The Arkansas Treasurer of State handles deposits and accounts from various sources, including state agencies, boards, and commissions. They chose Clearwater for its ability to support complex assets and account for mortgage-backed securities, as well as automating repetitive processes and reducing manual work for daily accounting and reporting tasks, particularly for floating rate instruments.
“Clearwater worked closely with us to provide a solution for our needs. They solved our pain points around our monthly distribution and provide a solution that handles our alternative assets. We now have a partner that not only understands our processes and outcomes, but also provides a scalable platform for growth. ”