RemitRix

What RemitRix does

RemitRix is an Israel-based SaaS company that provides an AI-driven financial risk management platform targeted at insurance companies, actuarial teams, and financial institutions. Founded in 2017 and headquartered in Ramat Gan, the company builds cloud-native tools that address Solvency II regulatory compliance, asset-liability management (ALM), economic scenario generation, value-at-risk, pricing, and forward-looking capital projection for insurers operating in European and adjacent markets.

The platform is organized into four integrated modules. Edge provides the foundational risk toolkit — an economic scenario generator, VaR with back-testing, ALM reports with duration and IRR gap analysis, liquidity/cash flow tools, performance indicators, and market data across more than 15,000 risk factors. Edge+ extends Edge with a full Solvency II Standard Model implementation, including BSCR sub-module matrix calculation, Smith-Wilson curve fitting, symmetric adjustment, counterparty risk, QRT reporting, and economic balance sheet management. Horizon delivers stochastic and machine-learning-driven actuarial modeling for life and non-life business, a constraint-based Portfolio Optimizer, a sandbox environment, and a seven-agent Investment Committee workflow with automated IC packs. Remi is the company's autonomous AI risk professional — an agent that connects the underlying modules and handles portfolio explanations, scenario design, solvency narratives, pricing, market intelligence queries, IC committee preparation, and email and meeting interactions within regulatory guardrails.

RemitRix monetizes through quote-based annual subscriptions delivered via direct enterprise sales, with personalized 45-minute demos as the primary commercial engagement and 24/7 emergency support for enterprise clients. The company's go-to-market is enterprise field sales targeting insurance chief risk officers, chief actuaries, and ALM teams, primarily in Israel and increasingly across Eastern Europe and EMEA. Pricing is not publicly disclosed, and the company is privately held with no reported revenue, no disclosed institutional investors, and a small management team of CEO, CTO, Chief Actuarial Officer, and a regional VP of Sales.

Name

RemitRix

Legal name

RemitRix

Website

https://remitrix.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

RemitRix is an Israel-based SaaS company that provides an AI-driven financial risk management platform for insurance companies, actuarial teams, and financial institutions, combining Solvency II compliance, ALM, scenario generation, and an autonomous AI risk agent called Remi.

Ownership category

akta.pro rank

Product category

Financial Risk Management Software

NAICS

Portfolio Management and Investment Advice (523940), Finance and Insurance (52)

SIC

Investment Advice (6282), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Model Portfolio & Portfolio Construction Engines (FSAGAEAD)

akta.pro secondary industry

Enterprise Performance Management (EPM) & FP&A Platforms (HDAEAEAK)

Keywords

• Financial risk management
• Actuarial modeling software
• Solvency II compliance
• AI risk analytics
• Asset liability management

Headquarters

HQ city

Ramat Gan

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Software Subscriptions: Cloud-hosted SaaS platform with subscription-based pricing model. Enterprise tier includes 24/7 emergency support via dedicated channels. No installation or maintenance required from customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

RemitRix sells a cloud-native, AI-driven financial risk management SaaS platform for insurance companies, actuarial teams, and financial institutions. The platform combines Edge (ALM, VaR, ESG, market data), Edge+ (Solvency II standard model and capital projection), Horizon (stochastic/ML actuarial modeling, portfolio optimization, IC workflow, credit intelligence), and Remi, an autonomous AI risk professional that ties the modules together through natural-language analysis, reporting, and regulatory-compliant workflows.

Product overview

RemitRix is an AI-powered financial risk management platform consisting of four integrated modules: Edge, Edge+, Horizon, and Remi (AI Co-Pilot). Edge is the foundational ALM and risk module covering economic scenarios, VaR, liquidity, performance, and market data. Edge+ extends the platform with advanced Solvency II capabilities — full standard model SCR calculations, economic balance sheet management, QRT reporting, and capital projection. Horizon provides forward-looking actuarial projection for life and non-life business, plus an AI-driven investment management suite including Portfolio Optimizer, Investment Committee Agents, and Credit Intelligence. Remi serves as the autonomous intelligence layer across all modules — a fully autonomous AI risk professional that connects all RemitRix modules into one unified risk workflow, answering questions via email, attending meetings, generating reports, and driving decisions autonomously with full regulatory compliance and audit trails.

Differentiator

Problem solved

Functional benefit

Products and services

• Remi (AI Co-Pilot)

Quantifiable outcome

• Workflow reduction from weeks to days for solvency and risk management reporting
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability12 records

Feature10 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Moody's Analytics: Risk management and regulatory reporting suite for insurers, including Solvency II, ALM, and economic scenario generation. Overlaps with RemitRix's Edge, Edge+, and Horizon modules but operates as a broad enterprise risk platform with deeper regulatory and customer footprint.
• S&P Global Market Intelligence: Provides credit intelligence, ratings-driven analytics, and risk data feeds for insurers. Comparable to RemitRix's Credit Intelligence and Market Intelligence modules within a much larger data and analytics suite.
• MSCI (RiskMetrics / Barra): Market and credit risk analytics, VaR, and portfolio risk models used by asset managers and insurers. Comparable to RemitRix's Edge VaR and market data modules as part of a much broader risk and index franchise.
• Finastra: Large fintech software provider with treasury, risk, and analytics offerings used by financial institutions. Comparable to RemitRix in financial-institution risk tooling but operates as a broad incumbent across lending, treasury, and capital markets.
• Wolters Kluwer (OneSumX for Regulatory Reporting): Provides Solvency II and regulatory reporting solutions for insurance carriers, including QRT and standard-formula SCR calculations. Directly competes with RemitRix's Edge+ standard model but serves a wider insurer compliance portfolio.

Emerging players

• Cytora: AI-powered risk and underwriting workflow platform for commercial insurers. Shares RemitRix's AI-first positioning within insurance workflows but focuses on underwriting intake rather than enterprise risk and Solvency II.
• Provenir: AI-based risk analytics and decisioning platform for financial services including insurance. Comparable in its AI-first risk decisioning approach to RemitRix, though broader across lending and insurance rather than deep in Solvency II.

Direct peers

• hyperexponential: AI-powered pricing and underwriting decision platform for insurers, combining actuarial modeling with portfolio optimization. Closely mirrors RemitRix's Horizon actuarial modeling and Portfolio Optimizer functionality for specialty and P&C insurers.
• Atidot: AI and predictive analytics SaaS for life insurers, including capital projection and SFCR-style reporting. Directly comparable to RemitRix's Horizon stochastic modeling and capital projection modules serving a similar life-insurance buyer persona.
• Akur8: AI-driven insurance pricing platform built on transparent machine learning models for actuaries. Overlaps with RemitRix's Pricing module and Horizon actuarial workflows but focuses specifically on pricing rather than full enterprise risk management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/build-relation/newsletter-follow?entityUrn=7426652110987116544
• Xx.com/RemitRix1
• Facebookfacebook.com/RemitRix1

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds5 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RemitRix