About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Achmea Combines Eagle Data Management with BNY Mellon Services to support Solvency II Compliance

Subscribe to our newsletter

Achmea, the largest insurance company in the Netherlands, is up and running with a Solvency II compliance solution that combines cloud-based enterprise data management from Eagle Investment Systems with data stewardship and administration services from its parent BNY Mellon.

The company has been a BNY Mellon client since 2008, with BNY Mellon acting as its global custodian and providing investment accounting, fund administration and outsourcing services. When faced with the prospect of Solvency II compliance, Achmea went to market to find a solution that would centralise its investment management data and streamline operations to create efficiencies in support of Solvency II and Internal Financial Reporting Standards regulatory reporting.

Eagle was selected and has worked with Achmea through a phased implementation of its Access cloud-based data management solution that went live recently. The implementation met tight deadlines by using out-of-the-box standard data integration feeds from Eagle’s Data Integration Services.

Otto Veldt, director of asset management at Achmea, says: “We are pleased with Eagle’s outsourced data management solution that addresses our multiple, complex needs around asset data management. We are also pleased with the cooperation between Eagle and BNY Mellon during the implementation.”

The Eagle data management solution will be used for all aspects of Solvency II from meeting data quality requirements to fulfilling the ‘look through’ element of the regulation that requires insurers to gather data from asset managers that invest on their behalf. BNY Mellon, as Achmea’s fund administrator, will be the source of most of the data required by the Solvency II solution.

Looking beyond Solvency II, Corinne Weeda, director of reporting at Achmea, says: “This is an important step toward establishing highly efficient, multi-dimensional integrated reporting.” John Boggis, head of sales, EMEA and Asia Pacific, at Eagle, adds: “If both insurers and asset managers centralise the data they need for Solvency II, they will be 70% to 80% ready for the next regulation.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: An Agile Approach to Investment Management Platforms for Private Markets and the Total Portfolio View

Data and operations professionals at private market institutions face significant data and analytical challenges managing private assets data. With investors clamouring for advice and analysis of private markets in their search for returns, investment managers are looking at ways to gain a more meaningful view of risk and performance across all asset types held by...

BLOG

Bloomberg Debuts Real-Time Events Data Feed

Bloomberg has broken new ground with the release of its Real-time Events Data solution, which it says will help financial institutions make better decisions faster, based on the most accurate and timely information. The US financial data and technology behemoth has leveraged its real-time streaming API connectivity to provide subscribing clients with data from earnings...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...