Clearwater aggregates our clients’ investment data, validates and reconciles that data, and makes it easy to analyze and report on. All of this is done on a daily basis, giving our clients the most accurate and up-to-date information possible.
With Clearwater, the people accounting for and managing investments can do their jobs more efficiently and with greater accuracy than ever before.
Clearwater’s daily reconciliation, flexible reporting, and general ledger capabilities ensure that period-end close processes are efficient and accurate.
Clearwater’s accounting tools were built with the flexibility to handle multiple currencies and multiple asset classes (from simple to complex). The system provides customized general ledger entries for investment reporting in multiple accounting bases, including GAAP, Statutory, Tax, IFRS, and others. A suite of standardized reports automate relevant investment-related disclosures such as Fair Value Hierarchy and Level 3 Roll-forward.
Clearwater is also a flexible reporting system so disclosure reports and other standard balance sheet-, income statement-, and roll forward-related reports can be easily customized to provide the detailed accounting information investment accountants need.
The result of Clearwater’s automated data feeds and daily reconciliation of clients’ investment data is the most clean and accurate portfolio data set possible, enriched with third-party data and additional analytics to give users greater insight and transparency into their portfolio.
This data set feeds a variety of integrated reporting tools for investment policy compliance monitoring, performance measurement, and risk analytics.
Clearwater’s integrated reporting platform is available anytime, anywhere, and features shareable reports, custom dashboards, and other views for unprecedented portfolio transparency.
Clearwater users set custom controls to monitor compliance according to their investment policies and standard state regulations. All investment activity is checked against those controls daily, and tracked at the security level. Compliance can be tracked across multiple policies, and notifications are automatically sent if there is a violation. Any compliance policy changes or resolutions can also be documented and referenced for internal audits.
Clearwater enables investors to compare separate accounts, set custom benchmarks, and track the overall performance of their portfolios. Custom performance reports and return calculations are available and designed to meet applicable GIPS calculation standards for investment managers. Users have the capability to drill down into the underlying performance return data at the security level and track performance attribution per portfolio.
Clearwater offers insightful risk analytics to ensure investors have access to their portfolios’ exposure every day, not just at month-end. Our web-based risk monitoring solution provides access to critical financial and investment portfolio risk information so users are able to quickly answer pressing risk-related questions, including exposures by issuer, currency, country, duration, credit rating, and more. Users can also view benchmark comparisons and analyze other risk factors, including cash flow forecasting, credit events, shock analysis, value at risk (VaR), and historical trends and exposures.
Our clients use Clearwater to solve a variety of investment data-related challenges. These challenges vary according to regulatory requirements and business models, and we offer tools specifically built for a variety of unique needs. A few of these tools include:
Clearwater provides a variety of industry-specific tools to solve common data-related challenges, and helps organizations establish operational best practices for data management and reporting.
All clients have a dedicated service team of market experts. These teams guide new clients through implementation, offer unlimited system training, and provide ongoing process support for clients with specific needs.