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WINDSOR, Conn., March 17, 2021 /PRNewswire/ SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the launch of SS&C Algorithmics Scenarios-as-a-Service (ScaaS), a subscription-based risk scenario and simulation service. Using innovative financial risk modeling and the latest global datasets, ScaaS provides stress testing scenarios on macroeconomic factors. The first scenario in the series focuses on the impact of pandemics such as COVID-19.
Using machine learning, advanced financial risk modeling and innovative stress-testing methodology, ScaaS pandemic risk service delivers specialized stress-tests over one, five, and ten-day periods to help organizations make decisions in a dynamic market. The pandemic scenario links epidemiological Susceptible, Infected, Recovered and Death (SIRD) factors to major global indices across North America, Europe and Asia, and can expand to include other macroeconomic data analytics.