Chosen for its funding accounting and reporting capabilities, the Clearwater platform automates and streamlines RiverStone information consolidation, funding accounting, commerce reconciliation, and reporting processes.

As well as, RiverStone will utilise Clearwater to assist diversify its funding technique, scale its enterprise rapidly, consolidate the only view of a multi-manager technique, and enhance business experience.

Moreover, Clearwater removes the necessity to manually course of and reconicle information from totally different sources and programs, whereas offering customers with a each day complete view of a complete portfolio throughout all asset courses.

“By leveraging Clearwater’s platform, we now have a each day complete view of our whole portfolio throughout all asset courses,” mentioned Neil Taylor, group chief funding officer at RiverStone Worldwide. “Clearwater’s expertise and our elevated transparency will permit for data-driven funding choice making and assist our world progress ambitions.”

“Our group carried out RiverStone Worldwide in a outstanding four-month window and now gives their managers with a ‘single pane of glass’ view of their whole portfolio throughout all asset courses. Clearwater helps main world insurers in a direct relationship throughout the globe with over $6 trillion in property flowing by the system each day,” added Scott Erickson, chief income officer at Clearwater Analytics. “We assist world insurers and reinsurers equivalent to RiverStone Worldwide, in addition to U.S. and Bermuda-based insurers, and we’ve got a big presence throughout the European insurance coverage market, making Clearwater the de-facto resolution for funding accounting and reporting processes.”