Thornburg Financial commitment Management Selects Clearwater Analytics for Long term-State Functions System | Organization
3 min readBOISE, Idaho–(Business WIRE)–Apr 7, 2021–
Clearwater Analytics, a world SaaS service provider, introduced today that Thornburg Financial investment Administration (“Thornburg”) has selected Clearwater’s investment accounting and reporting alternative. Clearwater will be an integral aspect of Thornburg’s functioning system.
Thornburg is a privately-owned international investment administration company dependent in Santa Fe, New Mexico. The business provides a assortment of active investment techniques to serve a wide spectrum of client desires. Clearwater will present day by day aggregation, reconciliation, investment accounting, general performance tracking, and customer reporting to assist Thornburg’s energetic portfolio administration tactic and shopper plans.
Clearwater presents a complete suite of center- and back-office resources developed to resolve sophisticated financial commitment administration difficulties, deliver unparalleled portfolio transparency, and scale with shopper advancement. This involves thorough asset course protection, seamless method integrations, and configurable stories to manage one of a kind customer reporting desires. Investment decision administrators of all measurements carry on to decide on Clearwater to switch legacy and manual data-entry technologies with a modern day, automated, scalable solution.
“We carefully evaluated several possibilities from our recent supplier together with assistance from asset companies. In the close, Clearwater’s technological know-how and flexible design stood out from its friends,” mentioned Randy Dry, Main Running Officer for Thornburg. “Their field awareness and impressive technology gave us the self confidence in not only their alternative, but also their commitment to supporting our enterprise right now and properly into the potential.”
Clearwater can help hundreds of expenditure supervisors, such as institutional asset supervisors, RIAs, relatives offices, OCIOs, fund professionals, and other buy-side firms modernize their operational infrastructure and deliver knowledge-led consumer support. Clearwater reports on much more than $5.5 trillion in belongings for its clientele everyday.
“Thornburg is embarking on the critical venture that so quite a few expenditure professionals are doing the job toward ideal now – displacing their legacy technologies and producing efficiencies that create both of those an quick gain in whole expense of ownership and sustained lengthy-expression return on expense,” mentioned Scott Erickson, Main Operating Officer for Clearwater Analytics. “We glance forward to solving troubles connected with reconciliation, accounting, and client reporting for the crew at Thornburg and remaining component of their continued achievements.”
About Thornburg
Launched in 1982, Thornburg Expense Administration is a privately-owned world expenditure business that features a range of multi-system alternatives for institutions and money advisors. A recognized chief in preset earnings, fairness and alternatives investing, the agency oversees $47 billion ($45 billion in AUM and $1.8 billion in AUA) as of February 28, 2021 throughout mutual funds, institutional accounts, separate accounts for higher-internet-worth traders and UCITS cash for non-U.S. buyers. Thornburg is headquartered in Santa Fe, New Mexico, with extra places of work in London, Hong Kong and Shanghai.
At Thornburg, we believe unconstrained investing leads to much better results for our consumers. Our culture is collaborative, and our investment remedies are very energetic, significant conviction and benchmark agnostic. When it arrives to getting benefit for our customers, it’s extra than what we do, it is how we do it: how we consider, how we spend and how we’re structured. For additional information and facts, go to www.thornburg.com or get in touch with (877) 215-1330.
About Clearwater Analytics
Clearwater Analytics is a world wide business-major SaaS remedy for automatic financial commitment knowledge aggregation, reconciliation, accounting, and reporting. Each individual day, the Clearwater answer experiences on additional than $5.5 trillion in belongings for clientele that involve leading insurers, asset administrators, corporations, pension strategies, governments, and non-gain companies – assisting them make the most of their financial commitment portfolio data with a world-class solution and consumer-centric servicing. Financial investment professionals in 50 nations have faith in Clearwater to deliver well timed, validated financial commitment info and in-depth reporting. Further info about Clearwater can be identified at www.clearwater-analytics.com, LinkedIn, and Twitter.
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Gail Marold | 919-229-9141 |[email protected]
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Copyright Business enterprise Wire 2021.
PUB: 04/07/2021 10:00 AM/DISC: 04/07/2021 10:01 AM
Copyright Business enterprise Wire 2021.
