A full-lifecycle solution to administer first mutual fund domiciled in the Caribbean

Bank of Saint Lucia Limited

Bank of Saint Lucia Limited is a premier financial institution that serves individuals, corporations and institutions and the local banking market with a wide range of personal, SME, commercial and investment banking products and services.

• Headquarters Castries, Saint Lucia
• Assets Under Management $550M
• Website https//www.bankofsaintlucia.com/

Bank of Saint Lucia relies on Clearwater’s solution for their investment lifecycle, which includes a managed service, reconciliation and data aggregation capabilities, investment accounting, and NAV & CRM tools.

• $550 million in AUM
• 5 branches
• 900k+ investment securities

Challenges

• Providing customers with a broader spectrum of investments
• Achieving exponential growth
• Enhancing the Bank of Saint Lucia’s position in the market

Results

• A comprehensive solution across the investment lifecycle
• Sophisticated asset management capabilities
• More investment options for customers

“Adding Clearwater JUMP to our infrastructure is a game changer for us. Having a robust, comprehensive solution from a single provider will give us the sophisticated asset management capability we need to provide our customers with a broader spectrum of investments, achieve exponential growth and enhance our position in the market.”

Medford Francis, Deputy Managing Director, Bank of Saint Lucia