Clearwater Analytics Partners with Aegon Asset Management for Its World wide Operations | Technological know-how

LONDON–(Company WIRE)–Apr 21, 2021– Clearwater Analytics announced right now that it is implementing its SaaS-based

LONDON–(Company WIRE)–Apr 21, 2021–

Clearwater Analytics announced right now that it is implementing its SaaS-based mostly knowledge administration, accounting, reporting, and analytics answer for Aegon Asset Management (Aegon AM). Clearwater’s alternative will enable Aegon AM streamline their details, financial investment accounting and reporting globally.

Aegon AM is an lively world-wide investor running and advising on USD $475 billion of belongings for a worldwide shopper base, including pension strategies, insurance policies corporations, banks, wealth professionals, household offices and foundations.

“We recognized that in purchase to retain our leadership in the insurance policy asset management market and meet our progress ambitions, we needed primary-edge technologies to match individuals aims,” explained Wouter Peters, International Chief Working Officer at Aegon AM. “We selected Clearwater for its built-in look at across asset classes and its regulatory reporting. This will permit us to change various accounting and reporting methods with 1 system.”

Clearwater is the main SaaS option for financial investment data administration, reconciliation, accounting, and reporting for insurers, expense professionals, and other institutional traders. Clearwater’s platform, which is backed by a global consumer servicing staff, has progressed in accordance to the needs of the world’s most sophisticated insurers, expenditure professionals, and firms. Area-focused financial commitment accounting and reporting remedies and industry experts assist customers and aid guide the even further advancement of the program, with extra than half of Clearwater’s 1,300+ staff being dedicated to ongoing program enhancement. Clearwater also recently introduced that it is increasing its functions in Europe to far more closely provide its European customers like Aegon AM. Aegon sister organization Transamerica chosen Clearwater for boosting its investment decision info administration.

“Clearwater is a disruptor in an market dominated by legacy systems,” reported Gayatri Raman, Running Director, EMEA and APAC at Clearwater. “The Aegon Asset Administration team went by a demanding and exhaustive assortment system to come across a condition-of-the-art alternative that will assistance them streamline and long term-proof their functions. We are very pleased to be preferred by Aegon AM to produce market place-primary financial commitment options for its clients.”

About Clearwater Analytics

Clearwater Analytics is a world marketplace-leading SaaS option for automated financial investment data aggregation, reconciliation, accounting, and reporting. Each working day, the Clearwater alternative studies on a lot more than $5.5 trillion in belongings for clients that incorporate major insurers, asset professionals, and corporations – assisting them make the most of their investment portfolio information with a entire world-class solution and shopper-centric servicing. Expense specialists in 50 nations have faith in Clearwater to produce timely, validated financial investment knowledge and in-depth reporting. Added data about Clearwater can be observed at www.clearwater-analytics.com, LinkedIn, and Twitter.

*About Aegon AM

Aegon Asset Administration roots go again much more than 175 yrs. It manages and advises on property of €364 / USD 408 billion (as of June 30, 2020) for a worldwide customer-foundation of pension options, public money, insurance firms, banking companies, prosperity supervisors, spouse and children workplaces and foundations. It is a worldwide small business with circa 1,200 workers operating across Europe, the Americas and Asia, investing globally when serving customers domestically. For extra info go to aegonam.com.

Look at supply variation on businesswire.com:https://www.businesswire.com/information/residence/20210421005026/en/

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

Keyword: UNITED KINGDOM EUROPE

Business Keyword: Professional Companies Information Management Technology FINANCE Software package ACCOUNTING

Resource: Clearwater Analytics

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

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