Streamlines Fund and Wealth Management Activities
Across the Entire Investment Lifecycle with Clearwater JUMP
BOISE,
Idaho and PARIS,
June 18,
2024 /PRNewswire/ -- Clearwater Analytics (NYSE:
CWAN), a leading worldwide provider of SaaS-based investment
management, accounting, reporting, and analytics solutions, today
announced that Galilée Asset Management (AM) will implement
Clearwater JUMP to consolidate fund and wealth activities across
its investment lifecycle. The platform's deployment comes as
Galilée AM seeks to support its rapid growth and consolidate its
activities after acquiring several investment management
companies.
Galilée AM specializes in fund and wealth management, primarily
in equity and fixed income. The France-based company chose Clearwater JUMP for
its end-to-end asset management platform that provides complete
functional coverage for front, middle, and back-office investment
operations. With Clearwater,
Galilée AM aims to connect seamlessly with all its counterparties,
leverage critical market data, and optimize trading processes.
"In Clearwater, we have found a long-term partner allowing us to
centralize our multi-entity and multi-activity business on a single
platform," said Roni Michaly, CEO of Galilée AM. "Clearwater is a technological upgrade and a
strategic move to consolidate our operations, drive efficiencies,
and foster sustainable growth."
In each of its entities Galilée AM has historically utilized
multiple in-house solutions involving many manual processes for
order consolidation. Clearwater's
JUMP suite of products will solve these inefficiencies and reduce
costs with the Clearwater platform
bringing data together for Galilée AM's teams and giving users a
consolidated view across the business. Galilée AM cited a
world-class user experience, platform scalability, and quick
implementation as reasons to implement Clearwater. Expected benefits for Galilée AM
include a cohesive platform for all acquired entities, accurate
group-level reporting, and streamlined middle-office activities to
increase efficiency.
"Our partnership with Galilée AM exemplifies our commitment to
delivering innovative, scalable solutions that meet the complex
needs of today's asset managers," said Emmanuel Fougeras, President of Clearwater's JUMP suite of products. "By
choosing Clearwater JUMP, Galilée AM has embraced technological
advancement and positioned itself for sustainable growth and
operational excellence. We look forward to supporting their vision
and continued expansion."
To learn more about Clearwater Analytics, speak to an expert
today.
About Galilée AM
Founded in 2000 and based in Strasbourg and Paris, Galilee AM offers multi-thematic
expertise in fund and securities selection through its investment
solutions for individual, professional and institutional clients.
Its entrepreneurial structure and its capital independence from any
banking or insurance network is the guarantee of great freedom in
investment decisions. Galilee AM is a signatory to the PRI (UN
Principles for Responsible Investment). For more information about
Galilee Asset Management: www.galilee-am.com.
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
$7.3 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