M&G Investments, a leading international asset manager, has selected Clearwater Analytics as its SaaS-based investment accounting solution for comprehensive investment accounting and reporting.
The Clearwater platform will automate investment management and regulatory reporting and support the complex needs of M&G’s global insurance clients.
With a white-labeled version of Clearwater’s platform, M&G’s insurance clients will have access to an M&G web portal and rely on Clearwater PRISM for monthly report generation. This automated investment reporting system will provide clients with a complete view of their investments and enable them to meet complex multi-basis accounting requirements.
Additionally, Clearwater will streamline the delivery of monthly investment board packages created by M&G, enhancing the process with greater efficiency, timeliness and accuracy.
“As insurers face increasingly complex challenges in managing their investment portfolios, we recognise the importance of providing robust, innovative technical solutions that keep pace with evolving regulatory change,” said Russell Lee, M&G’s Head of Insurance Solutions.
“Clearwater’s enhanced capabilities will also allow us to expand our Insurance Solutions footprint in international markets experiencing strong growth in insurance and reinsurance, while also providing clients with greater access to M&G’s compelling public and private markets investment expertise. Clearwater will be a valuable partner in enabling us to provide our clients with the exceptional service they require.”