unified platform to deliver full investment management lifecycle.
BOISE, New York, Chicago, London, HONG Kong, April 30, 2025 -Clearwater Analytics (NYSE: CWAN), “Clearwater,” the most complete technological platform for investment management, said it has finished acquiring Beacon Platform Inc., a provider of enterprise risk analytics and developer infrastructure. Including structured products, private credit, and derivatives, the acquisition enhances Clearwater’s capacity in complicated portfolio management across both public and private markets.
Operating efficiency and advanced analytics have long been traded off for years as institutional investors negotiate disjointed data, rigid legacy systems, and endless manual processes. These fractured settings increase risk, slow down decision-making, and hide a clear, consolidated perspective of portfolios.
That is being changed by Clearwater. Clearwater will present a consistent platform spanning the whole investment life—from trading and modeling to accounting and regulatory reporting—by combining Beacon’s cross-asset risk modeling with front-office capabilities and alternative asset intelligence from the acquisitions of Enfusion, Inc. (Enfusion) and Blackstone’s Bistro platform (Bistro). Providing real-time data, transparency, and scale for today’s institutional investors working both public and private markets, this unified architecture will remove silos across the front, middle, and back office. Without the restrictions of outdated software and infrastructure, the platform will let customers act on insights in almost real-time.
Real-time analytics, scenario modeling, and custom development environments trusted by some of the most sophisticated asset managers and banks worldwide—including Pimco, Blackstone, hedge funds, energy and commodities traders— Beacon’s modular infrastructure offers. Once included into the Clearwater platform, these features will completely support next-generation solutions for portfolio construction, risk management, and stress testing.
From front-office modeling to middle- and back-office operations, “With Beacon we have expanded our platform to deliver end-to-end support across the entire investment lifecycle,” said Sandeep Sahai, Clearwater’s Chief Executive Officer. “Together, along with Enfusion and Bistro, we are transforming a fragmented industry landscape with a unified platform built for today’s institutional investors—streamlining complexity, accelerating decision-making, and driving performance across public and private markets.”
“Beacon’s goal has always been to bring transparency and control to the most complicated areas of financial markets,” stated Kirat Singh, President, Risk & Performance at Clearwater and former CEO and co-founder of Beacon. “Joining Clearwater will enable us to provide these features on a mass basis. With the infrastructure global institutions need to succeed, we are enabling investors to move past reporting to real-time action.
During its Q1 2025 earnings call today at 5:00 p.m. ET, Clearwater will provide more specifics.
cerning Clearwater Analytics
With the most complete cloud-native platform available for institutional investors across worldwide public and private markets, Clearwater Analytics (NYSE: CWAN) is revolutionizing investment management. Although legacy systems generate data fragmentation, danger, and inefficiencies, Clearwater’s single-instance, multi-tenant architecture provides real-time data and AI-driven insights all through the investment lifetime. Through integration of portfolio management, trading, investment accounting, reconciliation, regulatory reporting, performance, compliance, and risk analytics in one consolidated system, the platform removes information silos. Clearwater supports over $8.8 trillion in assets worldwide serving premier insurers, asset managers, hedge funds, banks, companies, and governments. Visit www.clearwateranalytics.com to find further information.
about Beacon
For investment and risk teams to modernize infrastructure, simplify processes, and emphasize on creating strategies that drive a competitive edge, Beacon, a Clearwater Analytics firm provides a unified, cross-asset trading and risk management solution. Beacon’s clear, cloud-native platform offers pre-built trading and risk tools together with the adaptability to create and scale unique analytics and models with unmatched speed and efficiency. Beacon supports the most sophisticated front-to- back investment management system available in Clearwater. Go to www.beacon.io to learn more.
Statement of Caution Regarding Forward- Looking Statements
Within the context of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, this press release contains “forward-looking statements.” Based on facts now at hand and the opinions and presumptions of Clearwater’s management, these forward-looking statements reflect Forward-looking statements comprise information on the following aspects in reference to Clearwater and/or Beacon: possible or assumed future results of operations, possible or assumed performance, business strategies, technology developments, financing and investment plans, competitive position, industry, economic and regulatory environment, possible growth opportunities and the consequences of competition. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “aim,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” “would” or similar expressions and the negatives of those terms, but are not the exclusive means of identifying such statements.
Many of the known and unknown risks, uncertainties, and other factors included in forward-looking statements—many of which are outside Clearwater’s control—may significantly affect the actual results, performance, or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, Clearwater’s ability to successfully integrate the operations and technology of Beacon with those of Clearwater and to obtain third party data rights, retain and incentivize the employees of Beacon following the close of the acquisition, retain Beacon’s clients, repay debt to be incurred in connection with the Beacon acquisition and recently completed acquisition of Enfusion, Inc. and meet financial covenants to be imposed in connection with such debt, risks that cost savings, synergies and growth from the acquisition may not be fully realized or may take longer to realize than expected, risks and uncertainties similar to the foregoing with respect to Clearwater’s previously completed acquisitions of Enfusion and Bistro, as well as other risks and uncertainties discussed under “Risk Factors” in Clearwater’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the US Securities and Exchange Commission (the “SEC”) on February 26, 2025 (as amended by Amendment No. 1 thereto, filed with the SEC on March 7, 2025), as well as in other periodic reports filed by Clearwater with the SEC. These files are available on Clearwater’s website, investors.clearwateranalytics.com, and at www.sec.gov. These unknowns mean you should not rely too much on forward-looking projections. Furthermore, forward-looking statements reflect management’s opinions and assumptions only as of the date of this news release; they should not be taken as reflecting Clearwater’s expectations or beliefs as of any date later than that. Clearwater does not undertake to and particularly refuses any obligation to update any forward-looking statements that may be made from time to time by or on behalf of Clearwater.
Investor Contact for Clearwater Analytics
Joon Park | +1 415-906-9242 | investors@clearwateranalytics.com
Media Contact for Clearwater Analytics
Claudia Cahill | +1 703-728-1221 | press@clearwateranalytics.com
