Clearwater Analytics, a global All-in-One solution provider, has announced a partnership with Caisse Centrale de Réassurance (CCR), a leading French state-owned reinsurer. CCR has chosen to implement the Clearwater Analytics platform to power all of its asset management processes and streamline its workflow for unlisted assets and CCR replaces its existing investment platform with Clearwater due to its comprehensive coverage and successful performance in trading support and investment administration.
Clearwater’s modular end-to-end solution covers front-, middle-, and back-office activities, providing a unified, reliable full investment cycle for portfolio management, order management, pre- and post-trade compliance, performance, data management, and reporting. CCR chose Clearwater due to its all-encompassing suitability for French regulatory requirements and local best practices.
Damien Dronsart, Chief Information Officer at CCR, expressed, “Clearwater meets our operational, regulatory, and investment needs and allows us to consolidate our assets, automate our processes, and optimize our performance. Partnering with a renowned asset management SaaS provider gives us the robust investment management platform to achieve our goals.”
Emmanuel Fougeras, President of JUMP Technology and member of the Clearwater Analytics management team, welcomed CCR to the Clearwater community, highlighting that CCR will benefit from a multi-asset solution for multiple portfolios, covering both traditional and alternative assets.
According to Clearwater, its solution has a single-instance, multi-tenant architecture serves as an award-winning solution for one-time planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk, and order management while addressing the needs of professional investors, insurers, asset managers, companies, and sovereign entities and governments.
As a public reinsurer, CCR provides cover against natural disasters and other exceptional risks in the public interest. CCR collects extensive data on extreme risks and insured goods, models these risks, and shares its knowledge with the government and the market with a view to better prevention. CCR is also responsible for the accounting and financial management of public funds on behalf of the State.
Clearwater Analytics, a global SaaS solution provider, automates the entire investment cycle, serving its trusted financial data to more than $6.4 trillion in assets across traditional and alternative classes.
By partnering with Clearwater, CCR is streamlining its asset and investment management processes, accelerating automation, and ensuring regulatory compliance.
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