April 26, 2024

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Thornburg Investment decision Management Selects Clearwater Analytics for Long term-State Functions Platform

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BOISE, Idaho–(Business enterprise WIRE)–
Clearwater Analytics, a world SaaS provider, announced nowadays that Thornburg Financial commitment Management (“Thornburg”) has picked Clearwater’s financial investment accounting and reporting alternative. Clearwater will be an integral element of Thornburg’s operating platform.

Thornburg is a privately-owned global investment decision management organization based in Santa Fe, New Mexico. The agency offers a variety of active investment techniques to serve a broad spectrum of customer desires. Clearwater will present day-to-day aggregation, reconciliation, financial commitment accounting, functionality monitoring, and client reporting to support Thornburg’s active portfolio administration tactic and shopper objectives.

Clearwater presents a complete suite of middle- and back-office environment equipment crafted to remedy complex investment management problems, deliver unparalleled portfolio transparency, and scale with consumer advancement. This incorporates complete asset course protection, seamless system integrations, and configurable reviews to take care of exceptional client reporting needs. Investment decision administrators of all measurements proceed to decide on Clearwater to substitute legacy and manual info-entry technologies with a modern-day, automated, scalable alternative.

“We carefully evaluated several solutions from our present-day service provider alongside with assist from asset expert services. In the conclusion, Clearwater’s engineering and versatile design stood out from its friends,” mentioned Randy Dry, Main Running Officer for Thornburg. “Their marketplace information and remarkable technology gave us the self esteem in not only their alternative, but also their commitment to supporting our organization now and very well into the future.”

Clearwater helps hundreds of investment professionals, together with institutional asset administrators, RIAs, household places of work, OCIOs, fund managers, and other invest in-aspect corporations modernize their operational infrastructure and provide info-led purchaser assistance. Clearwater reviews on additional than $5.5 trillion in belongings for its shoppers daily.

“Thornburg is embarking on the critical venture that so several financial investment administrators are functioning toward ideal now – displacing their legacy technologies and generating efficiencies that generate both an instant gain in overall value of ownership and sustained extended-expression return on expense,” claimed Scott Erickson, Chief Functioning Officer for Clearwater Analytics. “We seem ahead to solving difficulties affiliated with reconciliation, accounting, and client reporting for the group at Thornburg and becoming element of their continued achievement.”

About Thornburg

Established in 1982, Thornburg Financial investment Administration is a privately-owned world investment decision business that offers a array of multi-system methods for establishments and monetary advisors. A regarded chief in set cash flow, equity and options 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 high-web-truly worth buyers and UCITS funds for non-U.S. buyers. Thornburg is headquartered in Santa Fe, New Mexico, with more places of work in London, Hong Kong and Shanghai.

At Thornburg, we believe that unconstrained investing prospects to improved results for our clients. Our culture is collaborative, and our investment decision alternatives are extremely active, significant conviction and benchmark agnostic. When it arrives to acquiring price for our clientele, it is additional than what we do, it’s how we do it: how we believe, how we invest and how we’re structured. For more details, go to www.thornburg.com or simply call (877) 215-1330.

About Clearwater Analytics

Clearwater Analytics is a world wide sector-foremost SaaS remedy for automated financial investment knowledge aggregation, reconciliation, accounting, and reporting. Each working day, the Clearwater option stories on a lot more than $5.5 trillion in belongings for consumers that involve leading insurers, asset administrators, corporations, pension options, governments, and non-profit corporations – assisting them make the most of their financial investment portfolio info with a environment-course merchandise and consumer-centric servicing. Expense gurus in 50 nations trust Clearwater to produce well timed, validated financial commitment knowledge and in-depth reporting. Further information about Clearwater can be uncovered at www.clearwater-analytics.com, LinkedIn, and Twitter.

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

Supply: Clearwater Analytics

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