Web-based investment accounting and reporting solutions: the real value of Clearwater Analytics.
Well known as a provider of
web-based investment accounting and reporting solutions for insurance
companies, Clearwater Analytics has captured our attention by its capacity to
understand its ecosystem in terms of market share and trends.
Until now, its commitment remains solid to provide web-based investment
accounting and portfolio reporting and analytics for corporate treasuries,
insurance companies, and asset managers. Among its clients Connectikpeople.co
has captured: Group Health Companies, The Main Street America Group, Savings
Bank Life Insurance Company of Massachusetts, SCF Arizona, The Warranty Group,
and WellCare.
Launched in 2004, with offices in New York, New York, Boise, Idaho, and
Edinburgh, U.K.; Clearwater Analytics reports on about $960 billion in assets
for thousands of
institutional investors.
Henceforth its clients can harness the availability of several new features
and reports designed to facilitate reporting on growing asset classes, identify
portfolio risks, and further automate reporting needs.
Connectikpeople.co recalls that, Clearwater has added more functionality
for Legal Entity Identifiers (LEI) and created new statements to assist clients
in filling out Schedule BA and Supplemental Investment Risk Interrogatory
reports.
The enhanced and automated LEI functionality is launched to support the
addition of the identifier numbers on any report, using data from a third-party
provider; and Clearwater’s new Schedule BA functionality helps insurance
companies, further support the growing asset class.
Clearwater has also added additional functionality to help insurance
companies prepare annual survey reports for A.M. Best, Fitch, and S&P
ratings providers. Connectikpeople.co can observe that, new functionality
includes templates to help facilitate the reporting of the C-1 Asset Risk and
Liquidity Survey for S&P, the Supplemental Investment Survey for Fitch, and
selected parts of A.M. Best Reporting, including the Single Large Exposure and
Mortgage-Backed Securities Exposure reports, as well as the Portfolio Analysis
section.
A note of 8 out of ten rewards the ability for Clearwater to go forward by satisfying
the needs of its clients.
