Clearwater Analytics Hldgs Inc Stock Price, News & Analysis

Clearwater Analytics (NYSE: CWAN) has been chosen by Franklin Templeton to enhance its stable value fund management. The Clearwater for Stable Value solution will provide Franklin Templeton with scalable investment technology, daily portfolio insights, and specialized capabilities to support its expansion into separate accounts and new mandates. This partnership aims to drive growth within Franklin Templeton's stable value fund business by offering enhanced tools for managing complex fund structures, securities, and specialized accounting treatment.

The collaboration will enable Franklin Templeton to improve processes, increase transparency, and facilitate communication with industry counterparts. Clearwater's solution includes features such as contract value accounting, crediting rate calculations, and contract trading within a comprehensive web-based platform. This selection by Franklin Templeton underscores Clearwater's position as a leading provider of SaaS-based investment management solutions, serving various sectors including insurers, asset managers, corporations, and governments.

Clearwater Analytics (NYSE: CWAN) has announced a partnership with Pool Re, a UK government-backed terrorism reinsurer with £7.0bn in funds. Pool Re will transition from a custodian-based model to Clearwater's SaaS-based investment accounting and reporting platform. This change aims to enhance data timeliness and accuracy, streamline monthly close processes, and enable strategic decision-making. The scalable Clearwater platform will help Pool Re adapt to market dynamics and meet HM Treasury reporting requirements. The collaboration signifies Clearwater's expanding presence in the UK market.

Clearwater Analytics (NYSE: CWAN) announced the winners of its Europe & Asia Client Awards, recognizing Aegon AM, Antares, Aviva, Resolution Re, and RiverStone International for their operational excellence in investment accounting.

The awards were presented at Clearwater Connect in London, celebrating clients leveraging Clearwater's technology to drive performance and strategic growth.

Key winners include:

• Sam Hayes from Antares, awarded Feature Fanatic.
• Aegon AM, recognized as First Mover.
• RiverStone International, named Growth Enabler.
• Pam Williams from Resolution Re, honored as Power User.
• Aviva Plc, celebrated as Partnered for Success.

Clearwater Analytics highlights their SaaS solution's role in automating investment lifecycles for clients managing over $7.3 trillion in assets.

Clearwater Analytics (NYSE: CWAN) announced that Galilée Asset Management (AM) will implement Clearwater JUMP to consolidate fund and wealth activities. This move supports Galilée AM's rapid growth and recent acquisitions. Based in France, Galilée AM specializes in equity and fixed income investment management. Clearwater JUMP provides end-to-end asset management, enhancing efficiency, reducing costs, and streamlining operations for Galilée AM. The platform will offer a cohesive view across all entities, improving reporting and middle-office activities. The partnership aims to drive sustainable growth and operational excellence.

Clearwater Analytics (NYSE: CWAN) has been selected by AXA XL's alternative capital team to provide investment accounting services. AXA XL, a leading global property and casualty re/insurer, chose Clearwater for its reliable and comprehensive investment management solutions. Clearwater will support AXA XL's investment portfolio by meeting complex accounting and regulatory requirements. This partnership underscores Clearwater's role in simplifying investment workflows and providing accurate, single-source investment analytics.

Clearwater's SaaS-based platform manages over $7.3 trillion in assets and is used by insurers, asset managers, and governments for efficient, scalable investing. This collaboration highlights Clearwater's commitment to delivering cutting-edge solutions to meet strategic growth and regulatory needs in a dynamic market.

Clearwater Analytics (NYSE: CWAN), a global SaaS provider, announced that M&G Investments has selected its investment accounting solution to enhance M&G's third-party insurance business. This partnership aims to automate investment management, regulatory reporting, and monthly investment board packages for M&G's global insurance clients. Clearwater PRISM, the client reporting platform, will enable comprehensive portfolio views and meet complex multi-basis accounting requirements. M&G's clients will benefit from a streamlined, efficient, and accurate reporting process. Clearwater's capabilities will help M&G expand its footprint in growing international insurance markets, leveraging their expertise in public and private markets.

Clearwater Analytics (NYSE: CWAN) has announced a secondary public offering of 12 million shares of its Class A common stock. This resale is being conducted on behalf of Warburg Pincus and Permira Advisers affiliates. Clearwater will not receive any proceeds from the sale. The shares will be sold by Citigroup, the underwriter and sole book-running manager. The offering is being made under an automatically effective shelf registration statement filed with the SEC.

Clearwater Analytics provides SaaS-based investment management, accounting, reporting, and analytics solutions, managing over $7.3 trillion in assets daily.

Clearwater Analytics' 2024 State of Alternatives study reveals that 55% of institutional investors plan to boost their alternative investments over the next five years. This research, involving over 230 executives from sectors managing $10 trillion in AUM, highlights trends, opportunities, and challenges in alternative investments. Key findings show that regulatory complexities are a major barrier, noted by 34% of respondents. Additionally, data and reporting are significant operational challenges, with 28% identifying a need for data standardization. The study underscores the important need for technological innovation to manage alternative investment portfolios effectively.

Clearwater Analytics (NYSE: CWAN) has released its 2024 Insurance Investment Outsourcing Report (IIOR). This eleventh annual report, often referred to as the 'Yellow Pages' for insurance-focused asset managers, includes profiles of 70 asset managers and 12 investment consultants, the latter being new additions. This year’s report highlights several key trends, including a continued growth in outsourcing with $3.6 trillion in insurance assets under management (AUM) and $900 million in consultant assets. Notably, private asset classes have grown 40% over the last two years to $602 billion, while public asset classes have remained flat. The report also reveals that public fixed income still dominates with 70% of AUM.

The report indicates that more managers are entering the insurance asset management business, with 22 new managers joining in the last three reports. Investment consultants are increasingly prominent, helping insurers diversify into private asset classes. This growing complexity and sophistication in insurer investment programs is a testament to the evolving industry landscape.