BOISE,
Idaho and NEW YORK,
June 29,
2022 /PRNewswire/ -- Clearwater Analytics (NYSE:
CWAN), a leading provider of SaaS-based investment accounting,
reporting, and analytics solutions, and LiquidityBook, a leading
provider of cloud-native trading solutions for the buy and sell
sides, announced today that they will leverage their proven
connectivity to offer clients an end-to-end portfolio investment
and operations experience.
The connectivity permits LiquidityBook and Clearwater clients to take advantage of
LiquidityBook's leading cloud-native solution for trade execution
management, portfolio management, regulatory compliance, and FIX
connectivity, paired with Clearwater's daily reconciliation, accounting
book of record, client reporting, and compliance and risk platform.
The result is a unified, end-to-end user experience for buy-side
and outsourced traders, offering unmatched efficiency.
"Three years ago, we set out to migrate all our on-premise
technology to truly scalable cloud services. We chose LiquidityBook
as our trading platform and Clearwater Analytics for portfolio
accounting," said Scott Latimer,
Principal and Director of Information Technology at Montag &
Caldwell. "Both solutions were built from the ground up as
cloud-native solutions, and not just hosted servers. Our experience
with both firms has dramatically improved our processes, and the
integration between them has given us a complete cloud
solution."
"LiquidityBook brings an impressive track record of success in
delivering quality order management and portfolio management
solutioning for funds, SMA managers, and a host of other investment
managers," said Scott Erickson,
President, Americas at Clearwater Analytics. "Together these
solutions offer great efficiency due to our strong technical
alignment, scalability, and SaaS-based architecture. Both companies
have demonstrated a commitment to tight integration, supporting
several clients with increasingly complex investments."
With a transparent business model, instantaneous client-driven
product enhancements and expert support professionals,
LiquidityBook provides highly scalable SaaS-based trade management
products that enable buy-side, sell-side, and outsourced trading
firms to connect, track, and execute trades with unmatched
efficiency. The company offers a full suite of multi-asset trading
tools.
"Clearwater Analytics has earned a strong reputation among our
client base thanks to its highly accurate investment accounting and
reporting software," said Kevin
Samuel, CEO at LiquidityBook. "We have several mutual
clients that have enjoyed success while leveraging our platforms
together. Clearwater and
LiquidityBook have similar philosophies, from our approach to
technology, to our commitment to client service, to our belief in
the transformative power of a more efficient buy-side workflow.
Given all that, this offering delivers a logical end-to-end
solution for clients."
About LiquidityBook
LiquidityBook is a leading provider of cloud-native buy- and
sell-side trading solutions and is trusted by many of the
industry's largest and most sophisticated firms. The LiquidityBook
platform is easily configurable and enhanced daily with client
requests, giving these firms peace of mind that their trading
platform will adapt and scale as they grow. A disruptive force in
the market for over 15 years, the founder-led LiquidityBook backs
their platform with unparalleled support and employs a
client-centric business model with no hidden fees. For more
information, please visit www.liquiditybook.com or contact
sales@liquiditybook.com.
About Clearwater Analytics
As the industry-leading SaaS solution for investment accounting
and reporting, Clearwater enables
growth of assets under management (AUM) for more than 1,100 clients
including pension plans, governments, global insurers, asset
managers, and corporations. Each day, Clearwater automates data collection,
reconciliation, compliance, risk, and performance reporting across
$5.9T of AUM with its comprehensive
cloud platform and best-in-class service
team. Additional information about Clearwater can be found at
clearwateranalytics.com, LinkedIn, and Twitter.
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SOURCE Clearwater Analytics