CWAN

Clearwater Analytics Holdings, Inc. provides a cloud-based investment accounting and reporting platform for institutional investors including insurance companies, asset managers, pension funds, and corporations. The company's SaaS platform automates investment data aggregation, accounting, compliance, and reporting for complex investment portfolios across asset classes. Clearwater serves thousands of clients globally managing trillions in assets, providing daily portfolio accounting, reconciliation, performance measurement, and regulatory reporting. The company helps clients improve operational efficiency, reduce risks, and gain investment insights through its platform. Founded in 2004 and headquartered in Boise, Idaho, Clearwater went public in 2021. The company benefits from mission-critical services, high switching costs, subscription revenue model, strong customer retention, and growing market opportunities in investment operations technology. Clearwater has demonstrated consistent revenue growth and improving profitability. The company faces competition from legacy accounting systems, in-house solutions, and other fintech providers, along with implementation complexities and customer concentration. Clearwater continues to invest in platform capabilities, international expansion, and market penetration to serve global investment accounting requirements.