Dublin, 11 December 2017

Financial Risk Solutions (FRS), a Dublin-based provider of unit-linked investment administration and compliance oversight software, is pleased to announce they have won ‘Technology Firm of the Year’ at the inaugural Insurance Asset Management Awards.

Award Recipients

The awards celebrate excellence in the UK and European investment industry and have been designed to recognise outstanding achievements in the UK and European insurance investment space among;

  • insurance companies
  • providers
  • individuals

The award winners were determined by an independent judging panel and announced at the Gala Dinner at the Millennium Hotel, London Mayfair. Judges included;

  • Adam Cadle (Chair of judges), Editor, Insurance Asset Management Europe
  • Matthew Connell, Director of Policy and Public Relations, Chartered Insurance Institute
  • John Keating, Director, Aon Risk Solutions
  • Bruce Porteous, Investment Director, Insurance Solutions, Standard Life Investments
  • Hugh Savill, Director of Regulation, Association of British Insurers
  • Deepak Seeburrun, Head of Insurance EMEA, HSBC Global Asset Management

Chief Marketing Officer at FRS, Frank Carr said; “It’s fantastic to receive this recognition from the Insurance Asset Management Awards, and rounds off an exceptional year for Financial Risk Solutions. The ongoing success of the business is underpinned by our commitment to technological innovation and our reputation for market-leading software solutions”. He went on to say, “Our Invest|ProTM fund administration software enables automated processes and oversight, controlled by comprehensive rules and exception reporting. This is extremely valuable for many life assurance companies and asset managers today in assisting them with their increasing administration, reporting and compliance demands while supporting their growth objectives.” In 2017, Financial Risk Solutions has also been shortlisted for the following awards;

  • Technology Ireland’s Software Industry Awards – ‘Digital Innovation, UK & Ireland’
  • The Life Insurance International Awards – ‘Outstanding Acheivement in International Growth’


About Financial Risk Solutions (FRS) Founded in 1999 by actuaries and IT specialists, Financial Risk Solutions Ltd (FRS) is a leading provider of unit pricing, investment administration, asset reporting and compliance oversight software specifically designed for the Life Assurance and Asset Management industries. FRS offer a proven range of modular, intuitive technology solutions which allow customers to pro-actively monitor and administer investments as well as mitigate risk by continually monitoring breaches and exceptions to critical investment processes. These solutions include:

InvestPro™ securely automates multiple complex fund administration processes within a single application. InvestPro™ unit-pricing and investment administration software is scalable, modular and flexible.

InvestGRC™ empowers insurers and asset managers to meet Pillar III asset reporting standards in the Solvency II world via a single, analytics-driven database, combining data from internal and external sources.

InvestOPS™ automates the validation of operational activity performed by outsourcing partners, enabling firms to supervise outsourced functions, data and to manage the associated risks. For more information visit www.frsltd.com or follow FRS on LinkedIn.

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