McCormick Adopts Clearwater’s CP Platform to Streamline Capital Strategy

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) is one of the growth stocks that could double by 2027. On July 22, McCormick & Company (NYSE:MKC) announced its adoption of Clearwater Analytics’ commercial paper workflow solution to modernize short-term capital raising.

McCormick Adopts Clearwater’s CP Platform to Streamline Capital Strategy

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The move comes amid a surge in U.S. commercial paper issuance, which topped $1.4 trillion in May 2025. McCormick’s treasury team cited the need for real-time visibility and cost control in a volatile rate environment.

Clearwater’s platform offers benchmarking tools, maturity tracking, and integrated reconciliation, helping McCormick optimize issuance decisions and dealer performance. The partnership reflects a broader shift among corporations toward tech-enabled liquidity management, especially as short-term rates begin to ease and long-term commitments remain limited.

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) offers cloud-based SaaS solutions for investment data management, serving global financial institutions and government entities. Its core platform, Clearwater Prism, provides tools for reporting, compliance, risk analysis, and reconciliation, while specialized products like LPx, MLx, and JUMP support private funds, mortgage oversight, and full trade lifecycle needs.

While we acknowledge the potential of CWAN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CWAN and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.