Norli Liv & Pension Successfully Goes Live with Cloud-Native Investment Management Platform from Clearwater Analytics

BOISE, Idaho & LONDON & COPENHAGEN, January 20, 2026 - Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that Norli Liv & Pension has successfully gone live on its cloud-native platform, completing its first month-end close and marking a major milestone in the Danish pension provider's digital transformation

The implementation, completed in just six months, transforms Norli's investment operations with immediate results. Norli now completes its month-end close by business day four across all asset classes and has unified its entire investment operation onto a single, audit-quality platform.

The successful implementation incorporates Denmark-specific reporting requirements and regulatory frameworks, as well as data interfaces to local custodians, creating a blueprint for Nordic financial institutions looking to modernize their investment operations.

"This is a significant step forward in the digital transformation of our organization. I am proud of our team's dedication and the seamless collaboration with CWAN. Norli Liv & Pension's rapid and disruption-free migration to the CWAN platform exemplifies the power of the cloud to drive agility and resilience in investment operations. This collaboration showcases what's possible when industry leaders embrace transformation with speed and precision," said Peter Trägårdh Christensen, Group Director at Norli Liv & Pension.

Key results include:

• Month-end close reduced to business day four across all asset classes
• Daily reconciled, audit-quality data across internal and external mandates
• Enhanced risk and performance reporting with T+1 data
• Unified view of entire investment portfolio with real-time access to platform updates and new capabilities
• Streamlined operations replacing complex legacy system processes

"We are very satisfied with the transition to a full-service setup, including a cloud-based reporting platform and back-office expertise for booking and registration. By leveraging CWAN's standardized, country-specific onboarding, we achieved a smooth and efficient migration from our legacy systems to an innovative, competitive solution that will support scalable business growth," said Kasper Lykke Meisner, Head of Funds Administration at Norli Liv & Pension. "We are already running our risk and performance reporting on T+1 data from CWAN and are very pleased with the system's efficiency and capabilities. We have experienced clear improvements in our investment operations and fund administration. The transition has been a true partnership, and we can warmly recommend working with CWAN."

"Norli's rapid implementation demonstrates what's possible when a leading pension provider commits to operational excellence," said Keith Viverito, Managing Director EMEA at CWAN. "Their measurable results, from faster closes to platform consolidation, show the tangible value of implementing our technology foundation. We're excited to support Norli Liv & Pension's continued market leadership."

"We are committed to delivering exceptional value to clients across the Nordic region and helping them modernize their investment operations in the cloud," said Hans Otto Engkilde, Regional Head Nordics, DACH & Netherlands at CWAN. "Our work with Norli shows how we go beyond technology - building long-term partnerships, combining local expertise with continuous support so clients achieve and sustain operational excellence."

About Norli Liv & Pension

Norli Group is a Nordic consolidator of traditional guaranteed life and pension products that uniquely offers new customers traditional pension savings as part of their pension scheme. Founded in 1986 as part of Alm. Brand Group (formerly Alm. Brand Life and Pension), the company rebranded to Norli Liv & Pension under new ownership in 2022. Now part of Nordic Group, which focuses on pension insurance across the Nordics, Norli Liv & Pension aims to be the market leader in traditional pension savings.

About CWAN

Clearwater Analytics (NYSE: CWAN) is transforming investment management with the industry's most comprehensive cloud-native platform for institutional investors across global public and private markets. While legacy systems create risk, inefficiency, and data fragmentation, CWAN's single-instance, multi-tenant architecture delivers real-time data and AI-driven insights throughout the investment lifecycle. The platform eliminates information silos by integrating portfolio management, trading, investment accounting, reconciliation, regulatory reporting, performance, compliance, and risk analytics in one unified system. Serving leading insurers, asset managers, hedge funds, banks, corporations, and governments, CWAN supports over $10 trillion in assets globally. Talk to an expert to learn more.

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Media Contact:

Claudia Cahill, Head of Communications and PR | +1 208-433-1200 | [email protected]