Clearwater Analytics Holdings Inc. (NYSE:CWAN) is one of the most promising stocks according to Wall Street analysts. On July 2, Clearwater Analytics announced that Versicherungskammer Group selected Clearwater Analytics’ cloud-based platform to enhance its middle, back-office, and risk functions for investment operations.
The Versicherungskammer Group is the largest public insurer in Germany active in Bavaria, the Palatinate, Saarland, as well as in Berlin and Brandenburg. The decision to select Clearwater Analytics’ cloud-based platform follows an operating model review initiated in 2024 and a subsequent rigorous selection process.
A wide shot of a large financial data center.
The partnership shifts Versicherungskammer’s investment operations strategy and is central to its goal of future-proofing the company’s investment capabilities. Additionally, the partnership allows the company to now focus on enhancing data quality, supporting decision-making processes, and improving risk and performance management.
Clearwater Analytics Holdings Inc. (NYSE:CWAN) develops and provides a SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting services internationally.
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Disclosure: None. This article is originally published at Insider Monkey.