Ontario Municipal Employees Retirement System (OMERS) strengthens its ALM Modeling capabilities with Ortec Finance

Rotterdam, Netherlands - 14 June 2013

Ortec Finance, a global provider of technology and advisory services for risk and return management, announced today that OMERS, one of the largest pension plans in Canada, has signed an agreement to license and implement its Asset/Liability Management (ALM) software for pension plans. The ALM modeling software enhances OMERS ability to review and assess its asset mix in terms of its pension liability structure and current and future possible investment and economic environments. The selection of Ortec Finance was made after a thorough search and evaluation process.

”One of the key factors in selecting Ortec Finance was their experience in supporting organizations like ours in advanced asset/liability management,” said Graham Pugh, Vice President, Investment Risk Management of OMERS.
“We are extremely delighted and proud to have such a prestigious and reputable institution as OMERS among our valued and long-standing partners worldwide,” said Fred Heemskerk, Head of Global Markets at Ortec Finance. “This decision reaffirms that our ALM modeling solution and expertise is well suited to cater to the increasing demands of Canadian pension plans to manage their balance sheet risk in an advanced way”.

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