Aggregated portfolio view across multiple custodians and managers

Autodesk

Autodesk is a multinational software company with an investment portfolio of more than $2 billion in AUM. Their portfolio includes certificates of deposit, corporate bonds, commercial paper, money funds, US government bonds, and more.

• Headquarters San Francisco, California
• Assets Under Management $2B
• Website https//www.autodesk.com/

Clearwater’s automated journal entry process saves Autodesk hours at month-end. With Clearwater, Autodesk’s treasury team can concentrate on making strategic investment decisions rather than aggregating and manually recording data.

• $2 billion in AUM
• 1 day journal entries
• 360 degree view of investment operations

Challenges

• Manual and time-intensive investment accounting processes
• Difficulties around journal entries, policy compliance, and cash flow forecasts
• Needed a way to track the overall performance of their investment portfolio

Results

• Consolidated reporting on all investment accounts across custodians and asset managers
• Journal entries automatically produced on Day 1 consistent with ERP system format specifications
• Transparent view into all portfolio holdings, updated daily with accurate and reconciled data

“It’s incredibly convenient to track all of our investment accounts in the same portal. Clearwater’s web interface is user-friendly and provides customized reporting that quickly allows me to view the data I need.”

Brandon Hillstead, Investment Manager, Autodesk