Clearwater Analytics Named Captive Services "Technology Firm of the Year"05-Dec-2013
Captive Review Names Web-Based Investment Accounting Provider as Top U.S. Technology Firm in Annual Awards Competition
BOISE, ID – December 5, 2013 — Clearwater Analytics was named Technology Firm of the Year for this year’s US Captive Services Awards, sponsored by Global Risk and Captive Review. The awards shortlist can be found at http://www.globalriskusa.com/awards.
The award recognizes service providers who have excelled over the past year with exceptional delivery and management of products that improve the functionality of captive insurers. Clearwater’s fast-evolving investment accounting and reporting solution allows captives to improve the accuracy of investment data, meet complicated reporting requirements, and ultimately, reduce risk.
Clearwater’s solution is flexible and intuitive and accommodates the full range of captive classes—pure captives, group captives, and reinsurance captives—and can be customized for different reporting formats and needs. It is the only web-based, integrated, and automated provider of investment accounting, reporting, and analytics.
Clearwater supports dozens of U.S.-based captives, both directly and through industry-leading captive investment managers. Regardless of the number of legal entities, portfolios, investment managers, or custody banks, Clearwater can aggregate, independently validate, and reconcile all of a captive entity’s investment information daily. Clearwater’s captive clients are using the accounting, reporting, and analytics functionality to see their investments in a whole new way.
“We are committed to providing a solution that benefits the captive market, and continually improving our product to meet the evolving needs of captives,” said Clearwater CEO Dave Boren. “We understand that captives face everyday challenges, such as complicated accounting and reporting requirements; limited resources to prepare investment accounting and regulatory filings; limited visibility into daily investment portfolio performance; difficulty tracking and enforcing investment policy guidelines; and more. Clearwater’s automated, software-as-a-service solution helps captives address all of these challenges head on.”
About Clearwater Analytics
Clearwater Analytics® provides web-based investment accounting and portfolio reporting and analytics for corporate treasuries, insurance companies, asset managers, and financial institutions. Clearwater’s daily-aggregated and reconciled solutions deliver the highest level of portfolio transparency available on the market today for captive clients such as Exchange Indemnity Company (Verizon) and CostCo, and captive investment managers such as Aon and SRS. Launched in 2004, with offices in New York, New York; Boise, Idaho; and Edinburgh, U.K., Clearwater Analytics reports on more than $950 billion in assets for thousands of institutional investors. For more information about Clearwater Analytics, visit www.clearwateranalytics.com.