Clearwater Analytics, a provider of investment accounting, analytics, and reporting for institutional investors, is expanding its operations into the United Kingdom in 2013.

Clearwater says that, based on increased demand for its software-as-a-service solution, it has decided that a presence in the United Kingdom will allow the company to provide services for clients globally. The office, located in Edinburgh, Scotland, offers U.K. clients a dedicated, local presence.

The Edinburgh office currently is staffed with a growing team of customer service account managers to work with Clearwater’s expanding client base, says the company. Later in 2013, the company will open a sales office to focus on market expansion.

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