CWAN Stock Recent News

Welcomes Adrien de La Grange as Head of Business Development in France, Amina Troger as New Head of Global Delivery for EMEA, and Jose Salas as Head of Partnerships & Alliances for EMEA LONDON and BOISE, Idaho , Oct. 15, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced the expansion of its EMEA leadership team with three strategic hires: Adrien de La Grange as Head of Sales in France, Belgium and Luxembourg; Amina Troger as new Head of Global Delivery for EMEA; and Jose Salas as Head of Partnerships and Alliances for EMEA. As Clearwater continues to localize its leadership in Europe, de La Grange will lead business development in France, Belgium and Luxembourg.

Clearwater Insights Empowers Financial Leaders with Comprehensive Investment Data for Strategic Peer Benchmarking BOISE, Idaho , Sept. 18, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has launched Clearwater Insights, a powerful peer benchmarking solution.

Fortitude Re, Securian Financial, T. Rowe Price, UBS and Wellington Management Among Firms Celebrated for Mastery in Investment Management Operations BOISE, Idaho , Sept.

Clearwater's Q2 earnings show strong revenue growth, with Q2 revenue increasing by 18.8% year-over-year, and impressive cash flow generation, more than doubling to $43.9M. The company maintains high revenue retention rates, with 99% gross retention and 110% net retention, aiming for 115% net retention by Q1 2026. Clearwater's already strong margin profile is improving even more, with a 32.1% levered free cash flow margin.

Generative AI Demonstrations, Interactive Learning, and Industry-Leading Insights Set the Agenda BOISE, Idaho , Sept. 3, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytic solutions, will host Clearwater Connect 2024 at the Boise Centre on September 17-18.

New Research Uncovers the High Costs of 'Business as Usual,' Underscoring the Need to Modernize Data Management BOISE, Idaho , Aug. 14, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today released its comprehensive 2024 State of Investment Data Management study. The study reveals valuable insights into the current and future trends of investment data management.

French Mutual Insurer Adopts Clearwater JUMP Unit-Linked Funds (ULF) to Automate Investment Operations BOISE, Idaho and PARIS , Aug. 6, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that La France Mutualiste selected Clearwater's cutting-edge platform to modernize its investment operations and reporting processes and has already onboarded all its unit-linked activities onto the Clearwater JUMP ULF platform successfully. The partnership marks a significant digital transformation for La France Mutualiste as it moves to automate manual tasks, enhance operational efficiency, and drive future growth.

CWAN reported strong 2Q24 results with revenue growth of 19% and adj. EBITDA margin of 31.3%, beating consensus estimates. ARR growth inflected back to >20% in 2Q24, indicating potential for revenue growth to accelerate. Strong demand for new products and improved cash generation support a positive growth outlook.

The headline numbers for Clearwater Analytics (CWAN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

New Commercial Paper (CP) Issuance Tool Provides Clearwater Clients with Comprehensive Overview, Processing, and Management of All Issuances BOISE, Idaho , Aug. 1, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced the availability of its CP Issuance tool for firms that issue commercial paper, with a modern workflow for CP issuance, a rates research module for generating custom reports and benchmarking, and a reporting engine for bespoke reports illustrating balance sheets, exposures, and performance. Clearwater's CP Issuance tool replaces a process that has been bogged down by spreadsheet-dependency, key man risk and resource-intensive manual data aggregation.