Regulatory approval has been granted by UK’s Financial Conduct Authority (FCA) enabling the trade reporting service TRADEcho to enter the final phases of preparation for MiFID II. The TRADEcho service is provided in partnership between Cinnober’s subsidiary Boat Services Ltd and the London Stock Exchange Group.
Boat Oasis, a Multi-Peril Catastrophe (Cat) Risk Modelling Platform for the (re)insurance industry, brought to market by Boat Services in January 2017 has added new risk models, increasing customer attraction.
On the 20th of July 2017, Boat Services announced the availability of TigerEye on Boat Oasis, the multi-peril cat risk modelling platform. Boat Oasis works with independent model providers, including ARA, COMBUS and CATRisk Solutions, to provide an independent, transparent and secure platform for (re)insurers to consume models.