MSIG Europe has selected Clearwater Analytics to modernise its operating model, unify data across the investment lifecycle, and meet the demands of the European regulatory environment, including Belgian GAAP, IFRS and Solvency II.
MSIG is a wholly owned subsidiary of Mitsui Sumitomo Insurance and a member of the MS&AD Insurance Group.
“Clearwater gives us a single, reliable source of investment data, separate from our custodians and asset managers,” said Lise Dumont, CFO at MSIG Europe.
“It helps us keep our data clean and consistent, supports our accounting and reporting needs, and gives us the flexibility to grow and explore new investment opportunities.”