Clearwater
Investment accounting and analytics platform for insurers and asset managers with AI-powered reporting and compliance.
What it does
Clearwater Analytics is a SaaS investment accounting and analytics platform used by insurance companies, asset managers, and corporate treasuries to automate investment accounting, reporting, and compliance across fixed income, equities, and alternative investment portfolios. AI capabilities include AI-powered automated reconciliation matching portfolio data against custodian records and flagging discrepancies, machine learning anomaly detection identifying unusual accounting entries, automated regulatory reporting generating NAIC, IFRS 9, and GAAP-compliant investment schedules, and AI-assisted classification of complex investment instruments. Clearwater processes over $7 trillion in assets under administration.
Why AI-ENHANCED
Clearwater Analytics is an established investment accounting platform that has integrated AI reconciliation automation, machine learning anomaly detection, and intelligent regulatory report generation into a mature investment portfolio accounting product.
Best for
Insurance companies, large asset managers, and corporate treasuries use Clearwater for automated investment accounting - AI reconciliation eliminating manual matching and regulatory report automation satisfying complex requirements.
Limitations
Clearwater is built for institutional investment portfolios — small investment firms and non-financial companies have no applicable use case.
Clearwater's enterprise pricing reflects its institutional client base — contracts run hundreds of thousands to millions annually.
Configuring Clearwater requires deep knowledge of investment instruments, accounting standards, and regulatory requirements.
Alternatives by segment
| If you need… | Consider instead |
|---|---|
| Portfolio management and analytics | BlackRock Aladdin |
| Investment data management | Addepar |
| Insurance investment accounting | Ssnc |
Pricing based on assets under administration. Not published. Enterprise contracts start at hundreds of thousands annually. Annual contracts.
