Case Study: US Life Insurer achieves automated, end-to-end alternative investment management with SS&C Technologies' Insurance Solutions

US Life Insurer Selects SS&C Insurance Solutions for End-to-End Alternative Investment Management

US Life Insurer, a US life insurer with over $25 billion in invested assets and more than $1.5 billion in alternative investments across 60+ external managers, was relying on Excel and a service provider with limited capabilities to manage its private funds. The insurer sought an automated, integrated solution for document management, analytics, investment accounting and Schedule BA reporting and selected SS&C Technologies (SS&C Insurance Solutions) to address these gaps.

SS&C Technologies implemented a fully outsourced solution using its cloud-based platform and services (Private Fund Processing, Investment Accounting and Regulatory Reporting) to manage tracking, document collection and digitization, reconciliations, capital call/distribution processing and Schedule BA reporting for the $1.5B alternatives portfolio. By replacing manual Excel workflows and centralizing operations, SS&C improved operational efficiency, data quality and transparency and ensured timely, accurate performance and regulatory reporting.