Clearwater’s integrated system for investment accounting and reporting automates key operational tasks and helps treasury and accounting teams create more efficient and accurate processes.
As the investment portfolio grows and changes, data reconciliation and validation requirements become more complex and difficult to scale. As a result, reconciliation becomes slower, more expensive, and less accurate.
The daily reconciliation of our data greatly enhances our investment reporting and management capabilities. Having a clear and accurate picture of our portfolio allows us to make the best informed decisions for our organization.
Insurers rely on a variety of software systems for their investment accounting processes, but integrating these systems can be difficult, error-prone, and costly.
The Clearwater system is the kind of software I would have designed for investment accounting on my own. It has everything you need: data, general ledger interface, automation, quality accounting, reporting, and accuracy. The expertise that went into designing the Clearwater system is parallel to none, and it’s been a giant leap forward for us.
Legacy investment accounting and reporting systems can’t adapt to changing regulatory reporting requirements. Producing them manually is inefficient and difficult to do accurately.
Clearwater took great care of us and immediately showed its value even beyond the solution with the people who provide regulatory expertise and service. The people are so helpful and knowledgeable and it has been eye-opening to see how much more we can do with Clearwater!
Insurers exploring non-traditional asset classes encounter intricate and unfamiliar accounting and reporting considerations.
We’re very impressed with Clearwater’s extremely knowledgeable team; they’ve even educated us on complex asset classes’ statutory reporting. We had high expectations of Clearwater because of their reputation as an industry leader. From implementation onwards they’ve exceeded our expectations, especially with their forward-thinking dedication to the insurance industry.
Customer service is a key component for any technology, but support for many investment accounting systems is often slow to respond, expensive, and frustrating.
I tell everyone that Clearwater by far exceeds anything out there in the marketplace today. Beyond the fantastic system, Clearwater’s client services’ enthusiasm is absolutely contagious, and they are a great educational resource to help us understand how and why things move in the market. Our workload was transformed from relying on IT professionals to solve technology problems to collaborating with Clearwater, as coworkers and trusted experts.
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