Clearwater Analytics announced that Pool Re, Britain's government-backed terrorism reinsurer with funds of £7.0bn, will transition from using a custodian-based model to Clearwater's market leading investment accounting and reporting platform. Pool Re will leverage Clearwater's single instance, multi-tenant platform to streamline and modernize their finance and investment processes. The adoption of Clearwater will enable Pool Re to achieve highly efficient monthly close processes and empower all departments with timely and accurate data.

The scalability and flexibility of the Clearwater platform will also enable Pool Re to rapidly adapt to evolving market dynamics and HM Treasury reporting requirements.