‘M&G Investments Partners with Clearwater Analytics for Third-Party Insurance Business Enhancement’

M&G Investments, a prominent international asset manager and part of M&G plc, has chosen Clearwater Analytics as its SaaS-based investment accounting solution. Clearwater Analytics, a global provider of investment management, accounting, reporting, and analytics solutions, will support M&G’s insurance clients by automating investment management and regulatory reporting.

Through Clearwater’s platform, M&G’s insurance clients will gain access to a white-labeled version of the system, allowing them to use an M&G web portal and Clearwater PRISM for monthly report generation. This automated investment reporting system will provide clients with a comprehensive view of their investments, helping them meet complex accounting requirements efficiently and accurately.

Russell Lee, M&G’s Head of Insurance Solutions, highlighted the importance of providing innovative solutions to address the evolving regulatory landscape in insurance. The partnership with Clearwater will not only enhance M&G’s international market presence but also offer clients access to M&G’s expertise in public and private markets investing.

Keith Viverito, General Manager of EMEA and APAC at Clearwater Analytics, emphasized the platform’s commitment to delivering top-notch investment accounting and reporting solutions to asset managers and insurers. M&G’s insurance clients will benefit from a consolidated view of their portfolio investments and the flexibility to address unique reporting challenges across various regulatory regimes using modern technology and workflows.

Clearwater PRISM, the client reporting platform used by asset managers, offers a comprehensive view of portfolios spanning multiple platforms. It allows firms to consolidate information from different sources for a unified client reporting solution. The collaboration between Clearwater Analytics and M&G Investments is expected to transform the technology supporting M&G’s insurance solutions group, providing clients with the exceptional service they require.