Clearwater Analytics Wins Orange Investment Advisors as Enfusion Customer

CWAN
March 11, 2026

Clearwater Analytics Holdings, Inc. (NYSE: CWAN) announced that credit‑focused manager Orange Investment Advisors has completed a full implementation of its Enfusion platform, a move that underscores the company’s front‑to‑back strategy following the $1.5 billion acquisition of Enfusion in April 2025.

Orange Investment Advisors, which specializes in structured‑credit strategies such as RMBS, CMBS, ABS, and CLOs, will use Enfusion to streamline its structured‑credit portfolio management. The platform integrates order management, trade capture, and real‑time reconciliation, allowing the firm to move from fragmented systems to a single source of truth across front, middle, and back‑office operations.

Jay Menozzi, Chief Investment Officer at Orange, said, “We chose Enfusion because it brings PMS, OMS, and execution workflows together in one place, with a shared data model. This gives our teams a single source of truth from trade capture through reporting, with fewer breaks, clearer controls, and faster answers when clients ask questions.” Dan Jacobs, Global Head of Hedge Fund and Asset Management Sales at Clearwater, added, “Enfusion is built to support integrated workflows across front, middle and back office on a unified platform, so investment teams can trade with confidence and operations teams don't spend their days reconciling versions of the truth. Orange's go-live is a strong example of how firms can simplify their operating model without sacrificing control.”

The win expands Clearwater’s reach beyond its core accounting services into the structured‑products segment, reinforcing its position in a high‑margin niche and opening cross‑sell opportunities for its broader analytics and reporting tools. It also demonstrates the scalability of the cloud‑native Enfusion platform and its ability to deliver end‑to‑end solutions to institutional clients.

The announcement is a material development for CWAN, reflecting continued traction in its growth strategy and signaling that the company’s front‑to‑back platform is gaining traction with credit‑focused managers.

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