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Stock impact report

APAC Insurers Are Racing into Private Markets. Their Infrastructure Is Not Keeping Up.

Clearwater Analytics Holdings, Inc. Class A (CWAN) 
Company Research Source: Business Wire
Clearwater Analytics survey of 150 executives managing $3.8 trillion finds private market allocations set to grow by two-thirds in five years, even as the systems underpinning them fall further behind HONG KONG, SINGAPORE & SYDNEY--(BUSINESS WIRE)--Insurance executives across Asia Pacific are accelerating into private markets. Within five years, the 150 executives surveyed by Clearwater Analytics (NYSE: CWAN) expect to allocate a third of their combined $3.8 trillion in assets to private debt, private equity, infrastructure and other alternatives up from 20% today.The infrastructure supporting these ambitions, however, is not keeping pace.Ninety-three percent of those same executives acknowledge that legacy technology is already constraining their business, even as they press forward with allocations that demand more from it, not less. The asset classes they are moving into fastest are the ones their systems are least prepared to handle.“The firms that will lead the next phase of g Show less Read more
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