NeoXam has been selected by Guardian to provide investment data management and reporting functions
NeoXam will support one of the largest U.S. mutual life insurers with an investment data management solution, including IBOR reporting
February 27, 2018 - New York, U.S.
Today, NeoXam, a leading financial software company, announced that it has been selected by The Guardian Life Company of America® (Guardian) to provide solutions supporting a number of key investment reporting areas, as well as solutions to support invesment book of record (IBOR) reporting, corporate actions and enterprise data management.
Guardian, based in New York, will deploy NeoXam's comprehensive and customizable data management tool, DataHub, this year. Guardian has also agreed to implement NeoXam's IBOR reporting tool in 2019. This will become the consistent and continuous source of all of Guardian's investment data, delivering high-quality, real-time, multi-view positions and transaction data, with build-in reconciliation.
Guardian's selection of NeoXam is the culmination of a year-long proposal, requirement-gathering and vetting process. The selection extends NeoXam's growth in the Americas region.
Serge Delpla, CEO of NeoXam, commented: "We are delighted to be supporting Guardian. The financial services and insurance industry must manage large amounts of data and keep pace with increasing regulatory change. With our software and expert knowledge of the space, Guardian will be able to eliminate a number of cumbersome manual processes with the assurance that data management remains secure."
About NeoXam - NeoXam is a leading financial software company delivering solutions and services to more than 150 customers in 25 countries. NeoXam is committed to its clients' success: delivering reliable and scalable solutions, processing more than $14 trillion worth of assets per day and serving over 10,000 users. Through its combined talents and transparent approach, NeoXam helps buy-side and sell-side clients address the continuous changes in the financial industry and helps them to grow and better serve their clients. NeoXam, headquartered in Paris, has staff of more than 450 and has 13 offices across the globe. For more information about NeoXam, please visit the website: www.neoxam.com
About Guardian - The Guardian Life Insurance Company of America® (Guardian) is one of the largest mutual life insurers, with $7.4 billion in capital and $1.5 billion in operating income (before taxes and dividends to policyholders) in 2016. Founded in 1860, the company has paid dividends to policyholders every year since 1868. Its offerings range from life insurance, disability income insurance, annuities, and investments to dental and vision insurance and employee benefits. The company has approximately 9,000 employees and a network of over 2,750 financial representatives in 58 agencies nationwide. For more information about Guardian, please visit our website, www.guardianlife.com. You can also follow Guardian on Facebook, LinkedIn, Twitter and YouTube.