PREPAR-VIE Picks Clearwater to Overhaul €9B Investment Operations…

Event summary

PREPAR-VIE, a €9B life insurer, selected Clearwater Analytics to replace its investment management system.
The platform will unify front-to-back investment operations, including portfolio management, accounting, and unit-linked fund operations.
Clearwater's solution supports French GAAP and IFRS standards, automating tasks across teams.
PREPAR-VIE aims to expand its unit-linked product offerings and optimize processes.
The deal highlights growing demand for real-time visibility in European life insurance.

The big picture

The deal underscores the pressure on European insurers to modernize investment operations amid rising demand for unit-linked products. France, a key growth driver in European life insurance, is seeing insurers shift toward platforms offering real-time visibility and automation. Clearwater's selection by PREPAR-VIE reflects broader industry trends toward operational efficiency and regulatory compliance.

What we're watching

Execution Risk: Whether PREPAR-VIE can integrate Clearwater's platform without operational disruption.
Market Expansion: How the new system will accelerate PREPAR-VIE's unit-linked business growth.
Industry Trends: The pace at which European insurers adopt similar front-to-back investment platforms.