ALMIS One vs Clearwater Analytics
Last updated October 2026
Looking for a European alternative to Clearwater Analytics? Here's how ALMIS One compares, on EU hosting, GDPR and what it does.
Our pick for a European buyer: ALMIS One. We weight data residency, GDPR and EU jurisdiction above everything else — that is the constraint this directory exists to solve.
What it is
Integrated ALM, treasury and regulatory reporting for banks
Investment accounting, reporting, and analytics platform for institutional investors.
Headquarters
🇬🇧 GB
🇺🇸 US · 2004
EU data residency
Not offeredData is stored in UK data centres, which are not in the EU/EEA.
not established
DSGVO / GDPR
Yes
not established
Certifications
No
ISO/IEC 27001:2022, SOC 1, SOC 2, TX-RAMP
Price from
No
No
Free plan
No
No
Open Source
No
No
Integrations
No
IG Prime, Enfusion, FIX, MT4, Bloomberg EMSX +1
Where each one wins
ALMIS One
Clearwater Analytics
Strengths
- +Highly scalable for large, complex portfolios
- +Strong automation reduces manual reconciliation work
- +Comprehensive reporting tools for regulatory needs
- +Open APIs enable flexible downstream integrations
Limitations
- −No public pricing transparency
- −Limited clarity on default data residency or EU hosting options
- −No publicly available DPA or subprocessor list
- −Transfer mechanism to EU not explicitly documented
Data residency & compliance
ALMIS One
Clearwater Analytics
EU data residency
Not offeredData is stored in UK data centres, which are not in the EU/EEA.
not established
Transfer mechanism
not established
not established
DPA
not established
not established
Sub-processors
not established
not established
Certifications
No
ISO/IEC 27001:2022, SOC 1, SOC 2, TX-RAMP
Features
ALMIS One
- Asset and Liability Management
- Capital adequacy management, Liquidity stress testing, Interest rate risk analysis, Market risk assessment
- Treasury Management
- Risk analysis, Execution tools, Financial modelling
- Regulatory Reporting
- Compliance with financial regulations, Automated reporting workflows
- Hedge Accounting
- Hedge effectiveness assessment, Accounting integration
Clearwater Analytics
- Data aggregation & reconciliation
- Consolidates investment data across public and private markets, Supports automated reconciliation processes, Handles multi-currency and multi-asset class data
- Accounting & portfolio operations
- Investment accounting and order management, Portfolio management and performance tracking, Supports complex corporate actions
- Reporting & compliance
- Customizable client and regulatory reports, Automated report generation and distribution, Compliance monitoring and regulatory reporting
- Risk & analytics
- Risk analytics and scenario testing, Performance attribution and benchmarking, Historical and stress-testing capabilities
- Integration & data connectivity
- Pre-built integrations with market data providers, Open APIs for downstream systems, Connectivity to trading platforms and EMS