T. Rowe Price Associates, Inc. has successfully integrated the Clearwater Analytics (CWAN) platform into its stable value operations, aiming to deliver advanced capabilities and improve operational efficiency. Many asset managers in the stable value market currently rely on manual processes and outdated legacy systems, presenting significant industry challenges.
T. Rowe Price’s deployment of the CWAN platform has notably enhanced productivity and mitigated risks within its stable value operations.
The CWAN platform offers enhanced reporting through a user-friendly interface designed specifically for stable value, improving the overall user experience. It provides real-time visibility into daily book value and market value performance, alongside increased transparency for risk monitoring and access to analyze underlying portfolio holdings. Furthermore, the platform introduces enhanced investment options by allowing flexibility to customize fund structures, which facilitates new strategies to align with plan sponsor objectives.
For T. Rowe Price’s stable value team, the platform ensures reliable calculations by automatically computing crediting rates across participant accounts. It also reduces manual processes by streamlining wrap contract management, thereby eliminating inefficiencies and decreasing the risk of errors or delays. An integrated trade solution processes trades automatically to optimize portfolio allocations and liquidity. With a unified stable value platform, teams can dedicate more time to innovating new retirement products and services.
Antonio Luna, Head of Stable Asset Management at T. Rowe Price, stated, “Our partnership with CWAN has strengthened our position as a leading stable value solutions provider. The CWAN platform gives us a flexible, unparalleled technology that we can leverage to maximize investment and operational efficiencies. It allows us to deliver competitive performance and create innovative products while focusing on service excellence.”
Jonny Dittmer, General Manager of Fund Solutions at CWAN, added, “T. Rowe Price has taken a decisive step to strengthen how stable value funds serve retirement plan participants. By unifying operations on CWAN’s platform, they gain the speed, accuracy, and scalability to serve participants today while building the foundation for the retirement products of tomorrow.”
T. Rowe Price is a global asset management firm managing $1.73 trillion in client assets as of August 31, 2025, with approximately two-thirds of these assets being retirement-related. The firm has over 85 years of experience in investment excellence and retirement leadership.
Clearwater Analytics (NYSE: CWAN) provides a cloud-native platform for institutional investors across global public and private markets. Its single-instance, multi-tenant architecture aims to deliver real-time data and AI-driven insights, integrating various functions like portfolio management, trading, investment accounting, reconciliation, regulatory reporting, performance, compliance, and risk analytics into one unified system. Clearwater Analytics supports over $10 trillion in assets globally.
