Markit announced that they would be supporting Nationwide, a Columbus based insurance and financial services organisation, for enhanced portfolio management and trade generation compliance.
Nationwide has selected its thinkFolio platform for portfolio and trade management across all asset classes. Nationwide, the US-based mutual insurance company, holds more than $158 billion in assets.
Nationwide will also leverage the solution to help streamline investment workflow capabilities.
“With multiple asset classes, investment styles and jurisdictions, today’s portfolio managers need solutions which consist of more than just trade input screens,” said Andrew Walsh, managing director and head of thinkFolio at Markit. “We will provide Nationwide with the tools it needs in order to focus further on core portfolio management and trade activities while reducing operational risk. This new relationship between Markit and Nationwide is a testament to the strength of our solution and we are excited to be working with a leader in the US insurance market.”
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poor’s.
The company provides a full range of insurance and financial services, including auto, commercial, homeowners and life insurance; public and private sector retirement plans, annuities and mutual funds; banking and mortgages; specialty health; pet, motorcycle, boat and farm insurance.
(image credit: Andreas Poike)