Company: CWAN
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-008169
Chunk: 29

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1
Chunk 29
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 which have assets in unit-linked funds. With JUMP, we have additional capabilities providing a modular front, middle and back office solution to investment managers, private banks, and insurers which we have grouped into the following offerings:

•Portfolio management and order management

•Unit-linked funds

•Tri-partite templates

•Full trade life cycle 

The enhanced capabilities acquired from JUMP are complemented by our add-on modules for Alternative Assets, Clearwater Prism, Multi-GAAP and Self-Service.  

Clearwater Wilshire Analytics

We acquired Wilshire Technology in April 2024 to provide enhanced analytical capabilities for investment managers and institutional asset owners. The Clearwater Wilshire Analytics platform helps clients calculate performance and risk attribution, assist with security-level portfolio construction, uncover new strategies, access high-quality portfolio models, and identify investment opportunities that maximize returns and mitigate risk. As a result, investment teams are able to significantly improve client satisfaction and drive faster growth of assets under management compared to the market.

Our Clients

Clearwater serves a broad universe of institutional clients across multiple end-markets. Today, our largest client end-markets are asset management, insurance and corporate treasury. We are also growing our client base in the public sector with numerous state and local governments and government entities. While these end-markets and their clients can be quite different from each other, ultimately all of our clients need timely, accurate and comprehensive information on their investments in order to effectively make capital allocation and portfolio decisions, manage risk, measure performance, comply with regulations and communicate to various stakeholders both internally and externally. Chief Financial Officers, treasurers, controllers and Chief Operating Officers select our platform to deliver a holistic solution consisting of data aggregation, accounting book of record (ABOR), multi-basis reporting, powerful analytical tools and other key features.

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Table of Contents

As of December 31, 2024, we had over 1,400 clients across 49 countries with over $8.8 trillion of global invested assets on our platform. In addition, as of December 31, 2024, we had 100 clients who contributed at least $1,000,000 in annualized recurring revenue. Our diversified, blue-chip client base of insurance companies, asset managers and large corporations have $4.4 trillion, $2.7 trillion and $1.1 trillion in assets on our platform, respectively, as of December 31, 2024. In addition, SLED (state, local and education) entities, and bank/community foundations have $