Clearwater Analytics announced that it is implementing its cloud-based investment data management and reporting solution for Transamerica. Clearwater’s automated platform will help the financial services company manage investment data aggregation, reconciliation, accounting, and reporting. The company says it is part of its efforts to drive innovation and efficiency while eliminating the need for in-house resource commitment to IT maintenance and support of portfolio data consolidation and reconciliation. It also reduces the IT infrastructure needed for maintenance and day-to-day functioning of its previous on-premises investment accounting system.
Source: https://www.helpnetsecurity.com/2021/03/03/clearwater-transamerica/