12:44 PM EDT, 07/22/2025 (MT Newswires) -- Clearwater Analytics ( CWAN ) said Tuesday that McCormick ( MKC ) has adopted its commercial paper management tool to streamline short-term capital raising.

Clearwater said the partnership will provide McCormick ( MKC ) with benchmarking tools to evaluate issuance rates against peer programs, real-time monitoring of maturities, allocations and execution, and integrated reconciliation of dealer quotes, trades and settlement data.

Many companies are boosting their short-term debt issuances while limiting longer-term ones, driving demand for commercial paper management tools, Clearwater said.

Price: 21.05, Change: -0.07, Percent Change: -0.33