
CWAN research insight: Are “alternatives” still alternative?
Explore the evolution of the alternatives market for insurers, drawing on CWAN’s proprietary database to reveal real-time allocation trends.
Resource center
Access the latest CWAN resources to level up your investment strategies.

Explore the evolution of the alternatives market for insurers, drawing on CWAN’s proprietary database to reveal real-time allocation trends.

The chart-busting growth of alternative assets over the past decade has prompted many asset managers to increase their allocations to a wide range of private credit, equity, real estate, and hedge fund strategies. Multiple surveys and reports, including our recent Rise of Alternatives analysis, have commented on this phenomenon. But few (if any) have had access to CWAN’s database of nearly 400 insurers representing $4.4 trillion in combined AUM (as of August 2025).

Investment operations have long been burdened by inefficiencies—teams tied up in manual reconciliations, tight monthly close deadlines, and stitching reports across systems. At the pace of today’s financial markets, these challenges aren’t just inconvenient—they’re costly in time and error risk. And markets aren’t slowing down.

Adopting a dynamic approach to cash management is a necessary step to better bottom lines. CWAN data suggests dozens, if not hundreds, of firms on our platform could achieve better portfolio performance by paying more attention to shifts in monetary policy and the bond market.
Our clients don’t often have the option to deploy software into a greenfield environment. So we make it easy for them to augment their current capabilities with Beacon. We outline 3 different ways to use Beacon to deliver new features, applications, and critical data to your traders and risk managers.
It can be hard to figure out where to start when implementing investment accounting software. However, the process can be quite easy.
Learn how Clearwater makes investment regulatory reporting including Statutory accounting & reporting easier.
Repurchase Agreements pose issues for back-office investment reporting. Learn how Clearwater is the solution for Repos.
While the opportunities in the alternative investments space are abundant, managing these assets can be daunting for many businesses. Read more about how Clearwater Analytics is the only investment accounting solution with full asset coverage.
Download the on-demand webinar where we explored the intricacies of the commercial mortgage loan (CML) market.
Repos are primarily used for short-term cash to cover business or operating expenses.
Details about the SFDR framework for disclosure of ESG information.
When it comes to safeguarding your assets, selecting the right custody bank requires careful consideration and due diligence.