NFU Mutual (NFUM) has selected Bloomberg Buy-side Solutions together with Clearwater Analytics to modernise its investment operating model.
Bloomberg will provide portfolio management, trading, pre-trade compliance and trade operations - including workflows to support T+1 settlement readiness - while Clearwater will provide investment operations and investment accounting, with Bloomberg and Clearwater jointly supporting the client's regulatory reporting requirements.
"By adopting Bloomberg and Clearwater's integrated solutions, we are building an automated and highly flexible end-to-end operating model that strengthens our control environment, streamlines processes and builds a solid data foundation for our investment reporting," said Nigel Bryan, head of financial control at NFU Mutual.
"The solution automates key workflows across the investment lifecycle, from order generation and execution through matching, settlement and post-trade processing. Bloomberg's post-trade regulatory, risk and compliance solutions further streamline operations while strengthening our transaction reporting capabilities."
