Dutch insurer Achmea is using software from Eagle Investment Systems to deal with its investment management data.
The Eagle Access system was selected to help centralise Achmea's investment data and streamline its operations to cope with reporting under Solvency II and International Financial Reporting Standards (IFRS), according to Eagle, a subsidiary of BNY Mellon. The system runs in a private cloud.
The BNY Mellon Front Office Services Group is providing Achmea with various data stewardship and data administration services
"We are pleased with Eagle's outsourced data management solution to address our multiple, complex needs around asset data management and are also pleased with the cooperation of Eagle and BNY Mellon during the implementation," said Otto Veldt, director of asset management at Achmea.
BNY Mellon is Achmea's global custodian, and provides investment accounting, fund administration and outsourcing services to the insurer.