Erste AM joins Clearwater Analytics’ buy-side group to drive enterprise progress

Erste Asset Administration, a part of Erste Group Financial institution, has change into the most recent European shopper to affix Clearwater Analytics’ buy-side group.

Winfried Buchbauer

Erste AM has chosen Clearwater’s cloud-native shopper reporting platform, PRISM, to offer customised digital shopper experiences.

The event will see Clearwater mixture multi-asset shopper funding information, assist enhance asset flows and enhance shopper service.

Shoppers may even be capable of configure insights and analytics, alongside the power to entry information in a self-service method, permitting for fast reporting adjustments when essential.

“We’re devoted to surpassing buyer expectations and offering distinctive shopper reporting throughout all channels,” mentioned Winfried Buchbauer, chief working officer and board member of Erste Asset Administration.

“Clearwater stood out from different options on account of its versatile and cloud-native shopper reporting resolution. Clearwater PRISM will permit us to simply tailor reviews to our purchasers’ wants. With a complete view of knowledge, insights, and related analytics, our group is empowered to assist differentiate our choices available in the market.”

Erste AM is a Central and Japanese European asset supervisor with €81.4 billion in property underneath administration for a variety of purchasers, together with pension plans.

In the meantime, Clearwater PRISM is a knowledge administration and shopper reporting platform for corporations that need a complete view of their portfolios throughout a number of platforms and all asset sorts, in line with the agency.

“We perceive the significance of this undertaking to Erste Asset Administration and are appreciative of the belief they’ve positioned in us to ship for his or her staff, stakeholders and purchasers,” mentioned Keith Viverito, basic supervisor of EMEA and APAC at Clearwater Analytics.

“By bridging a crucial business hole, PRISM empowers corporations like Erste Asset Administration to centralise reporting throughout a number of techniques, simplifying and modernising the working mannequin and unlocking alternatives for differentiation and considerably enhanced shopper reporting experiences.”

In April 2021, world investor Aegon Asset Administration overhauled its information, reporting and funding accounting operations with a cloud native platform from Clearwater Analytics. 

Learn extra: Aegon Asset Administration streamlines information and reporting operations with Clearwater Analytics