Pool Re, a government-backed terrorism reinsurer based in the U.K., needs to facilitate greater transparency and strategic decision-making and reports that it will be moving to investment accounting and reporting solutions from Clearwater Analytics that are provided on a software-as-a-service (SaaS) basis, officials say. Pool Re, which has funds of £7.0 billion ($9.075 billion), will… Read More >>
France Active Scraps Spreadsheets & Manual Ops via Clearwater
French venture capital firm France Active has moved away from spreadsheets and manual processes and will automate its investment accounting operations as well as centralize its accounting book of record via a Clearwater Analytics platform. Based in Montreuil, France, France Active, founded in 1988, is a nonprofit that invests in “socially committed” French companies such… Read More >>
Clearwater Solution Targets Mortgage Loan Investors
Clearwater Analytics says its latest offering is addressing the needs of investors who need access to “essential data for mortgage loan investments.” The provider of investment management, accounting, reporting, and analytics solutions — offered on a software as a service (SaaS) basis — is launching Clearwater MLx, described as “an all-in-one solution for mortgage loan… Read More >>
BNP Paribas & Clearwater Partnership Yields Combined Services
Custodian BNP Paribas Securities Services and service provider Clearwater Analytics have formed a partnership that is targeting asset owners by combining custody services with investment accounting support from Clearwater, officials say. The gain for potential clients of both is that BNPPSS and Clearwater have coupled their offerings to ensure a preconfigured set-up for all the… Read More >>
FIS to Invest $150M in FinTech Startups
FIS Ventures to Fund ‘Flutterwave’ Financial technology specialist vendor FIS reports that its new “corporate venture investment division” FIS Ventures has launched “an effort to invest a target of $150 million in promising fintech startups over the next three years.” The first FIS Ventures investment is in Flutterwave, a Lagos, Nigeria and San Francisco-based… Read More >>
