---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-014233"
form_type: "8-K"
ticker: "CWAN"
cik: "0001866368"
company_name: "Clearwater Analytics Holdings, Inc."
filed_at: "2024-04-02T23:59:59+00:00"
generated_at: "2026-06-04T03:53:06.534415+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearwater Analytics to acquire Wilshire risk & performance analytics for ~$40M

## Summary
- Acquires Wilshire Axiom, Atlas, Abacus, and iQComposite analytics platforms for risk and performance.
- Co-branded Clearwater Wilshire Analytics; expected close Q2 2024, subject to customary conditions.
- Purchase price ~$40M, adding ~$7M in annualized revenue.
- Deal targets institutional asset owners; Wilshire retains analytics access for its clients.
- CEO says acquisition positions Clearwater to supercharge clients' front and middle office capabilities.

## SEC filing metadata
- accession: 0001628280-24-014233
- form_type: 8-K
- ticker: CWAN
- cik: 0001866368
- company_name: Clearwater Analytics Holdings, Inc.
- filed_at: 2024-04-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866368/000162828024014233/0001628280-24-014233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866368/000162828024014233/cwan-20240402.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-014233
- JSON: https://secwatch.observer/filing/0001628280-24-014233.json
- Plain text: https://secwatch.observer/filing/0001628280-24-014233.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.