Clearwater Analytics Partners with Aegon Asset Administration for Its Global Functions | Enterprise
3 min readLONDON–(Company WIRE)–Apr 21, 2021–
Clearwater Analytics announced today that it is employing its SaaS-dependent information management, accounting, reporting, and analytics alternative for Aegon Asset Administration (Aegon AM). Clearwater’s answer will enable Aegon AM streamline their data, expenditure accounting and reporting globally.
Aegon AM is an energetic international investor taking care of and advising on USD $475 billion of belongings for a global customer foundation, which include pension options, insurance coverage companies, banking institutions, prosperity managers, household workplaces and foundations.
“We regarded that in purchase to keep our leadership in the insurance policy asset management industry and meet up with our development ambitions, we necessary foremost-edge technology to match those people goals,” said Wouter Peters, World wide Chief Operating Officer at Aegon AM. “We chose Clearwater for its built-in view across asset courses and its regulatory reporting. This will permit us to switch various accounting and reporting programs with a person platform.”
Clearwater is the main SaaS option for financial investment data administration, reconciliation, accounting, and reporting for insurers, investment decision administrators, and other institutional buyers. Clearwater’s system, which is backed by a world consumer servicing crew, has evolved in accordance to the requires of the world’s most complex insurers, investment administrators, and organizations. Area-focused expense accounting and reporting options and experts guide purchasers and help guidebook the further progress of the program, with a lot more than 50 percent of Clearwater’s 1,300+ staff staying devoted to ongoing software program improvement. Clearwater also a short while ago declared that it is growing its operations in Europe to a lot more closely serve its European purchasers like Aegon AM. Aegon sister enterprise Transamerica selected Clearwater for boosting its investment decision facts management.
“Clearwater is a disruptor in an business dominated by legacy systems,” mentioned Gayatri Raman, Taking care of Director, EMEA and APAC at Clearwater. “The Aegon Asset Administration staff went by means of a arduous and exhaustive variety system to find a condition-of-the-art solution that will assistance them streamline and foreseeable future-evidence their operations. We are proud to be preferred by Aegon AM to provide current market-primary financial commitment remedies for its purchasers.”
About Clearwater Analytics
Clearwater Analytics is a world wide sector-top SaaS remedy for automatic investment knowledge aggregation, reconciliation, accounting, and reporting. Every single working day, the Clearwater option studies on a lot more than $5.5 trillion in property for purchasers that contain major insurers, asset administrators, and organizations – aiding them make the most of their financial investment portfolio knowledge with a world-course solution and shopper-centric servicing. Financial investment experts in 50 countries have confidence in Clearwater to produce timely, validated expenditure data and in-depth reporting. More details about Clearwater can be uncovered at www.clearwater-analytics.com, LinkedIn, and Twitter.
*About Aegon AM
Aegon Asset Management roots go again a lot more than 175 yrs. It manages and advises on assets of €364 / USD 408 billion (as of June 30, 2020) for a world-wide shopper-foundation of pension options, community cash, insurance plan firms, banking institutions, wealth professionals, relatives places of work and foundations. It is a world wide business with circa 1,200 staff performing across Europe, the Americas and Asia, investing globally even though serving purchasers locally. For more facts go to aegonam.com.
View source version on businesswire.com:https://www.businesswire.com/information/home/20210421005026/en/
Gail Marold | +1 919-229-9141 |[email protected]
Search phrase: UNITED KINGDOM EUROPE
Industry Key word: Qualified Products and services Information Administration Technology FINANCE Application ACCOUNTING
Source: Clearwater Analytics
Copyright Business enterprise Wire 2021.
PUB: 04/21/2021 05:00 AM/DISC: 04/21/2021 05:01 AM
Copyright Enterprise Wire 2021.
