Clearwater Analytics (NYSE: CWAN), a Boise, ID-based provider of SaaS-based investment accounting, completed the acquisition of Jump Technology, a Paris, France-based provider of investment management software.
The amount of the deal was not disclosed.
With the acquisition, Clearwater Analytics will consolidate its market position and accelerate growth of its end-to-end solutions to investment management companies globally.
Led by Emmanuel Fougeras, President, Jump Technology is a provider of investment management software in France and other countries in Europe. Covering the entire investment management value chain, its solutions can be customized for investment management companies, private banks, family offices, insurers, and institutional investors.
Led by CEO Sandeep Sahai, Clearwater Analytics provides SaaS solution for automated investment data aggregation, reconciliation, accounting, compliance, risk, performance, and reporting. Its solution reports on in assets for clients that include insurers, asset managers, corporations, pension plans, governments, and nonprofit organizations – helping them make their investment portfolio data with a product and client-centric servicing.
FinSMEs
01/12/2022