Leading Reinsurer Gains Front-, Middle- and Back-
Office Coverage with Modular, All-in-One Solution
BOISE, Idaho, and PARIS, Feb. 5,
2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a
leading provider of SaaS-based investment management, accounting,
reporting, and analytics solutions, today announced that
Paris, France based Caisse
Centrale de Réassurance (CCR), a top reinsurer, has chosen
Clearwater to power its entire
investment management processes and streamline its unlisted assets
workflow. CCR is a state-owned reinsurer that provides insurance
companies operating in France with
state-guaranteed coverage against natural disasters and other
exceptional risks in the public interest.
CCR has chosen Clearwater to
replace its legacy investment platform and streamline its operating
model. After a review of the available solutions in the market, CCR
chose Clearwater for its
successful track record and comprehensive full lifecycle coverage,
from support of trading to investment accounting. The readiness of
the Clearwater platform to support
French regulation requirements and local best practices was also a
key factor in CCR's decision.
"Clearwater meets our
operational, regulatory, and investment needs, and gives us the
capabilities to consolidate our assets, automate our processes, and
optimize our performance," said Damien Dronsart, Chief Information
Officer at CCR. "Partnering with a renowned investment management
SaaS provider will give us the robust investment management
platform to achieve our goals."
"We're thrilled to welcome Caisse Centrale de Réassurance to
Clearwater," said Emmanuel Fougeras, President of JUMP Technology
and a member of the Clearwater Analytics leadership team.
"Clearwater delivers a
comprehensive solution that goes beyond front-office and investment
accounting. CCR will benefit from a multi-asset solution across
multiple portfolios, in both traditional and alternative assets.
Our clients are adding Clearwater
to their stack and deriving tremendous strategic value from having
a sustainable, scalable management solution at their
fingertips."
Clearwater offers a modular
end-to-end solution for insurers and asset management firms seeking
complete functional coverage for their front-, middle-, and back-
office investment operations. The solution delivers a unified,
trusted full investment lifecycle to perform portfolio management,
order management, pre- and post-trade compliance, portfolio
administration, performance, data management, investment
accounting, and reporting. To learn more about Clearwater, speak to an expert today.
About CCR
CCR, a public reinsurer, offers, with the guarantee of the State
and in the general interest, coverage against natural disasters and
other exceptional risks to insurance companies operating in
France. CCR collects extensive
data on extreme risks and insured goods, modeling these risks and
sharing its knowledge with public authorities and the market for
better prevention. CCR is also responsible for the accounting and
financial management of public funds on behalf of the State.
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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