Clearwater Analytics Hldgs Inc Stock Price, News & Analysis

Clearwater Analytics (NYSE: CWAN) will release its first quarter financial results for 2022 on May 4, 2022, after U.S. markets close.

The company will host a conference call on the same day at 5:00 p.m. ET, accessible via its investor relations website. Clearwater Analytics provides a leading SaaS solution for investment accounting and reporting, supporting over 1,100 clients with $5.9 trillion in assets under management.

Clearwater Analytics (NYSE: CWAN) has announced participation in several investor conferences during Q2 2022. Key executives, including CEO Sandeep Sahai and CFO Jim Cox, will engage in events such as the J.P. Morgan 50th Annual Global Technology Conference on May 24, 2022, and the William Blair 42nd Annual Growth Stock Conference on June 7, 2022. The company serves over 1,100 clients and manages approximately $5.9 trillion in assets. Webcasts for these events will be accessible on Clearwater's investor relations website.

Clearwater Analytics (NYSE: CWAN) has partnered with T. Rowe Price to enhance the client experience for insurance clients. The partnership aims to leverage Clearwater's investment accounting and reporting solutions to support T. Rowe Price's growing insurance segment. Clients will benefit from improved access to their records, carrying value calculations, and regulatory support. Clearwater's team will assist T. Rowe Price in portfolio management and reporting. This collaboration emphasizes a commitment to high-quality data and client satisfaction, with onboarding planned over the coming months.

Clearwater Analytics (NYSE: CWAN) has announced a strategic partnership with Flyer Financial Technologies to enhance its SaaS-based investment accounting and reporting solutions. This collaboration will enable joint clients to access FlyerFT's cloud-based portfolio management and order management tools, paired with Clearwater's accounting and reporting capabilities. The partnership aims to deliver a comprehensive front-to-back office platform, providing asset managers with improved technology solutions and efficiencies.

Clearwater Analytics (CWAN) reported strong financial results for Q4 and full year 2021. Q4 revenue reached $69.8 million, up 27.4% YoY, with annual revenue totaling $252.0 million, marking 24.0% growth. The company achieved $277.8 million in Annualized Recurring Revenue (ARR), up 26.3%. Despite a net income of $0.1 million in Q4, the full year ended with a loss of $8.1 million. Adjusted EBITDA also improved to $20.1 million for Q4. The company maintains a gross revenue retention rate of 98% for the last 12 quarters, continuing its growth trajectory.

Clearwater Analytics (NYSE: CWAN) announced that Athora Holding Ltd has selected its services to enhance growth and streamline operations. Athora aims to consolidate its accounting, regulatory, and operational reporting across its international subsidiaries, which include nations like the Netherlands and Germany. Clearwater's SaaS solution will enable rapid onboarding of acquisitions, manage regulatory requirements, and provide a unified view of diverse investment portfolios. This partnership signifies Clearwater's role in addressing the consolidation trend in the insurance and investment management sectors.

Clearwater Analytics (NYSE: CWAN) announced that CFO Jim Cox will present at the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2022 in San Francisco. The event includes a fireside chat and one-on-one meetings. Clearwater, a leader in SaaS-based investment solutions, manages over $5.6 trillion in assets for various clients. The conference webcast will be available on Clearwater’s investor relations website.

Clearwater Analytics (NYSE: CWAN), a leader in SaaS-based investment solutions, announced significant product updates for Q4 2021. These enhancements focus on compliance with the latest accounting and regulatory standards, enriched asset class reporting, and an upgraded user experience. Key updates include NAIC compliance, enhancements for Limited Partnerships, improved Solvency II reports, and new Pledge Manager functionality. With a commitment to client-driven innovation, Clearwater continues to support clients managing over $5.6 trillion in assets, ensuring they can leverage data effectively for business growth.

Clearwater Analytics (NYSE: CWAN) will announce its fourth quarter and full year financial results for the period ending December 31, 2021, after U.S. markets close on March 2, 2022. A conference call will be held at 5:00 p.m. ET on the same day, accessible via a live webcast on the company's investor relations site. Clearwater's SaaS solution manages over $5.6 trillion in assets daily, serving a wide range of clients, including insurers and pension plans, by providing automated investment data and analytics.