Interactive Data, GGY Integrate Valuation Tools

The move is in response to firms increasing both the number of scenarios they use to value portfolios of life insurance policies and the frequency that they run those scenarios in light of recent market volatility, which has made the process more complex and time-consuming.

"Running 5,000 scenarios over half a million policies could take 100 days-no-one can afford to take that long," says Phil Gold, founding partner and vice president of research and development at GGY. "We're moving away fro