Dutch Insurer Achmea Taps Eagle for Data Centralization

The EDM solution was selected to help centralize all of Achmea's investment management data and streamline its operations to create efficiencies to support Solvency II and International Financial Reporting Standards (IFRS) regulatory reporting.

Eagle's Data Integration Services (DIS) helped Achmea go live with a challenging timeline, offering a shortened implementation schedule using standard data integration feeds. Additionally, Achmea has enlisted fully deployed services from the BNY Mellon Front Office Services Group, which is providing various data stewardship and data administration services to the firm. Achmea has been a BNY Mellon client since 2008 and in addition to being their global custodian, BNY Mellon provides investment accounting, fund administration and outsourcing services to Achmea.

"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," says Otto Veldt, director of asset management at Achmea.

"This is an important step toward establishing highly efficient, multi-dimensional integrated reporting," adds Corinne Weeda, director of reporting at the company.