Case Study: Aegon achieves a global high-quality market data infrastructure with Alveo Technology

Aegon embarked on a market database project to provide input in the chain of calculations contributing to management decisions

Aegon, a global insurance company, faced a challenge where its various actuarial, risk, and asset management teams were handling financial data separately. This siloed approach to sourcing, cleansing, and validating market data for their Economic Scenario Generator and other applications was inefficient and introduced risk. To address this, they turned to Alveo for its market data platform.

Alveo implemented a centralized global market data infrastructure for Aegon, providing high-quality, validated data on FX rates, indices, yield curves, and more. This solution increased speed and efficiency while reducing risk in their pricing and valuation processes. It became the foundational source for all applications handling market data, empowered actuaries to model complex long-term instruments, and provided the critical data lineage and transparency required by regulators.

Aegon