Aegon Asset Management Employs Clearwater PRISM For Enhanced Client Reporting And Business Expansion

Clearwater Analytics (NYSE: CWAN), a prominent provider of SaaS-based solutions for investment management, has announced a significant collaboration with Aegon Asset Management (Aegon AM), marking a notable development in the realm of global client reporting. Aegon AM, known for its active global investment strategies, manages assets worth EUR 305 billion. The adoption of Clearwater PRISM by Aegon AM underscores the platform's capability to enhance client experiences through efficient data aggregation and investment reporting.

Clearwater PRISM stands out as a modern, user-friendly solution designed to meet the evolving needs of asset managers. Its deployment by Aegon AM is set to revolutionize how the firm interacts with its client base, facilitating expansion and an increase in asset flows. The platform's SaaS-based nature ensures scalability and flexibility, crucial for adapting to the dynamic financial landscape.

Mike Tumilty, COO at Aegon AM, expressed enthusiasm about leveraging Clearwater PRISM for digital transformation. He highlighted the platform's ability to provide quick access to high-quality portfolio data, enabling prompt responses to client inquiries. This advancement is expected to significantly enhance the client service experience.

Sandeep Sahai, CEO of Clearwater Analytics, emphasized the value of their partnership with Aegon AM. He pointed out that Clearwater PRISM's implementation is a testament to their commitment to providing top-tier client engagement and service. The platform offers a comprehensive view across multiple portfolios, integrating data from various sources into a singular reporting solution.

About Aegon Asset Management

Aegon Asset Management is a global investor with a team of 385 investment professionals managing USD 338 billion in assets. Their client base spans across pension plans, public funds, insurance companies, banks, wealth managers, family offices, and foundations. This broad clientele reflects Aegon AM's expertise and trustworthiness in the investment management sector.

About Clearwater Analytics

Clearwater Analytics is recognized globally for its SaaS solution that automates the entire investment lifecycle. The platform supports over $7.3 trillion in assets, including both traditional and alternative asset types. It provides comprehensive services such as portfolio planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk, and order management. Clearwater's innovative approach to investment management makes it a trusted partner for insurers, asset managers, corporations, and governments worldwide.

The collaboration between Clearwater Analytics and Aegon Asset Management through the implementation of Clearwater PRISM marks a significant milestone in the use of technology to enhance investment management and client reporting processes. This partnership not only demonstrates the capabilities of Clearwater's solutions but also sets a new standard for client service in the asset management industry.