BOISE, Idaho — Clearwater Analytics, the leading SaaS solution for data management, reconciliation, accounting, and reporting for insurers, investment managers, corporations, and other institutional investors, announced today the launch of Fund Look-Through capabilities available on their platform.
Clearwater’s Fund Look-Through solution builds on Clearwater’s expertise in data aggregation, normalization, security master integrity, and consolidated, web-based reporting. The firm has applied its significant knowledge and expertise in custodial data to that of fund data. The look-through solution provides Clearwater clients with greater transparency by enabling them to view underlying assets, including drilling down multiple levels for funds of funds.
This new capability enables users to generate position reports that contain both directly held assets and member securities of a fund in the same view. The look-through capability allows consolidated risk exposure reporting, which facilitates analysis such as stress testing and credit risk calculations. Additionally, the look-through data can be used to generate regulatory reports such as the Solvency II QRT S.06.03.
“We are committed to providing our clients with the transparency they need to accurately analyze and report on their portfolio. Adding Fund Look-Through enables our clients to leverage our industry-leading data set to gain visibility into the underlying securities in the funds they hold.” said Gayatri Raman, Managing Director for International Markets at Clearwater Analytics.