ACERA Taps Clearwater Analytics to Transform Data Validation and Simplify Total Plan Reporting
Clearwater Analytics (NYSE: CWAN) has been selected by the Alameda County Employees' Retirement Association (ACERA) to provide data validation, shadow book of record accounting, and total plan reporting for their investment portfolio. The partnership aims to enhance ACERA's alternative assets management, which now represents over 35% of public pension funds' portfolios.
The Clearwater platform, equipped with Generative AI capabilities, will automatically aggregate and validate data across multiple sources, identifying anomalies and streamlining operational processes. Key benefits include improved accuracy for decision-making, reduced risk through real-time data validation, enhanced operational efficiency, and simplified total plan reporting with automated Investment Committee and Board Reports.
Clearwater Analytics (NYSE: CWAN) è stata selezionata dall'Alameda County Employees' Retirement Association (ACERA) per fornire validazione dei dati, contabilità di shadow book of record e reporting totale del piano per il loro portafoglio di investimenti. L'obiettivo della partnership è di migliorare la gestione degli attivi alternativi di ACERA, che ora rappresentano oltre il 35% dei portafogli dei fondi pensione pubblici.
La piattaforma Clearwater, dotata di capacità di Intelligenza Artificiale Generativa, aggrega e convalida automaticamente i dati provenienti da più fonti, identificando anomalie e semplificando i processi operativi. I principali vantaggi includono un miglioramento dell'accuratezza per il processo decisionale, riduzione del rischio attraverso la validazione dei dati in tempo reale, aumento dell'efficienza operativa e semplificazione del reporting totale del piano con report automatizzati per il Comitato di Investimento e il Consiglio.
Clearwater Analytics (NYSE: CWAN) ha sido seleccionada por la Alameda County Employees' Retirement Association (ACERA) para proporcionar validación de datos, contabilidad de shadow book of record y reporte total del plan para su portafolio de inversiones. La asociación tiene como objetivo mejorar la gestión de activos alternativos de ACERA, que ahora representa más del 35% de los portafolios de fondos de pensiones públicos.
La plataforma Clearwater, equipada con capacidades de IA Generativa, agregará y validará automáticamente datos de múltiples fuentes, identificando anomalías y optimizando procesos operativos. Los beneficios clave incluyen una mejor precisión en la toma de decisiones, reducción de riesgos a través de la validación de datos en tiempo real, mayor eficiencia operativa y simplificación del reporte total del plan con informes automatizados para el Comité de Inversiones y la Junta.
Clearwater Analytics (NYSE: CWAN)는 Alameda County Employees' Retirement Association (ACERA)로부터 데이터 검증, 그림자 기록 회계 및 투자 포트폴리오의 총계획 보고를 제공하기 위해 선정되었습니다. 이 파트너십의 목표는 ACERA의 대체 자산 관리를 향상시키는 것으로, 현재 공공 연금 기금 포트폴리오의 35% 이상을 차지하고 있습니다.
Clearwater 플랫폼은 생성적 AI 기능을 갖추고 있어 여러 출처의 데이터를 자동으로 수집하고 검증하며, 이상 현상을 식별하고 운영 프로세스를 간소화합니다. 주요 이점으로는 의사 결정의 정확성 향상, 실시간 데이터 검증을 통한 위험 감소, 운영 효율성 증대, 그리고 투자 위원회 및 이사회 보고서를 자동화하여 총 계획 보고를 단순화하는 것이 포함됩니다.
Clearwater Analytics (NYSE: CWAN) a été sélectionnée par l'Alameda County Employees' Retirement Association (ACERA) pour fournir une validation des données, une comptabilité de shadow book of record et un reporting total des plans pour son portefeuille d'investissement. Le partenariat vise à améliorer la gestion des actifs alternatifs de l'ACERA, qui représente désormais plus de 35 % des portefeuilles des fonds de pension publics.
La plateforme Clearwater, dotée de capacités d'IA générative, regroupera et validera automatiquement des données provenant de plusieurs sources, identifiant les anomalies et rationalisant les processus opérationnels. Les principaux avantages incluent une précision améliorée pour la prise de décision, une réduction des risques grâce à la validation en temps réel des données, une efficacité opérationnelle accrue et un reporting total simplifié avec des rapports automatisés pour le Comité d'investissement et le Conseil d'administration.
Clearwater Analytics (NYSE: CWAN) wurde von der Alameda County Employees' Retirement Association (ACERA) ausgewählt, um Datenvalidierung, Buchhaltung des Shadow Book of Record und Gesamtplanberichterstattung für ihr Anlageportfolio bereitzustellen. Ziel der Partnerschaft ist es, das Management alternativer Anlagen von ACERA zu verbessern, die nun über 35% der Portfolios öffentlicher Pensionsfonds ausmachen.
Die Clearwater-Plattform, ausgestattet mit Generative AI-Fähigkeiten, aggregiert und validiert automatisch Daten aus mehreren Quellen, identifiziert Anomalien und strafft betriebliche Prozesse. Wichtige Vorteile sind verbesserte Genauigkeit bei der Entscheidungsfindung, reduzierte Risiken durch die Validierung von Daten in Echtzeit, gesteigerte betriebliche Effizienz und vereinfachte Gesamtplanberichterstattung mit automatisierten Berichten für den Investitionsausschuss und den Vorstand.
- Selected by ACERA for comprehensive investment portfolio management
- Platform will manage portion of $7.3 trillion in assets under administration
- Expansion into public pension fund sector with growing alternative assets
- None.
Insights
This partnership represents a significant business win for Clearwater Analytics in the public pension fund sector. By securing ACERA as a client, CWAN strengthens its position in managing complex alternative investments data, which is becoming increasingly important as pension funds allocate more assets to alternatives. The deal highlights CWAN's competitive advantage in AI-enhanced data validation and reporting capabilities.
The partnership will contribute to CWAN's recurring revenue stream, as the company operates on a SaaS model managing
This deal signals Clearwater's strategic expansion in the public pension fund market, a sector with significant growth potential given the increasing complexity of pension fund portfolios. The implementation of their platform at ACERA serves as a valuable reference case for targeting other pension funds facing similar operational challenges with alternative investments.
The emphasis on their embedded Generative AI capabilities showcases Clearwater's technological edge in automating complex data processes. This competitive advantage is particularly relevant as the industry struggles with manual data handling and validation processes. The company's ability to address these pain points while managing substantial asset volumes positions them favorably for capturing more market share in the institutional investment space.
Public pension funds have significantly increased their allocation to alternative assets, now comprising over
ACERA Investment Operations Officer Serafin Lim stated, “The Clearwater Platform delivers accurate data reporting and a robust validation process for ACERA. As our Total Fund continues to grow and evolve to ensure long-term benefits for plan members, Clearwater’s innovative solutions enhance data integrity, streamline processes, and bring greater visibility into our alternative investment portfolios. This partnership will help us reduce risk, increase efficiency, and focus on managing the Total Fund effectively.”
Benefits to ACERA include:
- Improved accuracy and analysis to drive better operational and investment decision-making
- Reduced risk with real-time data validation and improved reporting
- Greater operational efficiency and resource optimization
- Simplified and accurate process for Total Plan Reporting with automated, accurate, monthly and/or quarterly Investment Committee and Board Reports
- Convenient, accessible engagement with data with immediate responses to even complex queries
“The complexity and volume of the data needs for alternative investments make it impossible to sufficiently scale existing operational resources without using excellent technology boosted by generative AI. We are thrilled that ACERA trusts us to partner with them to streamline their operational processes and achieve total plan reporting as they expand their alternative investment portfolio,” explains Scott Erickson, Chief Revenue Officer at Clearwater Analytics.
Contact an expert today for more information about Clearwater Analytics and how our solutions can support your organization.
About Clearwater Analytics
Clearwater Analytics (NYSE: CWAN), a global, industry-leading SaaS solution, automates the entire investment lifecycle. With a single instance, multi-tenant architecture, Clearwater offers award-winning investment portfolio planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk, and order management. Each day, leading insurers, asset managers, corporations, and governments use Clearwater’s trusted data to drive efficient, scalable investing on more than
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Claudia Cahill, Head of Communications and PR | +1 208-433-1200 | press@clearwateranalytics.com
Source: Clearwater Analytics
FAQ
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