Case Study: Ohio National Financial Services achieves stronger variable annuity risk management with Numerix Leading Hedge

Ohio National Financial Services - Customer Case Study

Ohio National Financial Services, a family of companies focused on insurance protection and wealth accumulation, needed a better way to manage the economic risk of its variable annuity rider products. The company selected NumeriX and its Leading Hedge platform to support hedging, pricing, valuation, and risk profiling for these complex obligations.

Using NumeriX Leading Hedge, Ohio National gained a flexible framework to analyze, test, and implement risk management enhancements and new product designs while also supporting legacy products. The solution delivered faster performance, updating valuations and liability Greeks for the full VA block multiple times during the trading day, and improved flexibility, expandability, reduced run-time, and transparency.

Ohio National Financial Services

Michael DeWeirdt

Senior Vice President, Financial Risk Management