too much time spent wrangling data and not enough time making decisions. Each month, they spent more than a week on manual reporting, downloading data from various providers, linking spreadsheets, troubleshooting formulas, and formatting slides. The process couldn’t keep up with the growing complexity of a […]
How Rivvit automated BCAR and RBC capital calculations for a leading insurer
Challenge Best’s Capital Adequacy Ratio (BCAR), developed by AM Best, and Risk-Based Capital (RBC), developed by the National Association of Insurance Commissioners (NAIC) are two of the most critical frameworks for measuring insurer capital strength, and they’re also two of the most complex. These calculations require detailed, accurate, and properly organized investment data sourced from […]
How Rivvit simplified rating agency survey reporting for an insurance asset manager
Challenge Annual rating agency surveys, including those required by Fitch, S&P, and AM Best, as well as frameworks like BCAR and RBC, are time-consuming, error-prone, and require diligence, consistency, and precision. While each survey and methodology is unique, they all depend on highly organized, well-mapped investment data. One Rivvit client, an insurance asset manager, needed […]
Security master improves insurer’s data quality and accelerates month-end reporting
Challenge This client acquires and partners with insurance and reinsurance companies by selectively investing in and enhancing the underlying portfolio company capabilities to activate new growth and distribution opportunities. Due to a lack of standardization across upstream investment managers, the client struggled with data quality issues related to incomplete security master information. This led to […]
Insurer automates and accelerates investment reporting with ABOR – IBOR integration
Challenge The client outsources their insurance investment management function to multiple investment managers who use a leading vendor solution as their Investment Book of Record (IBOR). The client utilizes multiple systems to support their accounting book of record (ABOR). Additionally, the client maintained multiple spreadsheets to track private investment activity, securities lending, and actuarial data […]
Fund manager implements Rivvit to consolidate data across multiple transfer agents
Challenge The client sought a data warehouse solution to manage data for their four investment strategies across 28 funds, 46 share classes, and 100+ SMAs with nearly 1,000 investors and total AUM exceeding $10 billion. On a daily basis, the client receives ~20 data files from their transfer agents, Bank of New York (Mellon) and […]
OMS integration with State Street delivers reliable daily accounting metrics
Challenge The client currently follows a hybrid investment management model whereby they outsource a portion of their book to external managers and manage the remainder in-house. All assets are managed on behalf of underlying insurance entities they own. The client sought to offer a separately managed account strategy (SMA) to external investors and insurers; however, […]