Case Study: Cisco manages a $40B portfolio with a staff of four with Clearwater Analytics

How Cisco Manages $40b With A Staff Of Four

Cisco Systems, a $146 billion company, faced the challenge of managing a $40 billion investment portfolio with a four-person treasury team while meeting large liquidity needs from buybacks and acquisitions and holding most cash offshore. The team needed to preserve capital, earn risk‑adjusted returns, maintain liquidity, monitor dozens of external managers, and deliver timely, audit‑quality reporting and compliance across the enterprise.

Cisco implemented Clearwater’s web‑based portfolio reporting and analytics to consolidate reconciled accounting, custodian data and risk analytics into a single view with dashboards for senior management and the board. The integrated solution let the small team monitor performance, risk and compliance daily, respond rapidly to ad‑hoc questions during market stress, streamline board reporting, and ultimately manage the $40B portfolio efficiently while avoiding excessive liquidity and counterparty exposures.

Cisco

David Atchley

Senior Manager of Global Investments