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vsClearwater Analytics

Regnology vs Clearwater Analytics

Last updated October 2026

Looking for a European alternative to Clearwater Analytics? Here's how Regnology compares, on EU hosting, GDPR and what it does.

Our pick for a European buyer: Regnology. We weight data residency, GDPR and EU jurisdiction above everything else — that is the constraint this directory exists to solve.

What it is
RegTech platform for financial regulatory reporting and compliance
Investment accounting, reporting, and analytics platform for institutional investors.
Headquarters
🇩🇪 DE
🇺🇸 US · 2004
EU data residency
not established
not established
DSGVO / GDPR
No
not established
Certifications
ISO 27001, ISO 22301, ISO 9001
ISO/IEC 27001:2022, SOC 1, SOC 2, TX-RAMP
Price from
$1,700/user/mo
No
Free plan
Yes
No
Open Source
No
No
Integrations
No
IG Prime, Enfusion, FIX, MT4, Bloomberg EMSX +1

Where each one wins

Regnology

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

Regnology
Clearwater Analytics
EU data residency
not established
not established
Transfer mechanism
not established
not established
DPA
not established
Sub-processors
not established
not established
Certifications
ISO 27001, ISO 22301, ISO 9001
ISO/IEC 27001:2022, SOC 1, SOC 2, TX-RAMP

Pricing

Regnology

  • Free Free Basic access to platform features
  • Professional $1,700/user/month per user / monthFull platform access · Advanced analytics · Regulatory reporting tools
  • Enterprise On request Custom configuration · Dedicated support · Scalable infrastructure

Pricing may vary based on custom requirements.

Clearwater Analytics

No published pricing we could verify.

Pricing is quote-based; no public tiers or fixed prices are available.

Features

Regnology

Platform Architecture
Modular, cloud-native design, End-to-end automation, Unique data model
Risk Management
Risk orchestration across functions, Advanced analytics and reporting, Single intelligent platform for risk management
Regulatory & Compliance
Compliance and audit trail, Extensive coverage of reporting regimes, Integration of new ESG obligations
Reporting Solutions
Regulatory reporting framework, AI-driven regulatory risk management, Reporting Hub for consolidated submissions

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