MSIG Europe Taps Clearwater Analytics to Modernize Investment Operations and Regulatory Reporting

Quick Summary

MSIG Europe has selected Clearwater Analytics to modernize its investment operations, unifying data across the investment lifecycle. This partnership enables MSIG Europe to automate complex regulatory reporting for Solvency II, IFRS, and Belgian GAAP while providing a single, reconciled source of truth for its global portfolio management.

How Does Clearwater Analytics Modernize Investment Operations for Insurers?

Clearwater Analytics provides a natively agentic investment management platform that replaces fragmented legacy systems with a single source of truth. By consolidating data from various custodians and asset managers, the platform ensures that investment operations are handled with daily accuracy and automated reconciliation. This is particularly critical as European insurers increase their allocations to private markets, which often require more complex data handling than traditional assets.

• Elimination of fragmented legacy systems through a unified cloud-based platform.
• Provision of daily reconciled data independent of external asset managers.
• Scalable infrastructure to support strategic business growth and new asset classes.

What Regulatory Challenges Does This Partnership Address?

Navigating the European regulatory environment requires precise reporting capabilities that many older systems cannot provide. MSIG Europe will leverage Clearwater to meet the rigorous demands of Solvency II, IFRS, and Belgian GAAP. By automating these workflows, the firm reduces the risk of manual errors and ensures compliance automation at scale, allowing finance teams to focus on high-value strategic priorities rather than manual data entry.

• Automated reporting for Solvency II compliance.
• Support for multi-basis accounting including Belgian GAAP and IFRS.
• Integrated analytics for real-time risk management and oversight.

“Clearwater gives us a single, reliable source of investment data, separate from our custodians and asset managers,” said Lise Lombard Dumont, CFO at MSIG Europe. “It helps us keep our data clean and consistent, supports our accounting and reporting needs, and gives us the flexibility to grow and explore new investment opportunities.”

How Does This Move Benefit the MS&AD Insurance Group?

The selection by MSIG Europe extends a successful global relationship between Clearwater Analytics and the broader MS&AD Insurance Group. With business units in Asia already utilizing the platform, this expansion creates a unified global view of the group’s assets. This consistency across regions allows for better global portfolio oversight and ensures that investment data remains clean and actionable across the entire organization.

“MSIG Europe is operating in one of the most complex regulatory environments in the world, and that complexity requires a modern investment platform built for accuracy, control, and scale,” said Keith Viverito, Managing Director of EMEA at Clearwater Analytics. “Clearwater gives European insurers a single foundation and workflow for investment data, accounting, regulatory reporting, and analytics, so teams can move faster with greater conviction.”

FF NEWS TAKE:

This partnership proves that Clearwater Analytics is becoming the de facto standard for large-scale investment operations in the insurance sector. By solving the specific pain points of Solvency II and multi-GAAP reporting, Clearwater is successfully displacing legacy providers. For MSIG Europe, this isn't just a software upgrade; it's a strategic move to gain operational agility in an increasingly volatile and regulated European market.