Investment Managers
Investment managers need a modern operations solution that is automated, efficient, and scalable.
Welcome to Clearwater.
A web-based solution for core operational needs.
Clearwater automates many of the data-related challenges investment managers face so they can focus on the things they do best.
- 1 Reconciliation and Data Validation
- 2 Maintaining Control of Data
- 3 Complex Asset Classes
- 4 Integrating Multiple Systems
- 5 Managing Composites
- 6 Expanding Technology
- 7 Accessing Custodian Data
- 8 Software Support
- 9 Regulatory Changes
- 10 Client Communication
In-house reconciliation systems and processes are manually-based, and are inherently inefficient and unscalable.
The Clearwater Way
- Innovative technology eliminates manual processes through automation
- Daily tri-party reconciliation between trading system data, custody bank feeds, and Clearwater’s independent accounting engine
- Suite of investment manager tools offers a transparent view of reconciliation results
We love that Clearwater reports give us the ability to customize, filter, and sort reports exactly how we want them at the click of a mouse. And because of the daily data aggregation and reconciliation, we know that these reports are accurate.
As AUM increases, daily operations functions grow more complex and disjointed, and investment managers lose data access and control.
The Clearwater Way
- An integrated system built on one set of daily reconciled and fully validated data
- Web-based solution is accessible anywhere, and Clearwater’s suite of investment manager tools provides up-to-date transparency into file receipt, reconciliation processing, reconciliation results, trade details, and more
- Automation provides seamless scalability as AUM grows, asset classes are added, employee headcount changes, new custodian connections are built, and new business is generated
As CIO, I can come back from a conference or client meeting and have an idea of where everything's positioned and where we need to focus our time. Clearwater gives us that high-level clarity.
Clients and prospects have complex portfolio needs, yet investment manager solutions aren’t equipped to handle complex asset classes.
The Clearwater Way
- A multi-asset class and multi-currency solution enabling firms to proactively change or adapt their investment strategy, no matter how complex or non-traditional the asset
- Constantly evolving with client needs and industry changes, and defining accounting and reporting best practices for new and complex asset classes
Clearwater allows us to strategically scale and accommodate our new client growth, as well as provide our current clients with a compelling reporting solution. Clearwater’s ability to easily and effectively report on large, sophisticated portfolios provides another layer of efficiency for Beacon Pointe, and truly aligns with our driving principle of ensuring that our clients’ best interest is the force behind everything we do.
Investment managers rely on a variety of systems and data sets to meet their business needs, but integrating those systems is difficult and requires inefficient manual workarounds.
The Clearwater Way
- An integrated system with data aggregation, reconciliation, accounting, performance calculation, billing, post-trade compliance monitoring, composite management, a client portal, statement generator, and others
- Fully managed data connections with custodians, data vendors, index providers, and more
The Clearwater system has effectively standardized the delivery of accounting data, portfolio performance, and investment policy compliance for our firm.
Performance must be tracked according to strict guidelines, a process that is inefficient, difficult, and often error-prone.
The Clearwater Way
- Easy-to-use composite manager tool for efficient documentation throughout the quarter
- Centralized document storage and notes tracking, including on-demand audits of when and why accounts changed, and who changed them
Clearwater has been a fantastic tool for simplifying our processes so we can spend more time focusing on our clients and not spend all our time figuring out how to get reports to work.
Outdated software is difficult to update and dependent on inefficient manual processes, so operational costs increase as AUM grows.
The Clearwater Way
- An automated, integrated, and easy-to-use solution for data aggregation, portfolio accounting, reconciliation, reporting, and other operational functions
- A secure platform that is updated frequently and seamlessly, and accessible at any time through a web browser
- Constant innovation so the value of Clearwater continuously grows over time
Clearwater has the ability to continuously provide updates, change as rules change, and grow with the firm—all automatically—meaning we don’t have to alter our processes every time something inevitably changes.
Gaining access to custodian data and maintaining those connections is difficult, time-consuming, and costly.
The Clearwater Way
- Seamless, Clearwater-led establishment of new custodian data connections into the Clearwater reconciliation system
- More than 650 current custodian connections and counting, and more
The beauty of Clearwater is that everything is in one place. We have multiple custodians, so having all that data in one customizable system makes a huge difference.
Software support is a key component of any technology system, but support for investment manager systems is often reactive, expensive, and a burden to operations teams.
The Clearwater Way
- Industry and system experts help investment managers transform their operational processes to match industry best practices
- Unlimited training is always available for new and experienced users, from the initial system transition through ongoing day-to-day use of the system
Clearwater truly acts like a partner. They are very client service-focused and flexible when we have any requests. We definitely had high expectations for the system and they have delivered on them.
Investment managers must comply with a variety of regulatory bodies. Regulations frequently change, but accounting and reporting systems are slow to adapt and difficult to update.
The Clearwater Way
- System functionality is continuously updated to help firms meet compliance with evolving rules like relevant SEC regulations, GIPS requirements, Solvency II reporting, NAIC updates, and other regulatory bodies
- Clearwater's industry experts monitor the regulatory environment to understand what new regulations mean, and help clients to be prepared when they take effect
Not only is Clearwater responsive to our questions, but they are true insurance industry experts. They proactively stay abreast of the most recent NAIC guidance and ensure that their clients know the most important information, and that their solution is updated to address any changes before they take effect. With Clearwater we are never playing catch-up.
Clients and stakeholders expect accessible and easy-to-consume reports and statements, but reporting systems are often inflexible, hard to integrate, and limited in format.
The Clearwater Way
- Fully integrated web portal and statement generator backed by the full Clearwater data management system
- Customizable and shareable reports featuring only the most relevant and impactful data
- Daily validated data provide end clients assurance that the information they see in statements and on the Clearwater system is trustworthy, accurate, and up-to-date
One thing we hear over and over from our clients is how happy they are with the level of detail they get with Clearwater, and how quick Clearwater is to respond to any questions or requests.
Clearwater's Data Management and Validation Process
Clearwater’s web-based solution integrates key operational functions into a single, unified platform.
A suite of investment manager tools for:
- Billing
- Reconciliation
- Transparency
- Composite Management
- File Delivery
Investment Managers Trust Clearwater
J.P. Morgan Asset Management’s top priorities are to provide clients with investment solutions and excellent service. Clearwater Analytics has been our trusted partner for investment accounting and reporting services since 2007, and together our firms are committed to delivering outstanding outcomes for clients.
Clearwater’s automated data aggregation and analytics allows us to closely monitor compliance and risk daily, across our accounts. We’re automatically noticed when an issue arises, so we always know we’re well informed about the state of our investments.
I had done accounting for FAS 115-2 before using an Excel spreadsheet, so I know how difficult it is. Having a system capable of handling FAS 115-2 requirements saves us three to five hours per relationship, per month. That’s huge, not only in terms of the time saved, but also for eliminating potential human error.
I cannot emphasize the importance of our Clearwater partnership enough. It gives us the confidence that if our clients have any questions about their data, we can always rely on Clearwater to find the answer. The level of confidence that Clearwater gives us has made our jobs so much easier.
Research Report
2019 Preparing for Change: CECL Survey Report
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2019 Investment Operations Survey Report
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Download our survey report and see how you compare to your peers.