Clearwater Analytics Associates with Aegon Asset Management for Its International Functions | Company

LONDON–(Enterprise WIRE)–Apr 21, 2021–

Clearwater Analytics declared currently that it is employing its SaaS-centered facts administration, accounting, reporting, and analytics solution for Aegon Asset Management (Aegon AM). Clearwater’s remedy will enable Aegon AM streamline their info, expenditure accounting and reporting globally.

Aegon AM is an active worldwide investor handling and advising on USD $475 billion of belongings for a worldwide shopper base, which include pension plans, insurance corporations, banking institutions, wealth managers, relatives offices and foundations.

“We identified that in order to retain our management in the insurance coverage asset management sector and satisfy our development ambitions, we needed top-edge technological know-how to match people goals,” explained Wouter Peters, World wide Chief Operating Officer at Aegon AM. “We chose Clearwater for its integrated perspective throughout asset classes and its regulatory reporting. This will empower us to change a number of accounting and reporting systems with one particular system.”

Clearwater is the primary SaaS remedy for investment details management, reconciliation, accounting, and reporting for insurers, investment managers, and other institutional traders. Clearwater’s system, which is backed by a worldwide customer servicing staff, has evolved in accordance to the desires of the world’s most innovative insurers, investment decision supervisors, and firms. Location-concentrated expenditure accounting and reporting options and gurus help consumers and support manual the even further enhancement of the process, with much more than half of Clearwater’s 1,300+ staff members being devoted to ongoing software program enhancement. Clearwater also just lately declared that it is increasing its functions in Europe to more closely provide its European shoppers like Aegon AM. Aegon sister enterprise Transamerica selected Clearwater for enhancing its investment decision knowledge management.

“Clearwater is a disruptor in an market dominated by legacy technologies,” said Gayatri Raman, Taking care of Director, EMEA and APAC at Clearwater. “The Aegon Asset Administration group went by means of a rigorous and exhaustive assortment system to locate a state-of-the-art answer that will enable them streamline and long run-evidence their operations. We are very pleased to be selected by Aegon AM to provide market place-leading investment decision methods for its clients.”

About Clearwater Analytics

Clearwater Analytics is a international sector-leading SaaS option for automated expenditure details aggregation, reconciliation, accounting, and reporting. Just about every working day, the Clearwater solution reviews on extra than $5.5 trillion in property for purchasers that include foremost insurers, asset managers, and organizations – encouraging them make the most of their expense portfolio facts with a entire world-course merchandise and consumer-centric servicing. Financial investment industry experts in 50 international locations belief Clearwater to produce well timed, validated investment data and in-depth reporting. Further data about Clearwater can be observed at www.clearwater-analytics.com, LinkedIn, and Twitter.

*About Aegon AM

Aegon Asset Management roots go back again far more than 175 years. It manages and advises on assets of €364 / USD 408 billion (as of June 30, 2020) for a global shopper-foundation of pension ideas, general public resources, coverage companies, financial institutions, wealth administrators, loved ones workplaces and foundations. It is a worldwide small business with circa 1,200 workers working throughout Europe, the Americas and Asia, investing globally while serving clients regionally. For extra data go to aegonam.com.

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

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PUB: 04/21/2021 05:00 AM/DISC: 04/21/2021 05:01 AM

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Copyright Small business Wire 2021.