Industry Experts Unveil New Capabilities to
Process Accurate, Timely and Comprehensive Investment Data at Speed
and Scale
BOISE, Idaho, Sept. 21, 2023 /PRNewswire/ -- Clearwater
Analytics (NYSE: CWAN), a leading provider of SaaS-based investment
management, accounting, reporting, and analytics solutions, today
announced that its annual Clearwater Connect conference with more
than 500 global in-person attendees is underway in Boise, Idaho. This year's event brings
together thought leaders, experts, and innovators to witness
FinTech innovations and learn how they can implement Clearwater's advanced portfolio of investment
management offerings to unleash business productivity and make
growth a reality.
Clearwater CEO Sandeep Sahai
kicked off the event yesterday with a keynote address featuring our
innovative technologies, including alternative assets processing,
Clearwater Prism, and Clearwater GPT, followed by the Clearwater client awards ceremony and a
keynote by Chief Client Officer Subi
Sethi highlighting how our best-in-class Operations team
continues to support our clients with more efficient
implementations and service.
In addition to learning about industry-relevant topics such as
the latest advances in generative AI, risk management, ESG
investment, NAIC regulatory updates and more, Connect attendees are
hearing from dozens of customer speakers and seeing live product
demonstrations on our product advancements, with participants able
to earn continuing education credits along the way.
Clearwater Platform: During the conference, attendees are
learning about product innovations and expanded capabilities that
will inject greater speed, accuracy and relevance to client
experiences. These product innovations include:
- Income Forecasting, which expands Clearwater's income forecasting tool to
include non-fixed income assets. In addition, clients are now able
to provide assumptions about investment yield for equities, funds,
and other non-fixed income assets in their portfolio and use it to
forecast investment income for the portfolio.
- ESG Data & Reporting. Clearwater has integrated ESG
factors into portfolios to build ESG reports and
dashboards that will enable clients to easily manage climate and
other ESG risks. Clearwater recently added reporting to its
platform based on the Sustainable Finance Disclosure Regulation
and EU Taxonomy framework in order to identify
principle adverse indicators and show financing towards ESG
eligible and aligned activities. These disclosures provide
transparency towards Net Zero goals.
- Self-Service. As part of the platform's evolution,
Clearwater is making processes
more automated and efficient while providing more visibility to our
clients so they can easily work with the platform at their
convenience. With the latest capabilities, end users have the
ability to create accounts, override pricing, and more.
- LIBOR Transition, to support the transition
underway within the investments industry from using LIBOR
during its peak to calculate over $200
trillion worth of financial instruments globally, to
SOFR as the alternative reference rate. Similarly, at
Clearwater, over 95% of public
securities now utilize SOFRs, or alternative reference
rates, for floating rate instruments.
Clearwater LPx: At the event, attendees are seeing up
close Clearwater LPx, a full-service solution that solves many
of the operational challenges associated with accounting and
reporting on private funds. Recent product enhancements
include:
- Clearwater LPx Clarity, which provides the front
office with the transparency needed to understand risk and exposure
in limited partnership investments when making portfolio
decisions.
- J-Curve. One of the most requested features,
the J-Curve view provides the ability to forecast
capital calls and distributions and provides comparisons of actual
forecasts to scenario-based predictions.
- Clearwater LPx's Management Console, which serves
as both a Client and Operations Control Center for workflow and
oversight, provides visibility into operational areas such as the
status of document processing. It also serves as a launching pad to
other modules, such as the improved document manager (repository of
LP documents) and Portfolio Summary.
- Capital Call Dashboard, which provides an
approval-based workflow to monitor and process capital calls.
Aggregated capital call information from partnership documents
eliminates the need to re-key information and maintain spreadsheets
typically used in the capital call process.
Clearwater MLx: At Connect, Clearwater is unveiling Clearwater MLx, an
all-in-one experience for mortgage loan investors to make informed
decisions at any stage of the loan lifecycle, from origination and
deal management, to analytics, accounting, and reporting. The
one-stop-experience for the total mortgage investment lifecycle
includes deal tracking, analytics, accounting, and reporting via a
single pane of glass.
Clearwater Prism: Attendees are learning about the latest
Clearwater Prism capabilities, including a web-based editor for
client users to build and edit templates for PDF- and Excel- based
statements and define custom approval workflows to meet audit
needs. Clearwater has expanded
Prism to support both attribution and ESG reporting. Clients can
also support their EU clients by reporting on content in EU
languages and regional formats.
Clearwater JUMP: Attendees are learning about
Clearwater's new OMS and PMS
capabilities, as well as seeing Clearwater JUMP in action and how
it delivers a unified, trusted full investment lifecycle platform
to the marketplace.
"At Clearwater, we're incredibly excited about delivering
product innovations designed to automate repetitive work for our
clients, while empowering them to make faster decisions that
significantly improve productivity and ignite growth
opportunities," said Souvik Das, CTO
at Clearwater Analytics. "Clearwater Connect 2023 has shown us the
power of innovation transforming investment management. We believe
our award-winning technology platform, when fueled by generative AI
and put into the hands of our global clients, can result in faster
and more efficient ways to work, making us all better
together."
Connect with Clearwater
- To learn more about Clearwater, speak to an expert today.
- Follow Clearwater Analytics on LinkedIn.
- Join the Clearwater Connect conversation on social media
channels by using the hashtag #Connect2023.
About Clearwater Analytics
Clearwater Analytics (NYSE: CWAN), a global, industry-leading
SaaS solution, automates the entire investment lifecycle. With a
single instance, multi-tenant architecture, Clearwater offers award-winning investment
portfolio planning, performance reporting, data aggregation,
reconciliation, accounting, compliance, risk, and order management.
Each day, leading insurers, asset managers, corporations, and
governments use Clearwater's
trusted data to drive efficient, scalable investing on more than
$6.4 trillion in assets spanning
traditional and alternative asset types. Additional information
about Clearwater can be found
at clearwateranalytics.com.
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SOURCE Clearwater Analytics