Clearwater Analytics wins 2023 FinTech Breakthrough Award for Best Overall Accounting Platform

The Clearwaters Powerful “network effect” provides breakthrough competitive advantage for insurers, asset managers and companies

BOISE, Idaho, March 29, 2023 /PRNewswire/ — Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting and analytics solutions, announced today that it has been selected as the winner of the “Best Overall Accounting Platform” award in the 7th^th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the best companies, technologies and products in the global FinTech market today.

“This vote of confidence from FinTech Breakthrough proves what we’ve long known to be true about the power of numbers. Every Clear water the client benefits from powerful network effects. With our single-instance, multi-tenant architecture, each client, whether new or existing, enriches our global dataset by making it more complete, accurate and robust,” said Susan Ganeshan, CMO, Clearwater Analytics. “At Clearwater, we believe deeply in unleashing the power of partnership. It is a force multiplier. To be sure, we are all better together and achieve a meaningful competitive advantage by leveraging The Clearwaters single source of truth for investment management.”

The Clear water the platform replaces old patchwork of local software that involves significant manual processes. The Clearwaters software aggregates, reconciles and validates data from more than 2,500 daily data streams and more than four million securities modeled across multiple currencies, asset classes and countries. Furthermore, have Clear water the platform uses the latest machine learning and AI tools to manage complex tasks around structured and unstructured data. The cleaned and validated data goes through The Clearwaters proprietary accounting, performance, compliance and risk solutions to provide clients with powerful analytics and on-demand, configurable reporting.

“Investors, asset owners and managers need timely, accurate and comprehensive information about their portfolios. Clear water fulfills this need, offering a unique value proposition that breaks through and resonates with the market,” said James Johnson, CEO, FinTech Breakthrough. “Their software is a game changer, driving better portfolio decisions by providing accurate, timely and comprehensive investment data. Clients can now radically simplify their current operational processes and establish greater accuracy, speed and scalability. Congratulations to Clear water on being our choice for the ‘Best Overall Accounting Platform’ award.”

Clear water is changing the investment landscape by providing software that continuously sources, ingests, models, reconciles and validates any investment security, a continuous process that eliminates data anomalies from clients’ investment portfolios. Furthermore, The Clearwaters single-instance, multi-tenant architecture allows us to take full advantage of the best innovations with our platform and make them immediately available to the entire Clear water customer base.

To learn more about Clearwater Analytics, speak with an expert today.

About FinTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership worldwide, the FinTech Breakthrough Awards program is dedicated to honoring excellence in financial technologies and services, companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including payments, personal finance, wealth management, fraud protection, banking, lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

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, Clear water offers award-winning investment portfolio planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk and order management. Every day, leading insurance companies, asset managers, companies and governments use The Clearwaters reliable data to drive efficient, scalable investment of more than 6.4 trillion dollars in assets spanning traditional and alternative asset types. Additional information about Clear water can be found at clearwateranalytics.com.

SOURCE Clearwater Analytics