Property and casualty re/insurer AXA XL’s alternative capital team has selected Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, to provide strategic support for a portion of its investment portfolio.
Clearwater’s solution will provide AXA XL with timely, accurate, and comprehensive investment accounting and reporting.
It was selected as the reinsurer believes it has the ability to meet their complex accounting book of record as well as regulatory requirements, including customised general ledger entries.
Keith Viverito, General Manager of EMEA and APAC at Clearwater Analytics, commented: “We’re incredibly excited to welcome AXA XL as a Clearwater client. Our mission is to deliver cutting-edge solutions that radically simplify investment management and accounting workflows and reporting.
“Our solutions provide our clients with best-in-class investment analytics and a single source of truth for their investment portfolios across all asset classes. These solutions help them achieve their strategic growth and investment objectives and navigate a constantly evolving regulatory landscape.”
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