Core Insights - Bloomberg and Clearwater Analytics have announced a strategic collaboration to provide a comprehensive front-to-back investment solution for asset owners and asset managers, utilizing an open and modular approach [1][2] Group 1: Collaboration Details - The new offering aims to enhance the operating model for clients, delivering scale, speed, and flexibility while managing costs and reducing risk [2] - The collaboration combines Bloomberg's enterprise investment solutions with Clearwater's accounting solution, which includes data aggregation, reconciliation, and reporting [2][3] - This partnership addresses the challenges faced by investment managers who often rely on a single provider or manage multiple vendors, streamlining front-to-back operations [3] Group 2: Company Backgrounds - Clearwater Analytics is transforming investment management with a cloud-native platform that integrates various functions such as portfolio management, trading, and risk analytics, supporting over $8.8 trillion in assets globally [4] - Bloomberg is recognized as a global leader in business and financial information, providing trusted data and technology solutions to enhance market transparency and efficiency [5]