Accurate and Timely
When it comes to investments, accurate data is everything. Investment and accounting teams face continuous scrutiny from boards, regulators, and auditors. Navigating ever-changing accounting rules, incorporating new security types, and staying on top of shifting market conditions are constant challenges. You need an insurance accounting and statutory reporting solution that delivers robust, audit-quality investment data; a solution that puts actionable information at your fingertips and is available anytime, anywhere. You need a partner who is dedicated to helping you stay up-to-date on the latest accounting guidelines and regulations. You need Clearwater.
Daily Aggregation From Safekeeping Locations and Asset Managers
No matter where your assets are held, Clearwater aggregates all of your investment data from custody banks, safekeeping locations, and depository institutions. Our proprietary solution does all the hard work for you, seamlessly integrating all positions and transactions for your entire portfolio.
Automated Data Integration, Reconciliation & Validation
- Interest Income
- Trade Errors
Automatic Data Integration From Third-Party Providers
There’s nothing manual about Clearwater. The system automatically pulls investment security characteristics (i.e., credit ratings, pricing, factors, etc.) from major data providers, including the NAIC, and automatically integrates them into a robust, audited security master file that is updated daily.
Thorough Reconciliation & Validation
While other solutions stop at basic cash and position reconciliation, with Clearwater, that’s just the start. Our powerful proprietary solution automatically performs numerous, detailed reconciliations and checks every day to ensure the accuracy of your portfolio.