Clearwater Analytics Holdings, Inc.CWAN

Clearwater Analytics states its platform embeds GenAI and AI Agents to accelerate insights via network effects and data.

“CWAN benefits from powerful network effects. With our single instance, multi-tenant architecture, every client, whether new or existing, enriches our global data set by making it more complete and accurate. Our software continually sources, ingests, models, reconciles and validates the terms, conditions and features of every investment security held by all of our clients. Through this continuous process, we are able to identify and adjudicate data discrepancies that otherwise could introduce error and risk into our clients’ investment portfolios. We believe that a meaningful competitive advantage of this network effect is that we are increasingly seen as the best and most accurate source of investment management data and analytics in the industry. We believe that this architecture and consolidated dataset offers clients a unique ability to accelerate time-to-insight and efficiency through generative artificial intelligence (“GenAI”), artificial intelligence agents (“AI Agents”) and other cutting-edge technologies embedded into the CWAN platform.”

Clearwater reports 10x increase in clients using agentic workflows and nearly 1000 AI agents available across client assets.

““The industry is changing at an unprecedented pace. Portfolios span public and private assets, data volumes are exploding, and clients need real-time intelligence. Since Clearwater Connect, we’ve seen a 10x increase in the number of clients using agentic workflows. We now have nearly 1,000 AI agents available for deployment across more than $10 trillion in client assets, reducing manual reconciliation by 90%, accelerating regulatory reporting by 80%, and speeding close cycles by 50%,” continued Sahai. “The foundation we’re building—integrating and strengthening Enfusion, Beacon, and our core platform with AI, natively handles the complexity of today’s global portfolios. Looking ahead, we look forward to accelerating our focus and ability to solve the industry’s hardest problems, deliver the agentic solutions our clients need, and lead the future of investing.””

Clearwater embedded agentic AI into its Beacon platform to accelerate model validation and risk analysis.

“• CWAN embedded agentic AI capabilities directly into its Beacon risk and quantitative analytics platform to significantly accelerate model validation, and exposure analysis for institutional investors. The AI operates within Beacon’s core calculation engine on live portfolio data, eliminating manual workflows and enabling near real-time risk insights. This enhancement allows risk teams to validate models faster, run natural-language scenario analysis, and automate complex risk workflows with full auditability and governance.”

Clearwater states its architecture enables acceleration via GenAI and AI agents embedded in the platform.

“CWAN benefits from powerful network effects. With our single instance, multi-tenant architecture, every client, whether new or existing, enriches our global data set by making it more complete and accurate. Our software continually sources, ingests, models, reconciles and validates the terms, conditions and features of every investment security held by all of our clients. Through this continuous process, we are able to identify and adjudicate data discrepancies that otherwise could introduce error and risk into our clients’ investment portfolios. We believe that a meaningful competitive advantage of this network effect is that we are increasingly seen as the best and most accurate source of investment data and analytics in the industry. We believe that this architecture and consolidated dataset offers clients a unique ability to accelerate time-to-insight and efficiency through generative artificial intelligence (“GenAI”), artificial intelligence agents (“AI Agents”) and other cutting-edge technologies embedded into the CWAN platform.”

Clearwater saw 10x increase in clients using agentic workflows and supported over 900 AI agents as of Dec 2025.

“• AI-Enabled Automation : Our architecture and centralized dataset allow us to deliver increased automation through next-generation technologies such as GenAI, AI agents and other automated AI workflows both internally and externally for clients. These technologies are increasingly driving efficiency through reductions in manual reconciliation efforts, report generation and process automation. CWAN saw the number of clients using agentic workflows increase by more than 10x through 2025, and as of December 31, 2025, the CWAN platform supported over 900 AI agents created by CWAN clients and internal teams.”

Clearwater leverages GenAI, AI agents and ML to automate data aggregation, reconciliation and validation.

“• Single Source of Truth for the Investment Management Workflows: We completely eliminate the need for clients to manually process and reconcile data from different sources and systems. By leveraging GenAI, AI agents and other automated AI workflows, machine learning (“ML”), automation and our direct connections with approximately 2,700 custodians, more than 700 managers, more than 1,300 trading data sources and all of the leading third-party market data providers, our platform automates data aggregation, data reconciliation and data validation of each security in our clients’ investment portfolios. This allows us to deliver our clients data from a “golden copy” of investment portfolio data that is accurate, auditable and traceable.”

As of Dec 2025 Clearwater had over 400 daily automated AI workflows and over 900 AI agents in use.

“software instances. As new features are developed and deployed, they are made available to all clients. Our system leverages the latest GenAI, AI agents and other automated AI workflows and machine learning tools to ingest both structured and unstructured data that is transformed into a universal security model that enables network benefits for our clients. As of December 31, 2025, CWAN had over 400 daily automated AI workflows running on its platform, and clients and internal teams were using over 900 AI agents to augment reconciliation, reporting, portfolio analysis and client communication, and automate manual tasks.”

Clearwater offers Agentic Client Interaction as a cross-sold product and plans to expand sales force.

“For all markets, we provide a suite of established “Hero Products” including Investment Accounting, PMS, and OEMS, with which we typically procure new customers. We offer additional products and functionality that are cross-sold, and increasingly contribute to new logo wins, including Risk & Performance, Alternatives, Reporting, and Agentic Client Interaction. We plan to continue expanding our sales force and adding new target end-markets in the periods ahead.”

Clearwater states its architecture enables acceleration via GenAI and AI agents embedded in the platform.

“CWAN benefits from powerful network effects. With our single instance, multi-tenant architecture, every client, whether new or existing, enriches our global data set by making it more complete and accurate. Our software continually sources, ingests, models, reconciles and validates the terms, conditions and features of every investment security held by all of our clients. Through this continuous process, we are able to identify and adjudicate data discrepancies that otherwise could introduce error and risk into our clients’ investment portfolios. We believe that a meaningful competitive advantage of this network effect is that we are increasingly seen as the best and most accurate source of investment management data and analytics in the industry. We believe that this architecture and consolidated dataset offers clients a unique ability to accelerate time-to-insight and efficiency through generative artificial intelligence (“GenAI”), artificial intelligence agents (“AI Agents”) and other cutting-edge technologies embedded into the CWAN platform.”

Clearwater clients use over 800 of its Gen AI agents with strong results.

““Q3 was our first quarter as an integrated company and we demonstrated strong execution and financial performance, with quarterly revenue of $205.1 million, up 77% year-over-year. Our single instance, single security master architecture allows Gen AI models and agents to learn very quickly, helping us drive very strong growth in unit economics. Non-GAAP gross margin for the combined business was 78.5%, reaching an important milestone meaningfully before our earlier expectations. Adjusted EBITDA was approximately $71 million, up 84% year-over-year,” said Sandeep Sahai, CEO at CWAN. “The integration continues to be ahead of schedule, and we have impressive proof points across all fronts. We secured marquee wins with insurance, hedge funds, asset management and asset owners globally that chose CWAN in competitive processes against legacy providers. Clients are enthusiastic about our ability to provide an open, modular platform and are genuinely excited about the transformative power of Gen AI that we can bring to them. Our clients are already experiencing transformative results using over 800 AI agents, including 90% reductions in manual reconciliation effort and 80% faster report generation. With Gen AI agents learning from our proprietary data, we expect to lead in insights and agentic reporting, significantly altering the efficiency of the investment management industry.””