NFU Mutual Selects Bloomberg and Clearwater Analytics for Front-to-Back Investment Management Workflow

Leading UK mutual insurer gains a modular front-to-back operating model that combines best-in-class investment management, accounting, reconciliation and regulatory reporting

London and New York, September 22, 2026 - Bloomberg and Clearwater Analytics ('Clearwater') today announced that NFU Mutual ('NFUM'), the UK's leading rural insurer, has selected Bloomberg Buy-side Solutions together with the Clearwater platform to modernize its investment operating model.

Managing approximately $32 billion in assets across a diversified range of funds, NFUM will jointly implement Bloomberg Buy-Side Solutions and Clearwater to streamline its front-to-back multi-asset investment management operating model. Bloomberg will provide portfolio management, trading, pre-trade compliance and trade operations - including workflows to support T+1 settlement readiness - while Clearwater will provide investment operations and investment accounting, with Bloomberg and Clearwater jointly supporting the client's regulatory reporting requirements. Bloomberg's strategic collaboration with Clearwater enables NFUM to establish a seamless, flexible front-to-back composable operating model that improves workflow efficiency, strengthens data consistency, and transaction reporting, and accelerates settlement cycles.

"By adopting Bloomberg and Clearwater's integrated solutions, we are building an automated and highly flexible end-to-end operating model that strengthens our control environment, streamlines processes and builds a solid data foundation for our investment reporting," said Nigel Bryan, Head of Financial Control at NFU Mutual. "The solution automates key workflows across the investment lifecycle, from order generation and execution through matching, settlement and post-trade processing. Bloomberg's post-trade regulatory, risk and compliance solutions further streamline operations while strengthening our transaction reporting capabilities."

"Insurers are modernizing their investment operations by connecting portfolio management, trading, accounting and post-trade reporting around a single, trusted framework," said Jose Ribas, Head of Buy-Side Enterprise Solutions at Bloomberg. "Together with Clearwater Analytics, we're helping NFU Mutual and other insurers simplify complex workflows, strengthen data consistency and utilize a composable operating model that can scale with its business."

"Our integrated offerings give investment teams one end-to-end investment and accounting book of record, so they can make better decisions faster and reliably," said Keith Viverito, Managing Director, EMEA at Clearwater Analytics. "NFU Mutual's selection shows that insurers no longer need to choose between operational depth and technological agility. With integrated front-to-back solutions from Clearwater and Bloomberg, clients can build one accurate, audit-ready operating model across the entire investment lifecycle delivered as a service, and the accuracy and auditability their business demands."

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About Bloomberg Buy-Side Solutions

Bloomberg Buy-Side Solutions deliver multi-asset capabilities across the full investment lifecycle. With a modular and flexible approach, Bloomberg Buy-Side Solutions offer research management, order and execution management, portfolio and risk analytics, trade compliance and operations capabilities. Integrated with the Bloomberg Terminal service, these solutions provide consistency and quality that enable accurate and transparent decision making, informed investment analysis, and scalable workflows across the enterprise. For more information, visit professional.bloomberg.com/solutions/buy-side/.

About Clearwater Analytics

Clearwater Analytics is the natively agentic investment management platform built on a single, continuously reconciled investment record. Portfolio management, trading, accounting, risk, compliance, and private markets workflows run on a single source of truth, creating a connected foundation for automation, AI-driven insights, and agentic workflows across the investment process. Clearwater supports more than $10 trillion in assets globally for insurers, asset managers, hedge funds, banks, corporations, and governments. Learn more at https://www.cwan.com.

About NFU Mutual

NFU Mutual is the UK's leading rural insurer and offers a wide range of products, including general insurance, life, pensions, and investments. The firm manages approximately $32 billion in assets across a diverse range of investment strategies, including equities, fixed income, multi-asset portfolios and property.

Its products and services are delivered through a network of NFU Mutual Agent offices, as well as through its direct sales and service centres. With more than 280 agency offices located in rural towns and villages throughout the UK, NFU Mutual has become part of the fabric of rural life and remains committed to serving the needs of its members nationwide. NFU Mutual is proud to deliver more than simply insurance. Making farming safer, supporting rural initiatives across the UK and helping to look after the environment are just some of the ways it does that. To find out more about everything it does to support communities, visit https://www.nfumutual.co.uk/about-us/responsible-business.