Thornburg Expenditure Administration Selects Clearwater Analytics for Future-Condition Functions Platform | Enterprise

BOISE, Idaho–(Business WIRE)–Apr 7, 2021–

Clearwater Analytics, a global SaaS service provider, declared now that Thornburg Expense Management (“Thornburg”) has selected Clearwater’s investment accounting and reporting answer. Clearwater will be an integral aspect of Thornburg’s functioning system.

Thornburg is a privately-owned world expenditure management organization centered in Santa Fe, New Mexico. The organization presents a array of energetic financial commitment tactics to provide a broad spectrum of consumer requires. Clearwater will offer day by day aggregation, reconciliation, financial investment accounting, functionality monitoring, and customer reporting to aid Thornburg’s energetic portfolio management solution and customer goals.

Clearwater offers a total suite of middle- and again-place of work applications developed to solve advanced investment decision management troubles, produce unparalleled portfolio transparency, and scale with customer growth. This consists of comprehensive asset course coverage, seamless technique integrations, and configurable studies to handle one of a kind customer reporting demands. Financial commitment supervisors of all sizes carry on to opt for Clearwater to swap legacy and handbook details-entry technologies with a contemporary, automated, scalable remedy.

“We closely evaluated several alternatives from our latest supplier along with assist from asset solutions. In the conclusion, Clearwater’s know-how and adaptable model stood out from its peers,” said Randy Dry, Main Running Officer for Thornburg. “Their marketplace awareness and remarkable engineering gave us the self-confidence in not only their option, but also their determination to supporting our organization nowadays and well into the potential.”

Clearwater aids hundreds of investment decision professionals, including institutional asset supervisors, RIAs, spouse and children places of work, OCIOs, fund administrators, and other get-side corporations modernize their operational infrastructure and supply facts-led shopper company. Clearwater reports on far more than $5.5 trillion in assets for its consumers every day.

“Thornburg is embarking on the critical project that so lots of expense administrators are functioning toward suitable now – displacing their legacy systems and generating efficiencies that develop each an instant benefit in whole charge of ownership and sustained prolonged-phrase return on expense,” mentioned Scott Erickson, Main Functioning Officer for Clearwater Analytics. “We search forward to solving worries connected with reconciliation, accounting, and client reporting for the team at Thornburg and staying component of their continued achievements.”

About Thornburg

Started in 1982, Thornburg Investment Management is a privately-owned international investment decision business that delivers a variety of multi-strategy remedies for establishments and monetary advisors. A acknowledged chief in preset income, fairness and solutions investing, the agency oversees $47 billion ($45 billion in AUM and $1.8 billion in AUA) as of February 28, 2021 throughout mutual resources, institutional accounts, independent accounts for large-net-really worth buyers and UCITS money for non-U.S. buyers. Thornburg is headquartered in Santa Fe, New Mexico, with extra workplaces in London, Hong Kong and Shanghai.

At Thornburg, we imagine unconstrained investing sales opportunities to greater outcomes for our consumers. Our lifestyle is collaborative, and our financial commitment options are really active, large conviction and benchmark agnostic. When it arrives to locating value for our clientele, it’s far more than what we do, it’s how we do it: how we believe, how we spend and how we’re structured. For far more info, go to www.thornburg.com or phone (877) 215-1330.

About Clearwater Analytics

Clearwater Analytics is a world-wide field-major SaaS option for automatic expenditure details aggregation, reconciliation, accounting, and reporting. Each individual working day, the Clearwater solution reports on a lot more than $5.5 trillion in assets for clients that incorporate top insurers, asset professionals, firms, pension programs, governments, and non-income corporations – supporting them make the most of their expenditure portfolio info with a entire world-class products and client-centric servicing. Expense pros in 50 nations belief Clearwater to supply well timed, validated financial commitment knowledge and in-depth reporting. More data about Clearwater can be observed at www.clearwater-analytics.com, LinkedIn, and Twitter.

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Gail Marold | 919-229-9141 |[email protected]

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Resource: Clearwater Analytics

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PUB: 04/07/2021 10:00 AM/DISC: 04/07/2021 10:01 AM

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