Clearwater Analytics (NYSE: CWAN) will debut CWAN Power and Gas, new risk management capabilities within Beacon by CWAN, at E-world Energy & Water 2026 in Essen, Germany. This platform aims to eliminate the industry’s dependence on opaque risk systems by offering transparent methodologies and source-code visibility, allowing trading teams to validate and customize calculations for complex power and gas instruments in real time.
The energy market is experiencing significant changes driven by renewables growth, liquefied natural gas (LNG) flows, and macroeconomic shifts, leading to increased volatility and new opportunities. Despite this, many trading firms face limitations from older risk platforms that restrict model visibility, customization, and deployment speed. CWAN Power and Gas addresses these issues by ensuring every calculation is transparent, configurable, and auditable in real time, supporting complex instruments like structured power derivatives and evolving trading strategies.
Kirat Singh, President of Risk & Alternative Assets at Clearwater Analytics, stated, “The energy transition is creating one of the largest transformations in global energy markets since derivatives were invented, but trading firms are constrained by risk systems built for a different era. While competitors offer black-box solutions that traders can’t validate or customize, we’re giving organizations the transparent, controllable technology they need to capitalize on this opportunity. When billions are at stake, traders need complete visibility into their risk calculations.”
CleanChoice Energy, a renewable energy company, utilizes the power and gas solution to consolidate data and analytics across its operations, linking physical assets, market activities, and customer outcomes. Anthony Hoang, CTO at CleanChoice Energy, noted, “CleanChoice has been winning on two fronts—growing our solar portfolio and expanding our retail business. But our customers don’t experience us as separate business units. Beacon by CWAN gives us the data foundation to operate the way our customers see us—as one integrated company optimizing every decision, from the solar farm, through the power market, to the customer bill.”
CWAN Power and Gas offers several key capabilities for energy trading firms, including real-time transparent modeling with complete source code visibility for all power and gas instruments. This enables firms to understand, validate, and customize calculations, reducing reliance on fragmented legacy systems and facilitating the deployment of complex strategies. The platform also provides institutional-grade risk analytics, allowing firms to calculate VaR, credit risk, and custom metrics with full audit trails. These trails trace results back to underlying inputs and methodologies, meeting the validation standards required by CROs and regulators. Furthermore, it offers flexible deployment options, including a cloud-based standalone application, integration with existing systems, or custom solutions built on Beacon’s open development foundation with scalable compute capabilities.
Singh added, “Energy markets are too complex and volatile for risk management tied to older systems. We’ve built a leading platform that gives firms complete control over their risk calculations while delivering institutional-scale performance. Our clients are managing risk better and launching entirely new trading strategies that generate alpha in the evolving energy landscape.”
Live demonstrations of CWAN Power and Gas will be conducted at E-world Energy & Water 2026 at Booth #5A118 in Hall 5. Attendees can observe real-time modeling, source code visibility, and discuss deployment strategies relevant to European energy markets.
Clearwater Analytics (NYSE: CWAN) provides a cloud-native platform for institutional investors across global public and private markets. The platform integrates portfolio management, trading, investment accounting, reconciliation, regulatory reporting, performance, compliance, and risk analytics into a unified system, supporting over $10 trillion in assets globally.
