Streamlined Investment Accounting
and Regulatory Reporting

Investment accountants have a full plate. You have to book journal entries, prepare financial reports and disclosures, reconcile activity and statements, field questions from regulators and auditors, maintain multiple accounting bases, compile NAIC investment schedules assemble board packages, and keep up with ever-changing accounting regulations. Wouldn’t it be great if you could streamline these processes—and do them with much more accuracy and precision? With Clearwater, you can.

Multi-Basis Accounting—GAAP, STAT, TAX, IFRS, etc.

By design, Clearwater is multi-basis. The system easily handles portfolios of varying complexity. Whether you only need single basis accounting (e.g., GAAP or STAT), or you need to account for a global portfolio with multiple accounting bases, with Clearwater, you’re covered. What’s more, the system is constantly evolving to incorporate new accounting rules and regulations.Learn more about Clearwater's multi-basis accounting capabilities.

“By choosing Clearwater, we’re taking steps to improve our investment accounting process consistent with a larger goal of working smarter and becoming more efficient. By not having to manually input trades or double check a majority of the calculations, this frees up our team’s resources to focus on other areas.”

–Christopher Stenwall, Senior Accounting Manager, CorePointe Insurance Company

Customized General Ledger Entries

Customized General Ledger Entries

With Clearwater, you can close your books with unparalleled accuracy and speed. Journal entries can be configured to match your specific chart of accounts and GL codes, which facilitates entry into your general ledger systems. Plus, all of the detailed data is available any time you need it to aid in the reconciliation and auditing of your entries.

Comprehensive NAIC Regulatory Filings (Schedule D, etc.)

Comprehensive NAIC Regulatory Filings

Staying up to date on changing NAIC guidance and incorporating changes for regulatory reporting and statutory reporting is challenging. Clearwater is constantly tracking and incorporating regulatory changes so your investment schedules (including Schedule D) comply with current NAIC and regulatory reporting requirements. Furthermore, the data can be loaded directly into your statement filing software. Learn more about Clearwater’s Statutory Accounting capabilities.

Complete Financial Statement Disclosures

Complete Financial Statement Disclosures

Preparing numerous investment disclosures for your financial statements and regulatory filing procedures is a cumbersome process. With Clearwater, you get a comprehensive set of investment disclosures that are available at the click of a button.

Financial Statement Disclosures You Need

  • SSAP 100 Fair Value Disclosure
  • SSAP 43R Impairments
  • Exhibit of Net Investment Income
  • Summary Investment Schedule
  • Year-End Financial Footnotes and Disclosures
  • Capital Gains and Losses
  • A.M. Best SRQ