Risk Management Solutions Inc. on Friday said its real-time exposure and risk management environment, RMS(one), is now operational in a data center in Iceland.
The risk modeling firm first announced the suite of cloud-based analytic and modeling technologies in May.
“With RMS(one) running on the RMS Cloud, we are giving our customers unprecedented freedom, business agility and competitive advantage by allowing them to execute on their entire exposure and risk management strategies,” Bobby Soni, chief platform and services officer at RMS, said in a statement. “RMS(one) offers the industry's first secure, reliable and scalable computing platform coupled with big data infrastructure, which streamlines our customers' modeling, underwriting and portfolio management processes.”
To get the environment up and running, RMS teamed with Jersey City, N.J.-based high-performance computing provider Datapipe Inc. and Verne Global, the owner and operator of a 44-acre data center campus in Keflavík, Iceland.
“Datapipe's Stratosphere HPC green cloud platform delivers on-demand scalability combined with the power efficiencies of the Verne Global facility,” Datapipe CEO Robb Allen said in the statement. “As a result, RMS has an infrastructure solution providing the reliability, security, and efficiency required by high performance, big data applications.”