Clearwater Analytics (NYSE:CWAN) today revealed a strategic move to enhance its offerings by entering a definitive agreement to purchase risk and performance analytics solutions from Wilshire Advisors.

The acquisition encompasses a suite of Wilshire's esteemed analytics tools, including Wilshire AxiomSM, Wilshire AtlasSM, Wilshire Abacus, and Wilshire iQComposite.

These resources provide fixed-income analytics, equity analytics and performance measurement, accounting, and GIPS® compliance support analytics.

The acquisition marks the birth of a collaborative venture, set to be co-branded as Clearwater Wilshire Analytics.

The partnership is poised to significantly augment the analytical capabilities available to investment managers and institutional asset owners.

Through the integration of Wilshire's sophisticated analytics solutions with its own platform, Clearwater aims to reinforce its standing in the institutional asset owner market.