April 25, 2024

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Clearwater Analytics Associates with Aegon Asset Administration for Its International Operations

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Aegon Asset Administration selects Clearwater’s cloud indigenous financial commitment accounting, reporting, and analytics SaaS resolution to simplify and integrate its worldwide operations

LONDON–(Small business WIRE)–
Clearwater Analytics announced currently that it is utilizing its SaaS-dependent information administration, accounting, reporting, and analytics resolution for Aegon Asset Administration (Aegon AM). Clearwater’s remedy will aid Aegon AM streamline their data, investment accounting and reporting globally.

Aegon AM is an energetic world investor taking care of and advising on USD $475 billion of assets for a worldwide customer foundation, which includes pension ideas, insurance plan businesses, banking companies, prosperity professionals, family offices and foundations.

“We regarded that in buy to keep our leadership in the insurance policies asset administration marketplace and fulfill our expansion ambitions, we desired leading-edge technological innovation to match these aims,” said Wouter Peters, World wide Main Working Officer at Aegon AM. “We selected Clearwater for its integrated check out across asset classes and its regulatory reporting. This will enable us to swap multiple accounting and reporting programs with one platform.”

Clearwater is the primary SaaS remedy for expenditure info administration, reconciliation, accounting, and reporting for insurers, expenditure administrators, and other institutional investors. Clearwater’s platform, which is backed by a worldwide shopper servicing staff, has advanced according to the wants of the world’s most innovative insurers, financial commitment professionals, and firms. Area-centered investment accounting and reporting solutions and authorities guide clients and support guidebook the even more improvement of the method, with much more than 50 percent of Clearwater’s 1,300+ workers currently being committed to ongoing software progress. Clearwater also not too long ago announced that it is increasing its operations in Europe to a lot more carefully serve its European shoppers like Aegon AM. Aegon sister enterprise Transamerica chosen Clearwater for enhancing its expenditure info management.

“Clearwater is a disruptor in an marketplace dominated by legacy systems,” mentioned Gayatri Raman, Taking care of Director, EMEA and APAC at Clearwater. “The Aegon Asset Management workforce went by a arduous and exhaustive selection course of action to come across a point out-of-the-art resolution that will enable them streamline and foreseeable future-evidence their operations. We are proud to be chosen by Aegon AM to produce industry-major investment decision solutions for its shoppers.”

About Clearwater Analytics

Clearwater Analytics is a international business-foremost SaaS alternative for automatic investment information aggregation, reconciliation, accounting, and reporting. Each individual day, the Clearwater alternative experiences on much more than $5.5 trillion in assets for purchasers that incorporate leading insurers, asset supervisors, and organizations – aiding them make the most of their expense portfolio details with a earth-course product and shopper-centric servicing. Expenditure specialists in 50 international locations have confidence in Clearwater to produce well timed, validated expense info and in-depth reporting. Added data about Clearwater can be discovered at www.clearwater-analytics.com, LinkedIn, and Twitter.

*About Aegon AM

Aegon Asset Administration roots go back much more than 175 a long time. It manages and advises on property of €364 / USD 408 billion (as of June 30, 2020) for a world-wide client-base of pension plans, community cash, insurance companies, financial institutions, prosperity managers, spouse and children workplaces and foundations. It is a worldwide business with circa 1,200 employees performing across Europe, the Americas and Asia, investing globally when serving purchasers locally. For more information go to aegonam.com.

Gail Marold | +1 919-229-9141 | [email protected]

Source: Clearwater Analytics

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