Insurtech Eye — Insurance Technology News

FIS Dominates 2026 Risk Technology Awards with AI-Embedded Actuarial Modeling and Cloud Innovation

14 July 2026

Press Release: FIS Dominates 2026 Risk Technology Awards with AI-Embedded Actuarial Modeling and Cloud Innovation | Featured Image by FF News

Quick Summary

FIS has secured top honors at the 2026 Risk Technology Awards and InsuranceERM Americas Awards for its risk technology innovations. By embedding AI into actuarial workflows and utilizing cloud-native architectures, FIS enables financial institutions to automate regulatory reporting and scale computing power on demand for complex stress testing.

How Does FIS Risk Technology Improve Operational Agility?

Traditional risk management platforms often force institutions to endure disruptive upgrade cycles that drain internal resources. FIS Enterprise Risk Suite solves this by utilizing a cloud-native architecture built on containerized microservices. This infrastructure allows for continuous delivery of updates, meaning firms always operate on the latest version without manual intervention.

  • Eliminates upgrade projects through automated version control.
  • Reduces operational costs by using burst computing for peak periods.
  • Ensures regulatory compliance with real-time analytical depth.

By moving away from legacy systems, risk professionals can focus on managing capital protection rather than troubleshooting software. The platform's ability to scale capacity on demand ensures that regulatory reporting peaks are handled efficiently without over-provisioning hardware.

What Role Does AI Play in Actuarial Modeling?

In the insurance sector, risk technology must go beyond simple calculations to address workflow inefficiencies. FIS Insurance Risk Suite – Prophet embeds an AI Assistant directly into the actuarial environment. This tool provides expert guidance on modeling and maintenance in multiple languages, reducing the reliance on a limited pool of internal specialists.

  • Embedded AI Assistant provides real-time workflow support.
  • Automated documentation search reduces manual research time.
  • Explainable AI logic helps actuaries satisfy strict regulatory requirements.

This approach ensures that risk technology is not just a bolt-on feature but a core component of the actuarial modeling process. By providing explainable and scalable insights, FIS helps insurers navigate the consequences of complex financial decisions with greater confidence.

How Does FIS Support Global Financial Stability?

As a recognized category leader in the Chartis Enterprise Market Risk quadrants, FIS provides the infrastructure that underpins the global money lifecycle. Their risk technology solutions are designed to help banks and asset managers allocate capital effectively while meeting the transparency demands of investors and regulators.

"Risk teams are continually being asked to do more stress tests, more regulatory reporting and provide more real-time insight with the same or fewer resources. These awards recognize that we've approached that problem not by layering features onto legacy platforms, but by rebuilding the infrastructure from the ground up. FIS delivers tools that allow risk professionals to spend less time wrestling with technology and more time managing risk, satisfying regulators, and giving their organizations the confidence to make better decisions." said Andrés Choussy, President, Capital Markets at FIS.

FF NEWS TAKE:

This double-award win for FIS underscores a critical shift in the industry: risk technology is no longer about the biggest engine, but the smartest integration. By embedding AI directly into the actuarial workflow and moving to a containerized cloud model, FIS is effectively killing the 'legacy upgrade' headache. This moves the needle by proving that enterprise-grade risk management can be as agile as a fintech startup while maintaining the rigor required by global regulators.

Companies in this story: Chartis, FIS, InsuranceERM

People in this story: Andrés Choussy, Melanie Hesketh, Nicole Alley