Client SuccessSagicor Life
Saving Time at the Month-End Close with Daily, Automated Processes
Clearwater’s automated daily reconciliation reduces Sagicor’s manual processes, eliminating 10 days from their month-end close.
Market / Insurers
Clearwater’s automated daily reconciliation reduces Sagicor’s manual processes, eliminating 10 days from their month-end close.
Headquarters: Tampa, Florida
Assets Under Management: $3.5B
Website: https://www.sagicor.com/en-us
$3.5
billion in AUM
1
integrated system for investment accounting & reporting
10
days saved from month-end close
Challenges
- Struggled to provide timely reconciled data and automated reports
- Error prone manual processes slowed the month-end close process
- Needed in-depth portfolio visibility
Results
- Daily automated reconciliation for faster month-end close
- Timely data aggregation and consolidation for improved portfolio analysis
- Customized reporting for both in-depth and high-level portfolio views
“Our prior manual processes were time-consuming and cumbersome. We can now focus on analyzing our portfolio at a higher level and in a timely manner.”
