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BLOG. 2 min read

What to Look For in an Insurance Investment Accounting Provider

Insurance companies need to be able to adapt quickly to changes in the industry and environment, and they need a software provider who can help them maintain that agility. When evaluating solution providers, choose one with advanced data capture, machine learning (ML) and natural language processing technology (NLP), as well as deep insurance and private market expertise. You should also look for an integrated software solution with flexible deployment options. In implementing insurance investment accounting software with embedded technologies like ML, NLP, robotic process automation (RPA) and optical character recognition (OCR), insurance companies can automate manual tasks and free their employees to focus on core competencies like developing client relationships.

 

The Insurance Accounting & Systems Association (IASA) IMPACT Awards recognize member companies, individuals and solutions providers that make a positive impact in the industry. IASA recognized SS&C as the IMPACT Award winner for Solution Provider of the Year. Recipients of this award are determined by the IASA Board and industry nominations. SS&C was chosen for demonstrating professional excellence and partnering with clients to create solutions to business-related challenges.

 

SS&C provides tight integration and controls between investment accounting and statutory reporting, real-time transparency into operational status and accounting functions, flexible ad-hoc reporting tools with real-time online data views, and more. Our tenured implementation and service teams have deep insurance domain expertise. Our SaaS, fully outsourced or co-sourced operating models leverage technology that is 100% internally owned, developed and supported with a demonstrated commitment to R&D.

 

As the largest global fund administrator for alternatives, SS&C has been an industry leader for more than 35 years. To learn more about our award-winning solutions and why we are the IASA Solution Provider of the Year, visit our "SS&C Singularity" solution page

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