Investment Accounting and Reporting White Papers

Our white papers offer an expert view into the intricacies and challenges of investment portfolio accounting, reporting and analytics for institutional investors. Each paper provides useful, actionable information your teams can use to improve investment accounting and reporting operations at your organization.

Preview each Clearwater whitepaper below, and download the full version to learn more.

Selecting the Ideal Investment Accounting and Reporting Solution

The Key Questions Every Institutional Investor Needs to Ask

Today, more than ever, institutions are looking to improve their current processes to reduce manual input, automate inefficient practices, or close their books faster. It can be challenging to know what characteristics to look for and what and questions to ask in order to find the optimal solution that meets the organization’s needs.

Selecting the Ideal Investment Accounting and Reporting Solution outlines the key characteristics institutions should look for when considering a new investment accounting and reporting solution.

The Evolution of Software

WHITE PAPER

When choosing an investment accounting, reporting, and reconciliation solution, you have more options than ever before. But solution providers’ technology buzzwords—the cloud, cross platform, outsourced, hybrid, installed—can make the software selection process unnecessarily complex and confusing. This abundance of variety can be overwhelming, especially when accompanied by ambiguous terminology.

Many accounting and investment teams just aren’t aware of the differences between installed, hosted, and software-as-a-service (SaaS) solutions. But behind those buzzwords are real distinctions, which can have real impacts on your bottom line.

The Evolution of Software examines the evolution of accounting, reporting, and reconciliation software solutions, and provides unambiguous insight into the different choices available today. Download this paper to learn about the dramatic benefits—and drawbacks—of different solutions.

Establishing Investment Accounting and Reporting Best Practices for Financial Institutions

Four Imperatives for Creating and Implementing an Ideal
Operational Framework

Accounting and finance professionals at financial institutions operate within a very complex world. Auditors and examiners scrutinize. Boards must be briefed and they expect all portfolio data to be complete, accurate, and immediately available. With growing investment balances across the industry, it’s imperative that the relevant stakeholders have access to automated, consolidated investment information that is actionable and timely in order to react to industry changes, answer questions, and make intelligent investment decisions.

MOVING INTO SEPARATE ACCOUNTS

PRACTICAL PLANNING CONSIDERATIONS CHECKLIST

Many investors strongly support the concept of separate accounts, yet they lack sufficient confidence in a plan for the operations changes they would need to make. This step-by-step checklist and planning guide will help institutional investors feel comfortable moving into separately managed accounts by ensuring they are prepared to make the move.

Investment Best Practices

Three Imperatives for Government Investment Officers

Government investment and accounting professionals face incredible pressure when it comes to managing the portfolios under their charge. Accounting rules change, markets swing, prices move, credit ratings shift overnight, and auditors scrutinize. And the call for faster, better, and leaner public institutions means any government-related activity—including investment management—is under the microscope.

ACHIEVING PORTFOLIO DIVERSIFICATION, TRANSPARENCY AND CONTROL

DISCUSSION WITH TREASURY EXPERTS

This paper outlines the importance implementing an internal infrastructure of policy and technology that will be critical for investors as they prepare for what could be a protracted period of market uncertainty. Given the right infrastructure, investors can still focus on safety of principal, liquidity and yield, without sacrificing diversification, transparency and control.

ASC 820 AND ITS APPLICATION TO CONVENTIONAL FIXED-INCOME INVESTMENTS

MARKET INSIGHT PAPER

The Financial Accounting Standards Board (FASB) issued Statement 157 (now ASC 820) to "define fair value, establish a framework for measuring fair value in Generally Accepted Accounting Principles, and expand disclosures about fair value measurements." The purpose of this market insight paper is to provide concise and pragmatic implementation guidance and a thought framework on ASC 820 and its application to conventional fixed income investments.

IMPACT ON INVESTMENT ACCOUNTING

MARKET INSIGHT PAPER

Recent accounting changes have had a significant effect on investment reporting, specifically FAS 157 (fair value accounting) and the new rules governing when and where to recognize other than temporary impairment (OTTI) under FAS 115-2. While the first affected mostly the way companies report on their fair value calculations, the latter impacted general ledger entries.

FAS115-2 – A PRACTICAL ANALYSIS

MARKET INSIGHT PAPER

The Financial Accounting Standards Board's (FASB) changes to its standards for mark-to-market accounting include a measure compelling investors to re-evaluate their other-than-temporary impairment (OTTI) conclusions and make material changes in their accounting policies to ensure compliance. This article is intended to provide a framework for understanding FAS 115-2 and the process of recognizing income and loss in a manner that is consistent with the FSP.

For more information and resources, visit the GAAP Accounting Standards Updates page.