Bloomberg and Clearwater Analytics partner on investment solution

NEW YORK - Bloomberg and Clearwater Analytics (NYSE:CWAN), a fintech company with a market capitalization of $5.9 billion and strong financial health according to InvestingPro, announced today a strategic collaboration to deliver a front-to-back investment solution for asset owners and asset managers.

The partnership combines Bloomberg’s suite of enterprise investment solutions with Clearwater’s accounting platform to create an integrated offering that aims to provide users with enhanced operating capabilities focused on scale, speed and flexibility.

The joint solution will feature turnkey managed integration, enhanced OTC management using Bloomberg’s tools, integrated cash management, and consistent position and trade data exchanges across systems.

"Today, many investment managers either compromise by relying on a single provider that may not meet all their needs or face the complexity of managing multiple vendors," said Mark Flatman, Global Head of Enterprise Products at Bloomberg.

Shane Akeroyd, Chief Strategy Officer at Clearwater Analytics, noted that the collaboration connects "trusted accounting and investment data with advanced front-office workflows."

Bloomberg’s enterprise solutions include research management, order and portfolio management, and performance and risk analytics. Clearwater’s platform offers data aggregation, reconciliation, reporting, and accounting solutions.

Clearwater Analytics currently supports over $8.8 trillion in assets globally, according to the press release statement.

The collaboration represents both companies’ efforts to address evolving industry needs through an open and modular approach to investment management technology. While Clearwater Analytics trades at premium valuation multiples, InvestingPro analysis reveals multiple additional insights about the company’s growth prospects and financial stability. Get access to the comprehensive Pro Research Report, available for Clearwater Analytics and 1,400+ other top US stocks, providing clear, actionable intelligence for smarter investing decisions.

In other recent news, Clearwater Analytics Holdings reported a strong performance for Q1 2025, surpassing analyst expectations with an earnings per share (EPS) of $0.13, compared to the forecast of $0.12. The company also exceeded revenue predictions, achieving $126.9 million against the anticipated $125.08 million, marking a 23.5% year-over-year increase. DA Davidson maintained a Buy rating on Clearwater, highlighting a 24% year-over-year revenue growth and a significant 40% increase in adjusted EBITDA. The firm sees Clearwater’s recent acquisitions as strategic, with the potential to advance the company’s technology road map by several years.

Goldman Sachs resumed coverage on Clearwater with a Neutral rating and a $26.00 price target, acknowledging the company’s strong core accounting platform but noting challenges in scaling its multi-product offerings. Oppenheimer lowered its price target for Clearwater to $36.00 from $40.00, citing integration risks from recent acquisitions despite maintaining an Outperform rating. The firm expressed confidence in Clearwater’s growth strategy but highlighted concerns over financial leverage due to its acquisition spree.

Clearwater’s strategic focus includes integrating recent acquisitions to enhance its cloud-native investment platform and expanding in the European market. The company’s updated guidance reflects confidence in achieving its growth and profitability targets for 2025, with revenue projected between $720 million and $728 million. Investors and analysts are closely monitoring Clearwater’s progress in integrating new technologies and products as it aims to sustain its growth trajectory.

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