Case Study: KLP achieves 200% increase in active users and cloud-based multi-asset risk analytics with IBM Algo Risk Service (IBM)

KLP empowers the front and middle office with advanced risk analytics

KLP, Norway’s largest mutual life insurer, needed to make sophisticated risk modeling accessible to its 58 asset managers and front- and middle-office teams; its previous two-system setup and split hosting made model results hard to access and maintain. To address this, KLP partnered with IBM and selected IBM Algo Risk Service on Cloud as a single, cloud-based framework for risk modeling across multiple asset classes.

IBM implemented the IBM Algo Risk Service on Cloud with tailored models, risk measures and personalized web reports, giving users instant access to analytics. The solution drove a 200 percent increase in active users (about half of portfolio managers now using it daily), broader front- and middle-office adoption, easier IT support, and the ability to model multiple asset classes and measure active vs. passive exposures across KLP’s funds.

KLP

Harald Harlem

Head of Investment Management Services