ClearGlass
ClearGlass is an independent data analytics platform that collects, verifies, and benchmarks cost and performance data from asset managers on behalf of institutional asset owners, advisors, and asset managers across the UK, Ireland, Iceland, and broader EMEA.
- Company typePrivate
- Founded2019
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What ClearGlass does
ClearGlass Analytics Limited is an independent data analytics platform that operates as a digital intermediary between institutional asset managers and pension fund asset owners, providing cost and performance benchmarking and Value for Money (VfM) assessment services. Founded in 2019 by Dr. Chris Sier — who previously chaired the UK Financial Conduct Authority's Institutional Disclosure Working Group and authored the standardized Cost Transparency Initiative (CTI) templates — the company operates from London with a regional headquarters in Dublin. ClearGlass collects, verifies, and benchmarks cost and performance data from asset managers on behalf of over 850 institutional asset owners in the UK (representing assets under management exceeding £1.3 trillion) and works with over 550 asset managers across 50,000+ mandates in 65 investment strategies spanning public and private markets.
The platform's core technology consists of standardized CTI and Cost Transparency Standard (CTS) data collection templates (including Main Account, Private Markets, and Machine Readable variants), a proprietary benchmarking engine, the ClearPass four-tier data quality rating framework, and analytics products organized around three user segments: asset owners (VfM Reports, Detailed Benchmarking, Data Collection and Cost Reporting), advisors (multi-client data collection and benchmarking), and asset managers (Market Positioning Reports, Outcome Variance Analytics, Competitor Monitoring, VfM Data Sheets). Regulatory-grade outputs support compliance with UK Value Assessment and Consumer Duty requirements and the EU IORP II Directive Critical Review.
The company operates a sales-led, enterprise field sales GTM targeting institutional investors and asset managers directly, supported by framework appointments (National LGPS Procurement Framework in the UK, IAPF CTS implementation in Ireland) and a strategic partnership with Nasdaq eVestment for distribution expansion. Revenue is generated via annual subscription contracts on a quote-based, non-publicly-disclosed pricing model tailored to client AUM and scope. Following the passing of founder Dr. Chris Sier in November 2025, the company is led by CEO Tim Brown, CFO Katrin Sier, and CPO Jonathan Deane, with stated plans to expand the CTI/CTS framework across the EMEA region.
ClearGlass firmographics
Firmographics- Name
- ClearGlass
- Legal name
- ClearGlass Analytics Limited
- Website
- https://clearglass.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ClearGlass is an independent data analytics platform that collects, verifies, and benchmarks cost and performance data from asset managers on behalf of institutional asset owners, advisors, and asset managers across the UK, Ireland, Iceland, and broader EMEA.
- Ownership category
- akta.pro rank
ClearGlass industry classification
Industry- Product category
- Institutional Investment Cost Transparency Analytics
- akta.pro primary industry
- Data Quality, Monitoring & Observability (uptime, latency, reconciliation) (FSAGACAL)
Keywords
Where ClearGlass is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
ClearGlass business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Data Analytics and Benchmarking Services: ClearGlass provides cost collection and benchmarking analytics to asset owners, investment advisors, and asset managers. The platform enables assessment of Value for Money (VfM) for institutional investors while providing market positioning analytics to asset managers. Services are delivered via a web-based platform with data collection, verification, and reporting capabilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | B2B enterprise pricing for institutional investors |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
ClearGlass product offering
Product offeringCore offering
ClearGlass operates an independent web-based data analytics platform that collects, verifies, and benchmarks cost and performance data from asset managers on behalf of institutional investors (pension schemes, advisors, asset managers). The platform powers the UK's Cost Transparency Initiative (CTI) and the Republic of Ireland's Cost Transparency Standard (CTS), generating Value for Money (VfM) reports, detailed benchmarking analytics, market positioning reports, and ClearPass data quality ratings across 46 investment strategies.
Product overview
ClearGlass is an independent data analytics platform providing institutional investment cost transparency and Value for Money (VfM) benchmarking across the UK, Ireland, Iceland, South Africa, and broader EMEA. The platform consists of the core CTI/CTS data collection and verification engine, powered by a proprietary benchmarking database of over 36,000 CTI templates from 530+ asset managers covering 850+ pension schemes and £1.3+ trillion in assets under management across 46 investment strategies. The platform's core products are organized around three user segments: (1) Asset Owner products — VfM Reporting, Detailed Benchmarking, and Data Collection & Cost Reporting; (2) Advisor products — Advisor Data Collection & Cost Reporting and Value for Money analysis across client portfolios; and (3) Asset Manager products — Market Positioning Report, Outcome Variance Analytics (OVA), Competitor Monitoring, and VfM Data Sheets. Cross-cutting the platform is ClearPass, a proprietary data quality rating framework that scores asset manager submissions into four tiers, with Gold/Green Transparency Icons for top performers. The CTS reports (CTS Cost Transparency Report, CTS Value for Money Report, CTS Comprehensive Benchmarking Report) serve the Irish market specifically under the IORP II framework. The platform's data supports compliance with UK Value Assessment, Consumer Duty, and EU IORP II Critical Review requirements.
Differentiator
Problem solved
Functional benefit
Brands
- ClearPass: An objective rating framework that assesses each data submission made through the ClearGlass platform by asset managers to their clients, measuring comprehensiveness of data delivery, transparency of costs, quality of data, and timely delivery.
Products and services
- Value for Money (VfM) Reporting
Quantifiable outcome
- 80% of UK pension schemes now use CTI templates, representing estimated AuM of £1.9 trillion
- +3 more outcomes
Companies that use ClearGlass
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
ClearGlass technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
ClearGlass partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship, core and regional.
- Nasdaq eVestmentflagshipClearGlass Analytics and Nasdaq eVestment announced a strategic partnership to deliver a new reporting suite designed to support assessment and benchmarking of investment performance relative to associated costs. The suite helps pension schemes within the European Union meet requirements under the EU IORP II Critical Review Directive and spans public and private market asset classes for both institutional asset owners and asset managers.
- National LGPS Frameworks / LGPS Scheme Advisory BoardcoreClearGlass was appointed as an approved provider on the new National LGPS Procurement Framework for Cost Transparency and Benchmarking Services, established jointly by National LGPS Frameworks team and the Local Government Pension Scheme Advisory Board for England and Wales (SAB). Appointed to both Lots: Lot 1 - Investment Cost Data Collation and Reporting Services, and Lot 2 - Investment Cost Data Analysis and Benchmarking Services.
- Irish Association of Pension Funds (IAPF)coreIAPF manages the introduction and implementation of the Cost Transparency Standard (CTS) in Ireland with full authority of the Department of Social Protection. IAPF provides access to all information resources including prescribed CTS Templates and manages asset owner registration.
- The Pensions Authority (Ireland)coreThe Irish pensions regulator announced introduction of Cost Transparency Standard (CTS) in Ireland with full authority of the Department of Social Protection. ClearGlass Ireland supports institutional asset owners and advisors with participation in the CTS.
- Irish Association of Pension Funds (IAPF)coreIAPF CEO Jerry Moriarty confirmed association's backing for CTI/CTS initiative during IAPF Spring Conference. IAPF committed to promoting CTI disclosure templates across membership and called upon asset managers to engage and provide necessary data to clients.
- Icelandic Pension Funds Association (Lífeyrismál.is)regionalClearGlass launched Cost Transparency Initiative (CTI) in Iceland with coordinating support from the Icelandic Pension Funds Association. 21 pension funds across Iceland with estimated AUM of £38bn (€45bn) can now access cost transparency frameworks.
Scale indicators10 records
Recent moves8 records
Expansion highlights5 records
ClearGlass competitors and assessment
Company assessmentMarket position
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
ClearGlass social profiles
Digital presenceClearGlass financial estimates
Financial estimateRevenue estimate
Valuation estimate
ClearGlass leadership team
Management profileNumber of profiles
Profiles3 records
ClearGlass funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ClearGlass M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ClearGlass
What does ClearGlass do?
ClearGlass operates an independent web-based data analytics platform that collects, verifies, and benchmarks cost and performance data from asset managers on behalf of institutional investors (pension schemes, advisors, asset managers). The platform powers the UK's Cost Transparency Initiative (CTI) and the Republic of Ireland's Cost Transparency Standard (CTS), generating Value for Money (VfM) reports, detailed benchmarking analytics, market positioning reports, and ClearPass data quality ratings across 46 investment strategies.
Is ClearGlass a public or private company?
ClearGlass is a private company. It is classified as venture growth investor backed and is currently operating.
When was ClearGlass founded?
ClearGlass was founded in 2019. It employs 11 to 50 people.
Where is ClearGlass based?
ClearGlass is headquartered in London, United Kingdom, in the Europe region.
How does ClearGlass make money?
One revenue line is on record: data Analytics and Benchmarking Services.
Does ClearGlass have an API?
No public API is recorded for ClearGlass.
What industry is ClearGlass in?
ClearGlass's product category is Institutional Investment Cost Transparency Analytics. Its primary akta.pro industry code is FSAGACAL, Data Quality, Monitoring & Observability (uptime, latency, reconciliation).