Clearwater Atlantic Release Whats New
S O LU T I O N S
What’s New Raising The Bar Clearwater has made a number of enhancements to its industry leading investment portfolio reporting and analytics solution to improve performance and increase flexibility and functionality. Driven by feedback from clients, partners and intense market research, this release provides critical improvements that increase functionality, performance and flexibility for Clearwater’s integrated investment Accounting, Compliance, Performance, and Risk reporting solution.
New Features Flexible, fully customizable user interface:
•
Create, name, modify, save and share customized dashboards, tables, reports and statements. Access to the information you want, the way you want it.
Enhanced Accounting Functionality:
• •
Powerful new General Ledger capabilities, including client defined elections. Lock-down accounting and the ability to refresh historical data.
Robust Compliance Capabilities:
• • •
Ability to drill into underlying security-level contributors. Annotations can be added to data to share relevant contextual knowledge and resolution actions. New Audit Report capabilities make it easy to summarize compliance violations, resolutions and outcomes.
Performance:
• •
Flexible performance date ranges. Multiple indices assigned to a single account.
BENEFITS • Transparent: Single, consolidated view of investment assets for complete visibility. • Integrated: Accounting, compliance, performance and risk reporting in one solution. • Accurate: Investment data aggregated, independently validated and reconciled daily. • Detailed: Drill-down to the individual security and tax-lot level. • Flexible: Customizable dashboards and reports with custom date ranges, portfolio views, entitlements, and benchmark. • Timely: Aggregated, integrated and reconciled investment data updated daily, available at your fingertips. • Personalized: Custom reports, dashboards and Statements with the exact information you want. • Powerful: Complete multi-bases, multicurrency Accounting and reporting solution for your investments. • Efficient: Eliminates resource-intensive and error-prone, manual spreadsheet consolidation efforts. • Controlled: All processes are backed by a SOC 1, Type II (formerly SAS 70) audit. • Accessible: Intuitive, web-based interface, accessible anytime, anywhere. • Easy to Own: Hosted solution requires no hardware or software to purchase, install or maintain.
accounting. compliance. performance. risk.
www.clearwateranalytics.com
S O LU T I O N S
Flexible and Fully Customizable User Interface
Enhanced Accounting Functionality
Flexible Dashboards—users will be able to create their own dashboards, combining information from across the Clearwater system into consolidated views including Accounting, Compliance, Performance and Risk report information.
New GL functionality—system-wide general ledger reports, including flexible client-defined GL elections and a GL set-up wizard.
• Create graphs or summarize tables of data
• New Accounting reports that will more closely tie to the client’s GL:
• Users will be able to create, name, modify and customize dashboards as well as share customized dashboards with other security entitled users Customized Tables/Reports—ability to customize standard, outof-the-box report views, save as favorites and share. • Excel-like functionality allows users to add and remove columns, reorder, rename, sort, filter, and group • Package reports together into customized statements • Share saved views and favorites with other users with appropriate security entitlement
• Ability to refresh historical accounting numbers
• Trial balance • Activity detail • Entry detail • Entry summary • Roll forwards • GL balance sheet detail • GL income detail • Functional currency to reporting currency translations • Daily or monthly application of FX rates
Compliance
Performance
• Additional Security-Level Contributors—ability to drill into the underlying security-level contributors of both violating and non-violating compliance rules
• Flexible performance date ranges
• Compliance Notes - Users will be able to add notes to individual compliance rules and security-level compliance contributors to facilitate the tracking and audit of the client’s investment policy
• Multiple indices assigned to a single account • Standard deviation—for additional insight into the portfolio’s performance • New types of returns: Book Income Return and Book Price Return
• Entitlement-Based Rule Resolution - Based on user entitlements, clients will have the ability to resolve compliance violations or individual security contributors of a violation for a user-defined period of time • Audit Report – all client-side interaction within the compliance module will be tracked and available in a convenient and interactive format in this report. Rule and contributor-level user edits, including notes, resolutions, and policy limit updates are tracked and included.
accounting. compliance. performance. risk.
www.clearwateranalytics.com
What’s New Raising The Bar Clearwater has made a number of enhancements to its industry leading investment portfolio reporting and analytics solution to improve performance and increase flexibility and functionality. Driven by feedback from clients, partners and intense market research, this release provides critical improvements that increase functionality, performance and flexibility for Clearwater’s integrated investment Accounting, Compliance, Performance, and Risk reporting solution.
New Features Flexible, fully customizable user interface:
•
Create, name, modify, save and share customized dashboards, tables, reports and statements. Access to the information you want, the way you want it.
Enhanced Accounting Functionality:
• •
Powerful new General Ledger capabilities, including client defined elections. Lock-down accounting and the ability to refresh historical data.
Robust Compliance Capabilities:
• • •
Ability to drill into underlying security-level contributors. Annotations can be added to data to share relevant contextual knowledge and resolution actions. New Audit Report capabilities make it easy to summarize compliance violations, resolutions and outcomes.
Performance:
• •
Flexible performance date ranges. Multiple indices assigned to a single account.
BENEFITS • Transparent: Single, consolidated view of investment assets for complete visibility. • Integrated: Accounting, compliance, performance and risk reporting in one solution. • Accurate: Investment data aggregated, independently validated and reconciled daily. • Detailed: Drill-down to the individual security and tax-lot level. • Flexible: Customizable dashboards and reports with custom date ranges, portfolio views, entitlements, and benchmark. • Timely: Aggregated, integrated and reconciled investment data updated daily, available at your fingertips. • Personalized: Custom reports, dashboards and Statements with the exact information you want. • Powerful: Complete multi-bases, multicurrency Accounting and reporting solution for your investments. • Efficient: Eliminates resource-intensive and error-prone, manual spreadsheet consolidation efforts. • Controlled: All processes are backed by a SOC 1, Type II (formerly SAS 70) audit. • Accessible: Intuitive, web-based interface, accessible anytime, anywhere. • Easy to Own: Hosted solution requires no hardware or software to purchase, install or maintain.
accounting. compliance. performance. risk.
www.clearwateranalytics.com
S O LU T I O N S
Flexible and Fully Customizable User Interface
Enhanced Accounting Functionality
Flexible Dashboards—users will be able to create their own dashboards, combining information from across the Clearwater system into consolidated views including Accounting, Compliance, Performance and Risk report information.
New GL functionality—system-wide general ledger reports, including flexible client-defined GL elections and a GL set-up wizard.
• Create graphs or summarize tables of data
• New Accounting reports that will more closely tie to the client’s GL:
• Users will be able to create, name, modify and customize dashboards as well as share customized dashboards with other security entitled users Customized Tables/Reports—ability to customize standard, outof-the-box report views, save as favorites and share. • Excel-like functionality allows users to add and remove columns, reorder, rename, sort, filter, and group • Package reports together into customized statements • Share saved views and favorites with other users with appropriate security entitlement
• Ability to refresh historical accounting numbers
• Trial balance • Activity detail • Entry detail • Entry summary • Roll forwards • GL balance sheet detail • GL income detail • Functional currency to reporting currency translations • Daily or monthly application of FX rates
Compliance
Performance
• Additional Security-Level Contributors—ability to drill into the underlying security-level contributors of both violating and non-violating compliance rules
• Flexible performance date ranges
• Compliance Notes - Users will be able to add notes to individual compliance rules and security-level compliance contributors to facilitate the tracking and audit of the client’s investment policy
• Multiple indices assigned to a single account • Standard deviation—for additional insight into the portfolio’s performance • New types of returns: Book Income Return and Book Price Return
• Entitlement-Based Rule Resolution - Based on user entitlements, clients will have the ability to resolve compliance violations or individual security contributors of a violation for a user-defined period of time • Audit Report – all client-side interaction within the compliance module will be tracked and available in a convenient and interactive format in this report. Rule and contributor-level user edits, including notes, resolutions, and policy limit updates are tracked and included.
accounting. compliance. performance. risk.
www.clearwateranalytics.com
