Clearwater Analytics
Clearwater Analyticsis a SaaS (Software-as-a-Service) provider that automates investment accounting and reporting. Instead of firms using multiple disconnected software programs or spreadsheets to track their money, Clearwater provides a single cloud-based platform where all that data lives together.
Legacy systems weigh on Singapore insurers despite AI ambitions
Legacy systems weigh on Singapore insurers despite AI ambitions
Ninety-six per cent cited resistance to change as a barrier to new ways of working.
Nearly half of APAC insurers rank reporting as top compliance challenge
Only 5% of respondents rated regional compliance capabilities as weak.
Asia-Pacific insurers face $200b legacy tech burden
Outdated tech and entrenched processes continue to hamper operations.
APAC insurers slump to 23% confidence in complex asset tools
Only 42% of regional executives rate their current systems as excellent for data integration.
APAC insurers lag with legacy systems despite 87% claim digital lead
The legacy constraint rate rises from 90% at $1b to $5b firms.
Why 85% expect APAC insurers’ portfolio risk to rise
More than three-quarters said regulatory and compliance requirements needed more time and resources.
Commentary
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