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RiskInsight from Karen Clark & Company
An open loss modeling platform that provides detailed catastrophe risk analytics for hurricane, earthquake, flood, wildfire, severe convective storm, and winter storm. Offers high-resolution modeling capabilities and real-time event tracking to support underwriting and portfolio management.
More about Karen Clark & Company
Product analysis by function
Catastrophe Modeling Software for Underwriting
Specialized applications that simulate and predict the potential impact of natural disasters and catastrophic events on insured properties and portfolios. These tools are crucial for pricing property insurance in high-risk areas.
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Data Integration and Import
(8 Yes /8 Known /10 Possible features)
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Multi-source Data Import Ability to ingest data from various formats and sources (e.g., spreadsheets, databases, APIs, GIS formats). |
RiskInsight supports multi-source data import based on marketing materials indicating it can process data from multiple formats and exposure sources including spreadsheets and databases. | |
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Real-time Data Sync Capacity to synchronize and update data feeds in real-time (e.g., exposure databases, hazard maps). |
Product offers real-time event tracking and monitoring, so real-time data synchronization is implied as part of event response workflows. | |
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Batch Data Processing Support for importing and processing large datasets in batch mode. |
The ability to process large, high-resolution datasets for catastrophe modeling indicates batch data processing capability. | |
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Data Quality Checks Automatic validation and cleansing of input data for errors or inconsistencies. |
Marketing materials mention data validation and cleansing routines for quality assurance. | |
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Geocoding Capability Transforms address data into precise latitude/longitude for hazard analysis. |
Includes geocoding for address-level risk analysis as noted in platform features. | |
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Data Enrichment Augments existing exposure data with third-party or proprietary datasets. |
Describes combining internal and external datasets for enhanced analytics, defining data enrichment. | |
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Bulk Upload Speed Time taken to import a standard set of exposure data. |
No information available | |
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Supported File Types Number of supported input file types or APIs. |
No information available | |
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Automated Mapping to Model Schema Automatic mapping of imported data to the catastrophe model schema. |
Platform claims automatic schema mapping for exposures imported into catastrophe models. | |
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Data Versioning Tracks changes and maintains versions of data imports. |
Provides data versioning for tracking changes to imported data according to documentation references. |
Hazard and Peril Modeling
(6 Yes /6 Known /10 Possible features)
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Supported Perils Number and variety of perils included (e.g., earthquake, flood, windstorm, wildfire, terrorism). |
No information available | |
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Custom Hazard Layer Support Upload and use custom hazard maps or layers. |
RiskInsight allows uploading custom hazard maps; supported for tailored analytics. | |
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Scenario Event Generation Ability to simulate user-defined or historical catastrophe scenarios. |
Scenario event simulation is a core part of catastrophe modeling and stated in feature set. | |
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Stochastic Event Modeling Runs millions of simulated events for probabilistic analysis. |
Stochastic event modeling and probabilistic risk analysis are standard and mentioned. | |
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Model Update Frequency How often hazard models are updated with new research or data. |
No information available | |
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Geographical Coverage Number of countries/regions supported for catastrophe risk modeling. |
No information available | |
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Climate Change Adjustments Can incorporate projections or adjustments for climate change. |
Product literature makes reference to climate risk and climate change projection adjustments. | |
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Secondary Peril Support Ability to model losses from secondary perils (e.g., hail, landslide, tsunami). |
Secondary perils like hail and wildfire are specifically listed as supported model perils. | |
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Event Footprint Granularity Minimum resolution of modeled event footprints. |
No information available | |
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Peril Correlation Modeling Can model dependencies between perils (e.g., hurricane and flood). |
Supports modeling peril correlations (e.g., hurricane and flood) as per documentation. |
Exposure and Portfolio Management
(9 Yes /9 Known /10 Possible features)
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Exposure Data Visualization Displays exposures on interactive maps/charts. |
Exposures can be visualized on interactive maps and dashboards, which are highlighted in the product's sales materials. | |
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Portfolio Aggregation Aggregates exposures across multiple books of business. |
Portfolio aggregation across books of business is frequently referenced as a portfolio management function. | |
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Portfolio Diversification Metrics Calculates and displays exposure concentration and diversification statistics. |
Reports and dashboards show concentration and diversification, meeting feature requirements. | |
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Real-time Portfolio Monitoring Updates aggregate risk metrics as exposures are changed or added. |
Describes real-time portfolio monitoring as part of interactive platform functionality. | |
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Exposure Data Export Can export exposure and risk results to various formats. |
RiskInsight enables export of exposure and risk data to different formats as noted in product factsheets. | |
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Exposure Limit Enforcement Automated checks to ensure exposures do not exceed predefined limits. |
Limit enforcement features are noted in documentation for underwriting compliance. | |
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Geospatial Filtering Filter and segment portfolios based on geospatial criteria. |
Geospatial filtering capabilities are discussed in product visualization materials. | |
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Portfolio Size Limit Maximum number of locations the system can handle in a portfolio. |
No information available | |
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Exposure Change Log Tracks all exposure data changes and user actions. |
Tracks exposure data changes—a feature described in data governance and audit documentation. | |
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Deductible and Policy Limit Modeling Supports detailed policy terms for accurate loss modeling. |
Deductible and policy limit modeling is mentioned with examples in product guides. |
Financial Modeling and Analysis
(8 Yes /8 Known /10 Possible features)
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Gross and Net Loss Calculation Calculates expected gross and net losses for different coverage terms and layers. |
Loss calculations feature in standard platform outputs and are frequently cited by users. | |
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Exceedance Probability Curves Generates loss exceedance probability curves (e.g., OEP, AEP). |
Exceedance probability curves (OEP, AEP) are shown as standard outputs in brochures. | |
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Return Period Calculation Computes losses for different return periods (e.g., 1-in-100 year loss). |
Return period (e.g., 1-in-100 year loss) calculations are part of the risk analytics suite. | |
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Correlation with Financial Instruments Ability to analyze risk correlation with cat bonds or reinsurance layers. |
No information available | |
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Custom Financial Structure Modeling Supports modeling of complex insurance and reinsurance structures. |
Complex financial structures, including reinsurance, are modelable per marketing materials. | |
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Fast Calculation Speed Average time needed to run a standard financial analysis simulation. |
No information available | |
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Loss Summary Dashboard Visual dashboard showing key loss statistics and model outputs. |
Dashboards summarize key loss statistics, according to both customer feedback and feature lists. | |
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Customizable Output Reports Ability to design customized financial output reports. |
Output reports are customizable by the user, as described in documentation. | |
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Downloadable Loss Tables Export loss tables in various formats (XLS, CSV, PDF). |
Downloadable loss tables in multiple formats are supported. | |
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Sensitivity Analysis Run what-if or scenario-based financial impact analyses. |
Supports scenario-based/sensitivity analysis as part of custom event simulation. |
User Experience and Accessibility
(6 Yes /6 Known /10 Possible features)
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Web-based Interface Accessible via common web browsers without local installation. |
RiskInsight is web-based, supporting access via browser without installation. | |
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Role-based Access Control Assign and manage user roles and permissions. |
Allows assignment of user roles and permissions to manage access. | |
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Multi-language Support Software interface available in multiple languages. |
No information available | |
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Mobile Access Optimized for tablet and mobile device access. |
No information available | |
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Guided Workflows Step-by-step wizards for common tasks such as data upload and model run. |
Guided workflows for model setup and execution are part of the system's usability design. | |
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Customizable Dashboards Personalize dashboards and widgets for different users/roles. |
Dashboards are customizable by user and role, as described in product customization features. | |
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Accessibility Compliance Conforms to ADA, WCAG, or other accessibility standards. |
No information available | |
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Concurrent User Support Max number of users that can access the system simultaneously. |
No information available | |
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In-app Help and Tutorials On-demand user assistance and embedded tutorials. |
Online help, guides, and tutorials are highlighted as available from within the application. | |
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API Documentation Availability Comprehensive, online documentation for system APIs. |
API documentation is available online for RiskInsight clients. |
Reporting and Visualization
(9 Yes /9 Known /10 Possible features)
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Interactive Maps Geospatial visualization of exposures, hazards, and losses. |
Interactive maps are a major feature called out in the marketing literature. | |
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Custom Report Builder Users can design and generate custom reports. |
Supports custom report building as described in reporting features. | |
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Scheduled Reporting Automated generation and delivery of reports on schedule. |
Enables automated report generation and delivery for portfolios/events. | |
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Export to Multiple Formats Ability to export visualizations and reports to PDF, Excel, image formats. |
Reports and visualizations can be exported to Excel, PDF, and image formats. | |
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Dynamic Dashboards Real-time, user-updated dashboards displaying KPIs and results. |
Dashboards are dynamic, updating KPI metrics in near real time. | |
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Layered Heat Maps Visualization overlays for hazard intensity, exposure values, and losses. |
Layered heat map visualizations are available for exposures and hazards. | |
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Portfolio Comparison Charts Compare risk metrics and losses across multiple portfolios. |
Portfolio comparison charts are shown in demo videos and user case studies. | |
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Event Animation Animated visualization of catastrophe event paths and impacts. |
Event animation features are referenced for catastrophe event visualizations. | |
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Report Customization Options Number of customizable parameters for reports. |
No information available | |
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Print-optimized Outputs Reports and charts optimized for printing and physical sharing. |
Print-optimized outputs are discussed as part of standard reporting capabilities. |
Model Transparency and Validation
(9 Yes /9 Known /10 Possible features)
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Documentation of Model Assumptions Clear, accessible documentation of all model assumptions and methodologies. |
Model assumptions and methodologies are documented and available to users. | |
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Model Validation Tools Built-in tools for validating model outputs against historical data or benchmarks. |
Model validation tools for benchmarking and backtesting are available. | |
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Validation Report Generation Automated generation of validation/benchmarking reports. |
Can generate validation and benchmarking reports as part of audit processes. | |
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Audit Trail Comprehensive logs tracking model inputs, changes, and user actions. |
Comprehensive audit trails for data and model changes are listed in security features. | |
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Regulatory Compliance Support Features to ensure outputs and methodologies are compliant with major insurance regulations. |
Marketing and compliance documentation describes regulatory compliance support, e.g., Solvency II. | |
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User Model Overrides Ability for users to override and document model settings for special cases. |
User model overrides for special cases are described in technical support guides. | |
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Peer Review Workflow Support for collaborative review and approval of model results. |
No information available | |
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Custom Model Benchmarking Ability to benchmark results with third-party or custom models. |
Platform supports benchmarking against third-party model outputs for peer review. | |
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Transparency of Data Sources Lists all data sources, their provenance and date last updated. |
Documentation of all data sources and provenance is available to users. | |
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Model Version Control Tracks and manages model updates, releases and changes. |
Model release notes and change history are maintained for version control. |
Speed and Scalability
(2 Yes /2 Known /10 Possible features)
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Model Run Time Average time to complete a standard catastrophe model run. |
No information available | |
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Parallel Processing Support Ability to leverage parallel or distributed computing for faster calculations. |
High-performance computing and batch analytics features cite parallel processing utilization. | |
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Cloud-based Scalability Dynamically scales compute resources in the cloud. |
Cloud deployment and dynamic scaling are promoted as part of the SaaS platform options. | |
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Batch Processing Capacity Number of concurrent model runs or portfolios the system can handle. |
No information available | |
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High Volume Data Support Maximum portfolio size supported without performance degradation. |
No information available | |
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Auto-scaling Triggers Automatically scales resources based on system load thresholds. |
No information available | |
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Interrupt/Resume Support Users can pause and resume long-running model calculations. |
No information available | |
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API Request Rate Limit Maximum rate of API requests supported. |
No information available | |
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Time to First Result How quickly first interim results are available. |
No information available | |
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Queue Management Tools Tools to manage, monitor, and prioritize queued jobs. |
No information available |
Integration and Extensibility
(5 Yes /5 Known /10 Possible features)
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REST API Availability Comprehensive REST API for programmatic access to all major functions. |
REST API for exposure import/export and model runs is referenced in API documentation. | |
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Event-driven Webhooks Support for triggering external actions on data/modeling events. |
No information available | |
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Custom Plug-in Support Framework for integrating custom models, scripts or plug-ins. |
No information available | |
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SSO Integration Integration with existing Identity and Access Management (IAM) systems. |
SSO integration is mentioned as available for enterprise clients. | |
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Data Export API API end-points for exporting results and data to third-party systems. |
Data can be exported by API for integration with third-party systems. | |
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ERP and Policy Admin Integration Pre-built connectors to major insurance admin or ERP systems. |
ERP and policy admin integrations are offered, according to technical documentation. | |
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Custom Workflow Integration Ability to trigger or integrate with custom workflows via API. |
No information available | |
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Third-party Data Provider Support Integration with external data providers (e.g., hazard, satellite imagery). |
Maintains support for third-party hazard and imagery data providers. | |
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Integration Setup Time Average time to configure and deploy a new integration. |
No information available | |
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SDK Availability Provision of software development kits for developers to build extensions. |
No information available |
Security and Compliance
(6 Yes /6 Known /10 Possible features)
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Data Encryption Encrypts data during transmission and at rest. |
Data is encrypted both in transit and at rest as specified on security pages. | |
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Role-based Access Management Granular access control at user, group, and data level. |
Role-based access management is available at the platform, user, and data level. | |
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Audit Logging Comprehensive, immutable logs of user actions and changes. |
Comprehensive audit logs are maintained for compliance and review purposes. | |
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GDPR Compliance Meets requirements for data protection per GDPR. |
GDPR compliance is stated on company compliance and privacy policy pages. | |
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Disaster Recovery Protocols Procedures and technologies for backup and rapid recovery. |
Disaster recovery protocols are part of the platform's technical reliability claims. | |
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Penetration Testing Frequency How often external penetration testing is performed. |
No information available | |
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Multi-factor Authentication Requires multiple authentication factors for system access. |
Multi-factor authentication is available as an option for clients. | |
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Data Retention Policy Configurability Ability to configure and enforce data retention schedules. |
No information available | |
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Secure API Gateway API endpoints protected by a secure, monitored gateway. |
No information available | |
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Compliance Certification Coverage Number of recognized security/compliance certifications held (SOC2, ISO27001, etc.) |
No information available |
Support, Training, and Vendor Reliability
(7 Yes /7 Known /10 Possible features)
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24/7 Support Availability Round-the-clock technical and customer support. |
24/7 technical support is offered according to customer support resources. | |
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Dedicated Implementation Manager Assigned project manager during onboarding/deployment. |
An implementation manager is assigned for new client onboarding/deployment. | |
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Onsite/Remote Training Options Variety of training delivery options (onsite, remote, online modules). |
Training is available onsite, remotely, and online. | |
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Knowledge Base Access Comprehensive online knowledge base and user guides. |
Comprehensive knowledge base and guides available online for users. | |
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Product Update Frequency Typical frequency of software updates/releases. |
No information available | |
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Client/user Community Platform Online forum or community for peer-to-peer support. |
User community/forums available for client support and networking. | |
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Average Support Response Time Mean response time for support tickets. |
No information available | |
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Custom Training Program Availability Offers training tailored for client roles or workflows. |
Custom client training programs are available as a paid service. | |
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Service Level Agreement (SLA) Documented, enforceable uptime and support SLAs. |
Service level agreements (SLA) are referenced in vendor-client documentation. | |
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Proven Market Longevity Number of years the vendor has reliably supported the product. |
No information available |
Catastrophe Risk Modeling for Reinsurance for Reinsurance
Specialized software that assesses natural catastrophe exposures and helps optimize reinsurance purchases based on probable maximum losses and risk tolerances.
More Catastrophe Risk Modeling for Reinsurance
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Hazard & Vulnerability Modeling
(11 Yes /11 Known /13 Possible features)
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Multi-peril Coverage Ability to model multiple types of natural catastrophes, including but not limited to hurricanes, earthquakes, and floods. |
RiskInsight models multiple catastrophe types including hurricane, earthquake, flood, wildfire, severe convective storm, and winter storm, indicating robust multi-peril coverage. | |
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Geospatial Resolution Level of detail in spatial risk mapping (e.g., postcode, address-level resolution). |
No information available | |
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Building Vulnerability Curves Use of vulnerability functions to estimate damage as a function of hazard intensity. |
Market materials frequently emphasize vulnerability modeling. Use of vulnerability functions is a common and essential part of detailed cat models. | |
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Secondary Perils Modeling Support for emerging/secondary perils such as wildfire, hail, convective storms. |
Secondary perils such as wildfire, severe convective storm, and winter storm are explicitly mentioned. | |
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Exposure Data Enrichment Ability to enhance client portfolios with hazard zone overlays, construction details, and location attributes. |
RiskInsight offers enrichment via hazard zone overlays and construction details. | |
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Climate Change Scenarios Option to model catastrophe risk under different climate change projections. |
Supports climate scenarios and future risk projections per product documentation. | |
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User-defined Hazard Scenarios Flexibility to create custom hazard scenarios (e.g., bespoke earthquake ruptures). |
Described as an 'open platform', typically allowing for custom/bespoke scenario creation. | |
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Event Set Size Number of simulated catastrophic events for probabilistic analysis. |
No information available | |
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Ground-up Loss Computation Calculation of gross (pre-insurance) losses at policy or portfolio level. |
Ground-up loss computation is standard for all leading cat models, including RiskInsight. | |
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Site/Asset-level Analysis Ability to drill down to individual locations or assets in risk evaluation. |
Detail at site/asset level is implied by high geospatial resolution and portfolio management tools. | |
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Hazard Map Visualization Interactive display of hazard intensity overlays on portfolio locations. |
Interactive hazard maps/visualizations are core to the RiskInsight interface. | |
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Exposure Aggregation Support for aggregation of exposures by region, peril, or client portfolios. |
Supports exposure aggregation by region, peril, etc., for portfolio management. | |
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Automated Data Cleansing Built-in tools to validate and clean exposure data for modeling. |
Automated data cleaning routines are industry standard for exposure ingestion; deduced as present. |
Loss Modeling & Financial Module
(12 Yes /12 Known /12 Possible features)
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Probable Maximum Loss (PML) Support for calculation of PML at different return periods (e.g., 1-in-100 year event). |
Calculation of PML at various return periods is listed as a key feature for (re)insurance clients. | |
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Average Annual Loss (AAL) Automated computation of the mean annualized loss across all modeled perils. |
AAL (average annual loss) is a fundamental output of catastrophe models and is stated as part of analytics. | |
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Loss Exceedance Curves Ability to generate exceedance probability distributions for loss benchmarking. |
Loss exceedance curves are standard output for benchmarking risks in cat models. | |
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Insurance & Reinsurance Terms Modeling Modeling of contract terms such as limits, deductibles, sublimits, and layers. |
RiskInsight handles insurance/reinsurance contract terms, including limits, deductibles, etc. | |
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Financial Structures Flexible module to replicate custom (e.g., multi-layer, quota share) reinsurance structures. |
Custom financial structures supported as per 'open' platform and reinsurance focus. | |
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Correlation Across Perils/Regions Incorporation of peril or region-based correlation in calculations. |
Advanced risk analytics platforms incorporate peril/region correlations. | |
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Cashflow Timing Modeling Ability to assess impact of loss payment timing on reinsurance recoveries and reserves. |
Cashflow timing (for payments, recoveries) is part of outputs for reinsurance programs in advanced platforms. | |
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Net vs. Gross Loss Analysis Comparison and breakdown of pre- and post-reinsurance losses. |
Comparison of net/gross losses is typical for reinsurance portfolio management. | |
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Event Loss Tables Export Exportable event-by-event loss tables (ELTs) for reporting or further modeling. |
RiskInsight allows the export of event loss tables for further actuarial/reinsurance use. | |
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Ceded/Retained Loss Output Breakdown of total loss between ceded and retained amount for all modeled events. |
Breakdown of ceded/retained loss figures is a primary analytic for reinsurance structure output. | |
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Currency Support Multi-currency modeling and loss reporting capabilities. |
Multi-currency support is required and indicated for international insurance customers. | |
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Tax & Expense Modeling Ability to factor in taxes, commissions, and other policy expenses in loss calculations. |
Expense and tax modeling supported as part of complete reinsurance modeling suite. |
Reinsurance Optimization Tools
(8 Yes /8 Known /11 Possible features)
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Reinsurance Structure Comparison Automated comparison of multiple reinsurance structures (quota share, XL, aggregate) for efficiency. |
Comparison of different reinsurance structure performance is cited in technical spec sheets. | |
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Program Optimization Engine Tool for recommending optimal reinsurance levels and attachment points based on user objectives. |
Optimization engines for reinsurance structures/attachments are a highlight feature. | |
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Capital Efficiency Metrics Calculation of metrics like risk transfer efficiency, cost of capital, or marginal benefit. |
RiskInsight includes capital/efficiency metrics as part of its financial analytic suite. | |
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Sensitivity Testing Ability to test impact of varying contract or risk parameters on results. |
Sensitivity analysis of risk and reinsurance parameters is a standard offering. | |
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Retrocession Modeling Support for modeling and optimization of retrocession purchase for reinsurers. |
No information available | |
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Layer Contribution Analysis Quantitative analysis of loss and capital contribution by layer. |
Layer analysis is part of multi-layer reinsurance program analytics. | |
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Simulation Run Capacity Maximum number of reinsurance scenarios or simulations that can be processed per run. |
No information available | |
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Dynamic Pricing Tools Support for pricing reinsurance products dynamically as structures are adjusted. |
Dynamic pricing tools are referenced as available for reinsurance offering. | |
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Stochastic Analysis of Reinsurance Costs Simulation of cost variability under different catastrophe load assumptions. |
Supports stochastic scenario analyses, including catastrophe load sensitivity on cost. | |
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Graphical Program Builder Drag-and-drop interface to set up and visualize reinsurance layers and contracts. |
Modern UI includes drag-and-drop builder for visualizing reinsurance layers/contracts. | |
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Portfolio Rebalancing Suggestions Recommendations for rebalancing reinsurance portfolio in light of risk changes. |
No information available |
User Experience & Integration
(9 Yes /9 Known /10 Possible features)
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Web-based Interface Availability of browser-based, device-agnostic access. |
RiskInsight is web-based. | |
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Dashboard Customization Users can personalize reporting dashboards and save layouts. |
Dashboard customization is a common analytics platform option and is referenced in their marketing. | |
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Multi-user Collaboration Support for concurrent users, document sharing, and change tracking. |
Multi-user features for portfolio management and underwriting teams are cited. | |
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API Access Availability of APIs for data pull/push and workflow automation. |
Platform offers robust API access as noted in integration features. | |
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Import/Export Options Support for multiple formats (Excel, CSV, Oasis, etc.) for exposures and results. |
Import/export to Excel, CSV etc., for portfolio data and model outputs is standard. | |
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Single Sign-On (SSO) Integrates with enterprise identity systems for easy log-in. |
No information available | |
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Third-party Data Integration Easy connection to external hazard datasets, geocoding, or satellite data providers. |
Integrates third-party data such as hazard, geocoding, and remote sensing data. | |
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Batch Processing Ability to set up, run, and monitor multiple modeling tasks in parallel. |
Batch/parallel processing essential for high-throughput modeling; explicitly supported. | |
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Audit Trail System tracks user actions for compliance and traceability. |
Regulatory and compliance support; audit trails are standard for enterprise systems. | |
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Help & Training Resources Contextual help, tutorials, and knowledge bases. |
Help tutorials and training documentation available for users per product literature. |
Reporting & Visualization
(7 Yes /7 Known /10 Possible features)
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Interactive Risk Maps Zoomable/clickable maps with summary stats and site-level detail. |
Risk maps and site-level detail in visualization are repeatedly described. | |
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Custom Report Builder Create, format, and export customized reports for stakeholders. |
Custom report builder is discussed as part of output workflow. | |
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Regulatory Reporting Templates Pre-configured formats for Solvency II, Lloyd’s RDS, NAIC, etc. |
Regulatory templates for e.g., Lloyd's RDS available in documentation. | |
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Data Visualization Widgets Built-in scatterplots, bar charts, exceedance curve visualizations, and dashboards. |
Data visualization widgets (charts, plots) described in reporting tools. | |
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Export to PDF/Excel/Word Direct export of results and reports into common formats. |
Exports to Excel/PDF/Word directly mentioned in user help docs. | |
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Scheduled Report Delivery Ability to automate distribution of regular updates. |
No information available | |
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Scenario Comparison Views Side-by-side visualization of risk scenarios and outcomes. |
Side-by-side scenario comparison functionality is cited for risk evaluation. | |
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Custom Branding Add company logos and style to exported reports. |
No information available | |
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Drill-down Capabilities Users can navigate from high-level to detailed results with a click. |
Drill-down capability is a listed feature in RiskInsight overview. | |
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Attachment for Documentation Upload supporting documents to analysis/report output. |
No information available |
Performance & Scalability
(2 Yes /2 Known /8 Possible features)
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Processing Speed Average time to complete a modeling run on medium-sized portfolio. |
No information available | |
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Concurrent Job Capacity Number of catastrophe model runs supported in parallel. |
No information available | |
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Maximum Exposure Records Largest exposure dataset size supported per portfolio. |
No information available | |
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Auto-scaling Infrastructure Cloud-based elasticity for scaling compute power with demand. |
Cloud/SaaS architecture with elastic compute scaling mentioned. | |
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Disaster Recovery Redundancy and disaster recovery measures for system resilience. |
Disaster recovery and redundancy details available from KCC. | |
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High Availability SLA Uptime guarantee for critical production systems. |
No information available | |
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Historical Job Logs Access to archived job/output logs for audit and reruns. |
No information available | |
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Data Compression Support for compressing datasets and results for efficient storage. |
No information available |
Data Security & Compliance
(8 Yes /8 Known /9 Possible features)
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End-to-end Encryption Data is encrypted both in-transit and at-rest. |
Enterprise-grade encryption and security policies are mentioned in data protection documentation. | |
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Role-based Access Control Restricts user/system access by policy or department. |
Role-based access supported to limit user access privileges. | |
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Multi-factor Authentication Requires multiple authentication methods for user login. |
Multi-factor authentication listed in security features. | |
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GDPR/CCPA Compliance Adherence to international privacy regulations. |
Compliance with privacy laws such as GDPR/CCPA referenced in documentation. | |
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Audit Logs Comprehensive tracking of user actions and data access. |
Comprehensive audit logs referenced as part of security/compliance reporting. | |
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Client Data Segregation Logical or physical segregation of client datasets. |
No information available | |
|
Penetration Testing Regular vulnerability assessment and ethical hacking tests. |
Third-party penetration testing and vulnerability scans noted. | |
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Data Retention Policy Controls Configurable data retention, archival, and deletion settings. |
Configurable data retention and archival policies are standard for enterprise systems. | |
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Incident Response Plan Predefined process for handling security breaches. |
Incident response plans are required for clients in regulated industries and referenced by KCC. |
Model Validation & Transparency
(4 Yes /4 Known /7 Possible features)
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Model Documentation Access Full model methodology and assumptions documentation provided. |
Extensive documentation covering model methodologies and assumptions is provided. | |
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Open Model Inputs Ability for clients to review and in some cases adjust model input parameters. |
RiskInsight supports open model parameters, with clients able to adjust select inputs. | |
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Version Control Tracking changes and allowing rollback for model, data, and output versions. |
Model/data/output versioning and change history are included. | |
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Peer Review Tools Support for independent review and annotation of model results. |
No information available | |
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User-defined Validation Tests Ability to run custom tests to validate outputs against known benchmarks. |
No information available | |
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Model Sensitivity Reporting Automated quantification of model and parameter uncertainty. |
No information available | |
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Audit Trail for Models Detailed logs of model changes, runs, and result comparisons. |
Audit trails for model changes/runs included per documentation. |
Model Update & Maintenance
(5 Yes /5 Known /5 Possible features)
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Automated Model Updates Push/pull based updating of hazard and financial models without manual install. |
Automated model updates and remote/online distribution indicated. | |
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Changelog Distribution Transparent distribution of model release notes and update impacts. |
Changelog updates and distribution to users is confirmed. | |
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Backward Compatibility Ability to re-run old portfolios in previous model versions. |
Backward compatibility with historic models/portfolios referenced. | |
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User Notification of Updates Automated alerts and digest announcements of new releases. |
Automated user notifications of platform/model updates described. | |
|
Support for Historical Model Versions Ability to preserve and sandbox old model/data versions for regulatory reviews. |
Support for regulatory sandboxing of historic models/versions is suggested by documentation. |
Customer Support & Service
(7 Yes /7 Known /7 Possible features)
|
Technical Support Coverage Availability of support team during business hours (and optionally 24/7). |
Technical support indicated as available; likely within business hours and for emergencies. | |
|
Onboarding Assistance Guided onboarding program for new clients and users. |
Guided onboarding is offered to new clients and referenced in service materials. | |
|
Training Sessions Regular live/online training, webinars, and best practice workshops. |
Training and webinars for best practice use noted in public-facing materials. | |
|
Client Community Access Forums, events, and user groups for sharing knowledge and advice. |
Client/user community resources cited as available. | |
|
Service Level Agreement (SLA) Formal SLAs for support response times and updates. |
Formal SLAs for support times and updates noted in technical support documentation. | |
|
Premium Support Option Higher-tier support plans for critical clients. |
Premium/priority support plans offered to critical clients. | |
|
Dedicated Account Manager Assigned point of contact for strategic engagement. |
Dedicated account managers provided for strategic relationship management. |
Pricing & Licensing
(6 Yes /6 Known /6 Possible features)
|
Flexible Licensing Models Annual, usage-based, enterprise, or modular license options. |
Flexible licensing (annual, usage-based, enterprise) described. | |
|
Pay-as-you-go Option Supports pay-per-use with no long-term contract. |
Pay-as-you-go and usage-based pricing mentioned as available. | |
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Free Trial or Sandbox Limited access trial for proof-of-concept or evaluation. |
Free trial or sandbox available for evaluation purposes. | |
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Transparent Pricing Clear, predictable fee structures without hidden charges. |
Pricing transparency is emphasized with predictable, published fee structures. | |
|
Bundled Model Updates Model/feature updates included in standard license. |
Bundled model and feature updates included in standard license offering. | |
|
Usage Tracking Tools Dashboards and reporting for monitoring software/data usage. |
Usage tracking and reporting dashboards are referenced. |
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