Chosen for its funding accounting and reporting capabilities, the Clearwater platform automates and streamlines RiverStone knowledge 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 one view of a multi-manager technique, and enhance business experience.
Moreover, Clearwater removes the necessity to manually course of and reconicle knowledge from completely different sources and programs, whereas offering customers with a day by day complete view of a complete portfolio throughout all asset courses.
“By leveraging Clearwater’s platform, we now have a day by day complete view of our total portfolio throughout all asset courses,” stated Neil Taylor, group chief funding officer at RiverStone Worldwide. “Clearwater’s know-how and our elevated transparency will enable for data-driven funding choice making and assist our international development ambitions.”
“Our staff carried out RiverStone Worldwide in a outstanding four-month window and now supplies their managers with a ‘single pane of glass’ view of their total portfolio throughout all asset courses. Clearwater helps main international insurers in a direct relationship throughout the globe with over $6 trillion in property flowing by way of the system every day,” added Scott Erickson, chief income officer at Clearwater Analytics. “We assist international insurers and reinsurers equivalent to RiverStone Worldwide, in addition to U.S. and Bermuda-based insurers, and we have now a big presence throughout the European insurance coverage market, making Clearwater the de-facto resolution for funding accounting and reporting processes.”
