Clearwater Analytics (NYSE:CWAN) is a software-as-a-service (SaaS) provider specializing in automated investment accounting, performance reporting and risk analytics. Since its founding in 2004, Clearwater has developed a cloud-native platform to help institutional investors streamline back-office processes, reduce operational risk and gain greater transparency into their portfolios. The company’s web-based solution consolidates position-level data from multiple custodians, banks and counterparties, enabling clients to reconcile transactions, calculate valuations and generate financial statements with minimal manual intervention.
At the core of Clearwater’s offering is an integrated suite of modules that supports a wide range of asset types and investment vehicles. Key capabilities include trade matching and reconciliation, multi-GAAP accounting, cost basis and amortization schedules, performance measurement, compliance monitoring and customizable risk analytics. In addition, Clearwater provides an extensible reporting engine that delivers real-time dashboards and regulatory reports, helping clients meet evolving disclosure requirements and internal governance standards.
Clearwater’s platform serves a globally diversified client base, including asset managers, insurance companies, corporations, banks, government entities and non-profit organizations. The company maintains offices in Boise (Idaho), London, Singapore and Edinburgh, and supports investment programs in more than 90 countries. Its infrastructure is designed to handle multiple currencies and languages, ensuring consistency in data processing and reporting across diverse regional operations.
Founded by a team of financial services veterans, Clearwater Analytics remained privately held until completing its initial public offering in 2019. Today, the company is led by Chief Executive Officer Robert L. Moore, who has steered significant product innovation and geographic expansion. Under Moore’s leadership, Clearwater continues to invest in research and development, enhancing its platform with advanced analytics tools and automation features to address the changing needs of institutional investors worldwide.
