secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Analytics Holdings, Inc. (CWAN)
CIK:        0001866368
Form:       8-K
Filed at:   2024-04-22T23:59:59+00:00
Accession:  0001628280-24-017127
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Analytics closes acquisition of Wilshire's risk and performance analytics solutions
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- Completed acquisition of Wilshire Axiom, Wilshire Atlas, Wilshire Abacus, and Wilshire iQComposite.
- New combined offering named Clearwater Wilshire Analytics for front/middle office clients.
- Adds performance attribution (Brinson-style and factor-based) and custom risk models to platform.
- Financial terms of the deal were not disclosed in the announcement.
- CEO Sandeep Sahai cites integration as a step toward a unified investment management solution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866368/000162828024017127/0001628280-24-017127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866368/000162828024017127/cwan-20240422.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-017127

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer