Established in 1946, Watson Wyatt Worldwide is one of the oldest actuarial consulting firms in the world. It specializes in the areas of employee benefits, human capital strategies, technology solutions, and insurance and financial services. The company provides government and investment consulting services and technology and administration solutions. It operates Watson Wyatt Data Services, which is a wholly owned subsidiary that offers compensation, benefits and employment practices information to the global employer community. Watson Wyatt Worldwide provides negotiation assistance, postdeal planning, health care education, merger and acquisition services and Web-based communication solutions. It also deals in addressing risk and governance, assessing retirement plans and controlling health care costs. The company serves more than 300 pension plans and employs over 7,000 associates in nearly 30 countries. Watson Wyatt Worldwide maintains a location in Cleveland.