Clearwater Analytics, a world wide SaaS solutions service provider, declared currently that the Office environment of the Chief Fiscal Officer (OCFO) of the Government of the District of Columbia (the District) has selected Clearwater’s expense data aggregation and reporting answer.
The OCFO’s expenditure plan is to be certain the protection, liquidity, and incremental return on financial investment of its money property. By utilizing Clearwater’s technologies at the main of its day-to-day expenditure functions, the OCFO can continue on to meet up with these objectives, even though increasing total transparency and effectiveness in its cash administration and expense oversight.
Clearwater provides the OCFO with consolidated portfolio operations. The internet-based method provides automation at important spots on the knowledge pipeline which include custody and other third-party resources which are pulled and reconciled every day, feeding sophisticated tools for reporting and analytics. The consequence is operational effectiveness and accuracy, and a resource of vital portfolio information and facts to assist conclusion generating and compliance reporting.
“Clearwater gives us higher accessibility throughout service locations. As an aggregator of banking and expense facts, Clearwater delivers fiscal investigation for the District’s custody associations, investment decision supervisors, and other technology distributors,” said Grace Lee, Economical Investment Supervisor at the Office of the Main Monetary Officer. “We have initiated a new treasury administration method and taken advantage of other products and services and offerings that have been basically much too advanced to contemplate in the past.”
Clearwater aids hundreds of institutional traders realize increased accuracy, transparency, and effectiveness in their every day investment functions. The Clearwater option reviews on more than $5.5 trillion in assets daily.
“The OCFO’s adoption of impressive technologies like Clearwater tends to make them a chief among US state and community governments,” mentioned Scott Erickson, Chief Working Officer at Clearwater. “They are ahead of the curve in greedy and applying the elementary benefits of automation and managed services for crucial tasks like reconciliation. We are so psyched to function with their group.”
About Clearwater Analytics
Clearwater Analytics is a world wide business leading SaaS alternative for automated investment info aggregation, reconciliation, accounting, and reporting. Each individual day, the Clearwater remedy reviews on more than $5.5 trillion in assets for shoppers that include things like top insurers, asset administrators, corporations, pension programs, governments, and nonprofit companies – aiding them make the most of their investment decision portfolio facts with a environment-class product or service and client-centric servicing. Expense pros in 50 countries have faith in Clearwater to supply well timed, validated financial investment data and in-depth reporting. Extra details about Clearwater can be identified at www.clearwater-analytics.com, LinkedIn, and Twitter.
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