BOISE,
Idaho, June 15, 2022 /PRNewswire/ -- Clearwater
Analytics (NYSE: CWAN), a leading provider of SaaS-based investment
accounting, reporting, and analytics solutions, announced that it
has been named by IASA as the Solution Provider of the Year. IASA
announced its IMPACT Awards at the IASA XchangeTM event
in Baltimore.
IASA gives this award to a company that demonstrates
professional excellence in all business interactions, partners with
clients to create solutions to business-related challenges, and
promotes carrier/solution provider relations.
"With the continually changing economic environment, insurance
investment portfolios have become increasingly complex all while
regulations are constantly changing. Investment teams must keep up
with growing needs around these regulatory changes, which means
they need timely data, accurate reconciliation, and customizable
reporting. They need a proven and automated solution, that is
further enhanced with industry expertise to do the hard work for
them," said Susan Ganeshan, Chief
Marketing Officer, Clearwater
Analytics.
The Clearwater SaaS solution automatically aggregates
multi-asset portfolio data across sources, and then reconciles and
validates that data every day. This eliminates time-consuming and
error-prone manual processes and allows investment teams to work
quickly for fast decisioning and accurate reporting. Because
Clearwater is SaaS based, out-of-the-box support for the latest
regulatory compliance, performance, and risk monitoring is always
on.
"Using Clearwater, insurers know where their portfolios stand
each and every day and they have the timely information they need
for fast, confident decision-making," added Ganeshan. "We are
honored to receive this recognition from IASA, and believe it is a
testament to our commitment to support insurers across the globe
while delivering growth in AUM without additional headcount in
operations."
"I am immensely proud of the great work the IMPACT Award winners
accomplished over the past year in pursuit of their individual
mission," stated IASA CEO Kerry
Crockett, MBA, CAE, CMP Fellow, DES. "These member companies
and individuals embody the mission, vision, and values that IASA is
based upon, and their efforts are making a great difference in the
insurance industry."
About IASA IMPACT Awards
Each year, the Insurance Accounting Systems Association (IASA)
recognizes individuals and/or companies who have positively
impacted the insurance industry. In 2022, three new awards were
introduced to members, including: Carrier of the Year, Solution
Provider of the Year, and the DE&I Award. All awards are
merit-based and awarded based on their positive impact on and
commitment to the insurance industry. Nominees are submitted by
members and non-members; however, only member companies and
individuals are eligible to win. Nominations are reviewed by IASA's
Awards Committee and approved by the Board of Directors. Prior
honorees are not eligible to win. The awards are presented
in-person during IASA's annual, signature event, IASA Xchange™,
which was held this year on June 8 in
Baltimore, Md., at the
Baltimore Convention Center. Learn
more about the awards program here.
About Clearwater Analytics
As the industry-leading SaaS solution for investment accounting
and reporting, Clearwater enables growth of assets under management
(AUM) for more than 1,100 clients including pension plans,
governments, global insurers, asset managers, and corporations.
Each day, Clearwater automates data collection, reconciliation,
compliance, risk, and performance reporting across $5.9T of AUM with its comprehensive cloud
platform and best-in-class service team. Additional information
about Clearwater can be found at clearwateranalytics.com,
LinkedIn, and Twitter.
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SOURCE Clearwater Analytics