CAM Group Selects NeoXam GP4 SaaS to Modernise Asset Management Platform

NeoXam, a global leader in software solutions for data management, investment accounting, portfolio management, valuation, reporting, and reconciliation, announces today that CAM Group, a French mutual insurance group, has selected NeoXam GP4 to replace its legacy investment accounting system.

Following a comprehensive evaluation of solutions available on the market, CAM Group selected NeoXam GP4 for its full functional coverage, incorporating the specific requirements of the insurance sector and the French market, for its proven expertise in serving institutional investors, and for the ease of deployment of its SaaS (Software as a Service) offering.

"We are delighted to welcome CAM Group into the NeoXam GP4 user community. Our solution will provide CAM Group with a robust and scalable SaaS platform, designed to meet the highest operational and regulatory requirements of the insurance sector. This partnership reflects NeoXam's ongoing commitment to supporting insurers in strengthening their accounting foundations and driving their operational transformation." said Charles Sayac, Head of Continental Europe at NeoXam.

"This project is part of our operational modernisation initiative and our commitment to enhancing the quality of our financial data. The NeoXam GP4 solution, through its SaaS approach and its expertise in the insurance sector, addresses precisely the requirements of our business and the regulatory developments we are subject to." added Marc Wendling, Chief Financial Officer, CAM Group.

NeoXam GP4 is the reference platform for institutional investors and financial service providers, enabling them to optimise their full range of valuation and investment accounting processes. NeoXam GP4 is an integrated multi-entity, multi-jurisdiction, multi-accounting standard solution.