Meiji Yasuda Life Insurance Company Adopts Bloomberg Solutions to Enhance Portfolio Management and Optimize Operations through Digital Transformation Reform

Deployment of cutting-edge portfolio and risk management tool by major insurer sets
new industry standard

Bloomberg announced today that Meiji Yasuda Life Insurance Company (“Meiji Yasuda”) has adopted Bloomberg’s PORT Enterprise portfolio & risk analytics solution together with multiple other workflow solutions including Bloomberg Transaction Cost Analysis (BTCA), Bloomberg’s Multi-Asset Risk System (MARS), and Bloomberg’s Evaluated Pricing Service (BVAL).

By adopting these solutions, Meiji Yasuda will accelerate its optimization of the asset management operations through digital transformation (DX). Specifically, PORT Enterprise’s book value tools developed exclusively for the Japanese insurance industry will enable Meiji Yasuda to conduct valuations by book and market value seamlessly across multiple asset classes. These solutions will also enable the company to conduct a sophisticated and efficient post-trade analysis through detailed understanding of investment costs including the integration of transaction information and market data, analyze derivative and other price data, and automate reporting.

Yoshimasa Oosaki, Operating Officer, General Manager, Investment Planning & Research Department, said, “We believe that adopting these solutions will enhance the portfolio management and analytical capabilities of our front-office departments which will lead to improved efficiency in returns and productivity of operational processes.”

Norman Tweeboom, Japan Regional Head at Bloomberg, said, “We are proud that we consistently make sure to grasp the client’s needs quickly and provide the best solution that suits the market. Our book value evaluation tool, that we developed especially for Japanese insurance firms, is at the core of our frontier level risk management solutions that Meiji Yasuda adopted. We are delighted to be able to support the digital transformation of Meiji Yasuda, increase the firm’s efficiency and enhance their competitive advantage.”

Bloomberg’s solutions deliver front-to-back technology for the investment lifecycle, from decision support and order management, to portfolio management and post-trade services for some of the largest asset managers, asset owners, and hedge funds. PORT is a multi-asset portfolio and risk analytics solution that delivers advanced risk and return attribution models. PORT has 47,000 active users across 15,000 client firms globally. Bloomberg’s post-trade offering streamlines post-trade workflows and reduce operational risk through reconciliation, straight-through processing (STP), settlement exceptions and collateral management solutions.

For more information about PORT Enterprise, click here. For more information about the workflow solutions, please click following links: Bloomberg Transaction Cost Analysis (BTCA), Bloomberg’s Multi-Asset Risk System (MARS), and Bloomberg’s Evaluated Pricing Service (BVAL).

About Meiji Yasuda Life Insurance Company
Meiji Yasuda Life Insurance Company was established through a merger of Meiji Mutual Life Insurance and Yasuda Mutual Life Insurance in January 2004, forming one of Japan’s oldest life insurance companies with 141 years of history and tradition. In line with the “Meiji Yasuda Philosophy,” the company strives to provide “peace of mind, forever” by responding to and fulfilling the hopes of each individual customer, continuously supporting them throughout their lives to ensure their health and fostering trusting, long-term relationships.

As of March 31, 2021, the company’s assets were worth a total of approximately 42 trillion yen, with securities valued at more than 35 trillion yen. Meiji Yasuda aims to return its profits to customers and to local communities by continuing to realize stable earnings over the long-term, as well as stable management of the insurance premiums received from its customers, in order to provide them with reliable peace of mind.

Media Contact
Yuri Imaizumi DeNicola
yimaizumi4@bloomberg.net