Case Study: Group Health Cooperative of Eau Claire achieves consolidated, automated investment accounting and real-time risk and compliance visibility with Clearwater Analytics

Group Health Looked for an Integrated and Consolidated Investment Accounting Solution

Group Health Cooperative (GHC) is a consumer‑governed, nonprofit health system serving over 675,000 members with more than $1 billion in cash and marketable securities. As GHC shifted from a capital‑preservation stance toward greater yield, its outsourced investment accounting and fragmented reporting sources left treasury with stale, month‑end data, limited OTTI/FAS documentation, and little ability to assess exposures or reconcile manager activity—shortcomings made painfully clear during the 2008 crisis. The organization needed a web‑based, hosted solution that consolidated data, automated accounting and compliance, and required no in‑house IT lift.

GHC selected Clearwater’s hosted analytics platform to aggregate and reconcile multiple data sources daily, automate compliance monitoring (including MAR), provide drill‑down tax‑lot visibility and automated GL uploads, and deliver dedicated account support. The result was immediate, actionable transparency: treasury and senior management now share a single view of portfolio exposures, can independently assess impairments, hold managers to clearer benchmarks, free up staff for strategic work, and produce statutory, FASB and forecasting reports more reliably and quickly.

Group Health Cooperative of Eau Claire

Bret Myers

Assistant Treasurer and Head of Investments, Group Health Cooperative