Alex Strekel
Director, Investment Management Solutions
Alex Strekel joined Clearwater in 2015 and leads a team of business development professionals who specialize is solving operational, accounting, and reporting challenges for asset managers. Alex and his team focus on the key trends impacting the markets and help managers find custom solutions that address both market- and firm-specific needs to provide scale, accelerated growth, and improved margins.
Alex has more than 15 years of experience in financial services, allowing him to consult with all aspects of asset management operations. His career began in market data with Thomson Financial, transitioning to operations and trading with Fidelity; prior to Clearwater, he managed fixed-income portfolios at a Connecticut-based asset manager.
Alex is a graduate of Bates College in Lewiston, Maine and lifelong Connecticut resident. He currently resides in Old Lyme, Connecticut with his wife, son, and daughter, along with their two cats. When not working, you can find him spending time with his young family, keeping active, or attempting his latest “home improvement” project.
The launch of Clearwater Performance Plus means Clearwater users can now augment their core portfolio accounting software with a configurable set of new features. This innovative technology helps users better analyze data and model performance across asset classes, indexes, models, and time horizons.
Thanks to the software’s modular design, clients can use Clearwater Performance Plus as a standalone performance tool or in conjunction with the core Clearwater solution. Clearwater Performance Plus seamlessly integrates the new features to power up performance reporting and optimize workflows.
Ready to see Clearwater Performance Plus in action? Schedule a demo today to learn how your organization can benefit from the advanced functionality of Performance Plus.
View Returns and Custom Benchmarks
Clearwater Performance Plus provides a best-in-class Performance Book of Record (PBOR) to give users a view on performance across asset classes including derivatives, LPs, RMLs, CMLs, and more. This functionality spans conventional money-weighted and time-weighted returns.
Apples-to-apples comparisons are enhanced with security-level attribution at portfolio and benchmark levels as well as customizable portfolios, index sectors, and classifications. Users can drill down into specific assets or asset classes across benchmarks and portfolios and compare results to customized yield curve assumptions while incorporating non-benchmarked allocations.
Users also have access to custom models for assessing the performance of both index and strategic allocation targets. Dynamic weighting ensures the index aligns with the needs of the portfolio and can be adjusted to better match targets.
Smart Data Capabilities
With the simple click of a button, Clearwater Performance Plus delivers insights about contributions and risk that can be used to explore volatility, tracking error, and other modern portfolio metrics. Users can measure key factors including factor exposure, drawdown, and active share, in addition to metrics such as standard deviation, Sharpe, Sortino, and downside risk.
Historical returns can be loaded at the security level, allowing users to dig into the details of their performance reports since inception.
Designed for Power and Simplicity
Open architecture enables connection to data feeds from any source, at any time, with any frequency. Clearwater Performance Plus makes it easy to access the data you need.
On the front-end, web-based dashboards and reports provide real-time alerts and ongoing assessments of allocations against your performance goals. The dashboard gives every member of your team the data they need to stay up to date and drive success.
The Clearwater Difference
Clearwater Performance Plus provides a comprehensive, cloud-based solution to institutional investors, RIAs, family offices, insurers, institutions, and other asset managers and owners who seek a competitive advantage and highly accurate returns. With multiple deployment options, and an open architecture Performance Plus ensures institutions and asset managers alike can leverage this functionality, delight their clients, and displace other legacy vendors.
Ready to learn more? Schedule a demo with one of our experts to learn how Clearwater Performance Plus can make a difference for your organization.