SCF Selects Clearwater Analytics

SCF Arizona selected Clearwater Analytics to provide accounting, compliance, performance and risk reporting on its $3 billion investment portfolio as the carrier makes the transition to a private mutual insurance company.SCF Arizona in 2013 will complete the transformation from a state fund to a private carrier. Chad Welborn, director of investments for SCF, said in a statement that Clearwater Analytics will save multiple days of investment accounting work each month by compiling various tasks into a single platform.“We anticipate immediate cost savings by moving to Clearwater,” We...