Clearwater's
Best-in-Class SaaS Solution Simplifies Investment Accounting
Management for Leading French Asset Manager
BOISE,
Idaho and PARIS,
Oct. 18,
2023 /PRNewswire/ -- Clearwater Analytics (NYSE:
CWAN), a leading provider of SaaS-based investment management,
accounting, reporting, and analytics solutions, today announced
that Ofi Invest Asset Management, part of Ofi Invest Group and
France's fifth-largest asset
management group with more than €187 billion under management, has
chosen Clearwater's platform to
power its investment accounting management, reporting, and
services.
Distinctive in the French asset management market, Ofi Invest
Asset Management offers its institutional and insurance clients the
service of managing their investment accounting function across
their entire portfolios. In this context, Ofi Invest Asset
Management has chosen Clearwater Analytics to automate the
aggregation, reconciliation, and validation of the firm's
investment data across all asset classes. The Clearwater platform will also give end users a
daily view of portfolio data for accurate investment accounting and
regulatory reporting purposes.
Hugues Bernard, Head of
Technology and Transformation at Ofi Invest Asset Management,
underscored the value of the collaboration, stating, "Many of our
clients benefit from our investment accounting offering as an
enhancement to their management mandate. We chose Clearwater because we wanted to offer our
clients the most powerful software on the market that also provides
the best user experience."
"Clearwater is delighted to be
supporting asset management leaders, including Ofi Invest Asset
Management, with their investment accounting, reporting, and
operational needs," said Thomas van Cauwelaert, Region Head,
France, Belgium and Luxembourg at Clearwater Analytics. "Our
clients gain a consolidated view of their portfolio investments and
direct access to a high-touch client team devoted to providing
world-class support. With timely, accurate views of their
investment data, our clients make smart capital allocation and
portfolio decisions, effectively manage risk, and easily drive
growth. Ofi Invest Asset Management joins the ranks of our growing
French client base and further broadening the relevance and impact
of our solution across Europe."
To learn more about Clearwater Analytics, speak to an expert
today.
About Ofi Invest Asset Management
Investing in companies that create sustainable value for
everyone - that's one way to give the future a new dimension. Ofi
Invest Asset Management is a company of Ofi Invest Group, which in
turn, is a member of Aéma Groupe (Macif, Abeille Assurances and
AÉSIO mutuelle).
Total consolidated assets managed under the new Ofi Invest Asset
Management brand came to €163.5 billion euros as of the end of
June 2023 - assets managed on behalf
of institutional, professional, and individual clients, both French
and international.
Through its closely held convictions as a responsible and
engaged investor, Ofi Invest Asset Management offers a broad range
of responsible investment strategies in all listed asset classes,
allowing its clients to use their investments to finance the
development of a virtuous economy that is a source of opportunities
and performance.
By bringing together the capabilities of Ofi Invest group's
asset management companies (the fifth-largest French asset
manager(1), Ofi Invest Asset Management provides access
to a broad range of investment solutions in both listed and
non-listed assets, extensive experience in bespoke asset
management, and services adapted to various investor types, all of
which make this new player a first-tier choice in managing your
assets. Visit: www.ofi-invest-am.com
(1) Source: Financial communications of the entities
concerned, as of 12/31/2022
About Clearwater Analytics
Clearwater Analytics (NYSE: CWAN), a global, industry-leading
SaaS solution, automates the entire investment lifecycle. With a
single instance, multi-tenant architecture, Clearwater offers award-winning investment
portfolio planning, performance reporting, data aggregation,
reconciliation, accounting, compliance, risk, and order management.
Each day, leading insurers, asset managers, corporations, and
governments use Clearwater's
trusted data to drive efficient, scalable investing on more than
$6.4 trillion in assets spanning
traditional and alternative asset types. Additional information
about Clearwater can be found at
clearwateranalytics.com.
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SOURCE Clearwater Analytics