Bermuda reinsurer Arch Group has selected Clearwater Analytics for investment accounting, reporting, and analytics.
Arch will use the software to automate and integrate investment accounting, compliance monitoring, risk awareness, performance analysis, and multinational regulatory reporting across its global offices.
"We made the decision to use Clearwater because their highly automated platform and process provides daily reconciled data, resulting in improved reporting and analysis capabilities for accounting, performance, and other metrics,” said Debra O’Connor, Executive Vice President and CFO of Arch Capital Services Inc.