Clearwater Analytics logo

Clearwater Analytics

Investment accounting and reporting platform expanding into front office

Clearwater Analytics provides cloud investment accounting, reconciliation, performance, compliance and risk reporting for insurers, asset managers and corporate treasuries. Through the 2025 acquisitions of Enfusion, Beacon and Bistro it is assembling a front-to-back platform, now with a generative AI layer on top.

GAII take
Rapid acquisitive build-out creates integration risk; test whether front-to-back data actually flows natively before consolidating vendors.
Website
cwan.com
Headquarters
Boise, ID, USA
Founded
2004
Company type
Incumbent
Latest round
Not applicable - public company (NYSE: CWAN); IPO September 2021
Status
Active — Acquisitive: Enfusion ($1.5bn, completed April 2025), Beacon (~$560m, March 2025), Bistro from Blackstone ($125m, March 2025), Wilshire Advisors analytics ($40m
Also in
Quant, Portfolio & Trading
Buyer
Asset managersCorporates & IRHedge funds
Asset class
Multi-assetFixed income & credit
Workflow
Reporting & IRComplianceRisk & monitoring
Ai capability
Generative contentAgents & automation
Delivery
SaaS application

GAII ID GAII-T0103 · Updated 2026-10-22 · Compiled from public sources for educational and informational purposes. Not investment advice.