InsuranceAsia News Recognizes Clearwater
Analytics' Excellence in Investment Management Technology
BOISE,
Idaho and SINGAPORE,
Jan. 29,
2024 /PRNewswire/ -- Clearwater Analytics (NYSE:
CWAN), a leading provider of SaaS-based investment management,
accounting, reporting, and analytics solutions, today announced
that InsuranceAsia News has named Clearwater Analytics the winner
of the Technology Provider of the Year Excellence Award for the
second year in a row.
The InsuranceAsia News Excellence Awards celebrate the best
firms in the Asia Pacific
(re)insurance market, recognizing those companies for their
exceptional solutions, innovation, and commitment to their
customers. These awards highlight leaders like Clearwater Analytics
who play a crucial role in helping insurers achieve efficiency,
analytical superiority, and leverage new technologies to
future-proof their business and the industry.
"Clearwater Analytics is leading the charge in driving
efficiency and automation across the investment lifecycle for
insurance providers worldwide," said Shane
Akeroyd, Chief Strategy Officer and President, Asia Pacific at Clearwater Analytics. "This
recognition is more than an honor – it's an inspiration. It fuels
our commitment to continue pioneering state-of-the-art investment
management solutions for insurers."
Trusted by insurers around the world, the Clearwater SaaS
solution consolidates multi-asset portfolio data from across
various sources while providing accurate accounting and reporting
capabilities. Insurers benefit from Clearwater's exceptional data aggregation,
validation, and reconciliation software, which enhances data
quality, reduces data management costs, and eliminates
time-consuming manual reconciliation processes.
Our commitment to reinvesting approximately 25% of revenue into
research and development positions us to capitalize on emerging
technologies. Our dedicated engineering teams drive innovation to
accelerate growth and improve operational efficiency. An example of
this commitment is our pioneering work on leveraging generative AI
technology that will enable clients to engage with their data in a
conversational manner.
This award adds to Clearwater's
growing list of industry recognition, which includes being named
the Chartis RiskTech Buyside Investment Lifecycle award winner, the
2023 Captive Review award winner for Software Solution of the Year,
and Insurance Asset Risk Award for IFRS 9 Solution Provider of the
Year. These awards underscore the competitive advantage,
significant data quality improvements, and remarkable efficiencies
the Clearwater platform delivers
to its clients.
To learn about what Clearwater
is doing for its Asia Pacific
clients, talk to an expert today.
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, Clearwater offers award-winning investment
portfolio planning, performance reporting, data aggregation,
reconciliation, accounting, compliance, risk, and order management.
Each day, leading insurers, asset managers, corporations, and
governments use Clearwater's
trusted data to drive efficient, scalable investing on more than
$6.4 trillion in assets spanning
traditional and alternative asset types. Additional information
about Clearwater can be found
at clearwateranalytics.com.
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SOURCE Clearwater Analytics