Clearwater Analytics Holdings Inc. has announced that McCormick & Company has selected its commercial paper $(CP)$ workflow solution to enhance short-term capital management. This decision comes amid rising interest rates and increased commercial paper issuance, highlighting the need for improved visibility and efficiency in accessing short-term funding. Clearwater's platform will enable McCormick to make better pricing decisions, track dealer performance, and simplify internal processes. This partnership reflects a broader trend in corporate treasury towards integrated, technology-driven capital optimization, as companies strategically manage their short-term debt in response to fluctuating interest rates.
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