Clearwater Analytics completes acquisition of Wilshire Advisors’ analytics solutions

Clearwater Analytics Holdings, Inc. (NYSE: CWAN), a prominent provider of SaaS-based investment management solutions, has successfully completed its acquisition of various analytics solutions from Wilshire Advisors LLC, significantly enhancing its risk and performance analytics capabilities. The acquisition includes Wilshire Axiom, Wilshire Atlas, Wilshire Abacus, and Wilshire iQComposite. These solutions are set to be integrated into Clearwater Analytics’ existing offerings to deliver a robust and comprehensive product portfolio for its clients.

Enhanced Analytical Capabilities for Investment Management

The newly formed Clearwater Wilshire Analytics will bolster analytical features essential for investment managers and institutional asset owners, such as public pension plans, insurers, foundations, and endowments. The integration allows users to perform sophisticated performance attribution analyses, including both Brinson-style and factor-based methods, and comprehensive risk decomposition of investment portfolios. Additionally, the acquisition facilitates the inclusion of user-defined risk models, enhancing the customization of risk analysis for diverse client needs.

Advanced Tools and Metrics for Strategic Decision-Making

Clients will also gain access to advanced portfolio construction tools that incorporate benchmarks and constraints, along with capabilities for back-testing portfolios. What-if analysis features will enable clients to evaluate the potential impacts of various investment strategies and market conditions on their portfolios. Clearwater Analytics will continue to provide essential metrics such as the Sharpe Ratio, Jensen’s Alpha, and detailed security-level computations that allow for results aggregation by sector, duration bucket, and more.

A Unified Platform for Operational Efficiency and Growth

Sandeep Sahai, CEO of Clearwater Analytics, highlighted the strategic significance of the acquisition, stating, “Partnering with Wilshire and bringing their robust, time-tested models into our platform is a momentous step for us. Our vision is to create the preeminent investment management solution for firms around the globe. Clearwater’s integrated platform eliminates the need for multiple data reconciliations, serving as a reliable singular source of truth.” He added that this integration reinforces Clearwater’s commitment to data accuracy, operational efficiency, and client growth.

The acquisition is expected to make Clearwater a leader in providing comprehensive and powerful risk and performance solutions, enhancing the company’s ability to meet the sophisticated needs of its clients.