Avallis to Automate its Investment Accounting and
Reporting Operations with Clearwater's Award-Winning, SaaS-Based
Solutions
SINGAPORE and BOISE,
Idaho, Jan. 20, 2023 /PRNewswire/
-- Clearwater Analytics (NYSE: CWAN), a leading provider of
SaaS-based investment accounting, reporting, and analytics
solutions, today announced that Singapore-based fund manager Avallis
Investments has selected Clearwater Analytics to power its
investment data management, portfolio analytics, and investment
reporting operations in order to drive higher growth across its
business. Avallis Investments is an independent asset manager based
in Singapore aiming to continually
grow its presence in the high-net-worth wealth management space
across Asia.
![Clearwater Analytics (PRNewsfoto/Clearwater Analytics, LLC) Clearwater Analytics (PRNewsfoto/Clearwater Analytics, LLC)](https://mma.prnewswire.com/media/1502063/Clearwater_Analytics_Logo.jpg)
Clearwater's single instance,
multi-tenant technology platform will provide Avallis Investments
with a comprehensive view and a single source of truth for its
clients' investment portfolios. By eliminating the need to manually
aggregate, reconcile, and validate data from different sources and
systems, Avallis Investments will benefit from having "a single
pane of glass" to holistically view their entire investment
portfolio and easily respond to unique reporting challenges. As a
result, Avallis users will be able to derive actionable insights to
make more informed decisions that grow wealth.
"After evaluating a number of investment accounting and
front-to-back-office investment operations solutions, Clearwater
Analytics came out on top," said Gary
Cheo, CEO at Avallis Investments. "Clearwater's powerful network effects—its
single instance, multi-tenant architecture—delivers a clear
advantage for us in terms of speed, flexibility, and operational
efficiencies. It also aligns with our belief in an open,
transparent service model that empowers our clients and put their
interests first. In a few clicks, our clients can quickly drill
into portfolio specifics and track the necessary information to
make effective portfolio decisions, manage risk, and measure
performance."
"We're excited to work with Avallis Investments in supporting
their relationship managers with Clearwater's innovative, on-demand technology
platform that boosts operational efficiencies and
profitability," said Scott
Erickson, President, Americas and Asia, Clearwater Analytics. "Avallis
Investments joins our clients in Asia and around the world seeking a
transformational, more competitive path forward."
About Clearwater Analytics
Clearwater Analytics (NYSE: CWAN), a global, industry-leading
SaaS solution, automates the entire investment lifecycle. With a
single instance, multi-tenant architecture, Clearwater offers award-winning investment
portfolio planning, performance reporting, data aggregation,
reconciliation, accounting, compliance, risk, and order management.
Each day, leading insurers, asset managers, corporations, and
governments use Clearwater's
trusted data to drive efficient, scalable investing on more than
$5.9 trillion in assets spanning
traditional and alternative asset types. Additional information
about Clearwater can be found
at clearwateranalytics.com.
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SOURCE Clearwater Analytics