Key facts FIS has launched the Insurance Risk Suite AI Assistant, a generative AI tool that provides instant actuarial guidance Delivers expert risk modeling guidanceKey facts FIS has launched the Insurance Risk Suite AI Assistant, a generative AI tool that provides instant actuarial guidance Delivers expert risk modeling guidance

FIS Launches 24/7 AI Assistant to Ease Risk Models Management

Key facts

  • FIS has launched the Insurance Risk Suite AI Assistant, a generative AI tool that provides instant actuarial guidance

  • Delivers expert risk modeling guidance in any language, 24/7, accelerating risk response

Actuaries spend a substantial amount of their time searching for information buried in technical documentation on risk modeling. Global financial technology leader FIS® is changing that with the launch of its Insurance Risk Suite AI Assistant, a generative AI tool that instantly answers complex questions about building and maintaining risk models—in any language.

Read More on Fintech : Global Fintech Interview with Kristin Kanders, Head of Marketing & Engagement, Plynk App

As climate volatility drives unprecedented claims patterns and cyber threats reshape risk portfolios, insurers need faster, more accurate modeling to stay ahead. Traditional actuarial processes can’t keep pace with risks that evolve daily rather than quarterly.

The FIS Insurance Risk Suite AI Assistant acts as an always-available expert, eliminating hours of manual searching and helping actuaries build resilient models. The result: insurers can price policies more competitively while maintaining profitability and detect emerging risks earlier.

“Businesses need powerful modeling, risk management and reporting tools to accurately quantify their exposure and keep their money hard at work,” said J.P. James, Group President, Office of the CFO at FIS. “But as these risks become more interconnected and harder to predict, actuaries also need tools that don’t slow them down. By embedding AI assistance directly into our Insurance Risk Suite, we’re giving actuaries more time to focus on what truly matters: accurately quantifying, reporting, managing and mitigating risk.”

The solution’s intuitive interface provides real-time guidance on model operation and maintenance, making deep actuarial expertise accessible to teams of any size.

The AI assistant’s capabilities are expected to expand to include code writing and improvement, automated documentation, run descriptions and detailed explanations of calculations and errors, reflecting FIS’ commitment to unlock continuous innovation in financial technology across the money lifecycle.

Catch more Fintech Insights : When DeFi Protocols Become Self-Evolving Organisms

[To share your insights with us, please write to [email protected] ]

The post FIS Launches 24/7 AI Assistant to Ease Risk Models Management appeared first on GlobalFinTechSeries.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

U.S. Moves Grip on Crypto Regulation Intensifies

U.S. Moves Grip on Crypto Regulation Intensifies

The post U.S. Moves Grip on Crypto Regulation Intensifies appeared on BitcoinEthereumNews.com. The United States is contending with the intricacies of cryptocurrency regulation as newly enacted legislation stirs debate over centralized versus decentralized finance. The recent passage of the GENIUS Act under Bo Hines’ leadership is perceived to skew favor towards centralized entities, potentially disadvantaging decentralized innovations. Continue Reading:U.S. Moves Grip on Crypto Regulation Intensifies Source: https://en.bitcoinhaber.net/u-s-moves-grip-on-crypto-regulation-intensifies
Share
BitcoinEthereumNews2025/09/18 01:09
CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56
Trump suggests he wants to send Americans 'that don't work' to other countries

Trump suggests he wants to send Americans 'that don't work' to other countries

President Donald Trump suggested he would like to load up Americans "that don't work" in caravans and send them to other countries.At an event with so-called Angel
Share
Rawstory2026/02/24 00:07