Lockton has adopted RiskFirst’s real-time risk analytics platform, PFaroe, to provide clients with faster, more efficient and more comprehensive pension metrics. In an environment of increasing expense and volatility, this service will help plan sponsors better manage the risks associated with their defined benefit plans.
Devling adds: “Pension plan sponsors have been underserved when it comes to sophisticated risk analysis, especially mid-market plans. But PFaroe’s efficiency and ease of use is helping to change that. We are glad to now be able to offer our clients such powerful and innovative capabilities.”
More than 6,000 professionals at Lockton provide 50,000+ clients around the world with risk management, insurance, employee benefits consulting, and retirement services that improve their businesses. From its founding in 1966 in
RiskFirst is a financial technology business that provides intuitive, user-friendly risk analytics and reporting. Its core product PFaroe® is web-based, available anytime and anywhere, and allows users to evaluate risk from multiple perspectives and to perform real-time scenario stress testing. Initially targeted to defined benefit pension plans, it is now the market leader in the
For more information please go to www.riskfirst.com