Covenant Capital Selects Clearwater Analytics for Investment Data Management and Portfolio Analytics

Rhea-AI Summary

Clearwater Analytics has announced that Covenant Capital, a Singapore-based wealth manager, has selected their platform to automate investment data management and enhance services for high-net-worth clients. The platform will streamline operational tasks and provide accurate reporting, giving Covenant Capital several advantages.

Positive

• Covenant Capital has selected Clearwater Analytics to automate investment data management and enhance its services for high-net-worth clients.
• Clearwater's reporting platform will offer automation, reporting consistency, and an improved digital end-user experience.
• The platform will streamline operational tasks and eliminate inefficiencies, facilitating accurate and scalable reporting.

Negative

• None.

Covenant Capital Arms Wealth Managers with Award-Winning, SaaS-Based Platform to Serve High-Net-Worth Clients

SINGAPORE and BOISE, Idaho, July 18, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that Singapore-based independent wealth manager Covenant Capital has selected Clearwater Analytics to automate investment data management, conduct portfolio analytics and reporting, and enhance its services for high-net-worth clients with valuable growth opportunities. Covenant Capital caters to high-net-worth individuals and families across Asia.

Clearwater's state-of-the-art reporting platform will support Covenant Capital's reporting requirements, offering automation, reporting consistency and an overall improved digital end-user experience. By streamlining operational tasks and eliminating inefficiencies, Clearwater will facilitate accurate, scalable reporting, becoming an integral and reliable technology within Covenant Capital's operating model. 

"We believe Clearwater offers the ideal combination of expertise and technological capabilities to support Covenant Capital," said Edwin Lee, CEO at Covenant Capital. "We will gain several significant advantages, including data consolidation that reduces manual data entry and operational risks. Access to interactive dashboards and a single view of investment portfolios will empower our team to analyze data comprehensively and derive valuable insights. With Clearwater's local support and commitment to our clients' needs, we'll be able to expand our business and provide our clients with accurate data on a timely basis."

"We're delighted to welcome Covenant Capital to our growing client family in Asia," said Scott Erickson, Chief Revenue Officer at Clearwater Analytics. "Prominent wealth managers around the world, including Covenant Capital, attribute their choice of Clearwater to our robust data infrastructure. When organizations choose us over other vendors, they gain access to the highest quality and industry-leading investment reporting platform that enables their relationship managers to drive returns for their clients. The holistic perspective we provide empowers them to increase revenue retention and seize growth opportunities."

To learn about Clearwater's investment accounting software, talk to one of our experts today.

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 $6.4 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

FAQ

What is Clearwater Analytics?

Clearwater Analytics is a provider of SaaS-based investment management, accounting, reporting, and analytics solutions.

What advantages will Covenant Capital gain from using Clearwater Analytics?

Covenant Capital will benefit from data consolidation, reduced manual data entry, operational risk reduction, access to interactive dashboards, and a single view of investment portfolios.

What services does Covenant Capital provide?

Covenant Capital is an independent wealth manager catering to high-net-worth individuals and families across Asia.

What is the role of Clearwater Analytics in Covenant Capital's operating model?

Clearwater Analytics will become an integral and reliable technology within Covenant Capital's operating model, facilitating accurate and scalable reporting.

What is the expertise of Clearwater Analytics?

Clearwater Analytics offers expertise and technological capabilities in investment reporting and data management.