BOISE, Idaho — Clearwater Analytics, a global SaaS solutions provider, announced today that it was named the Best Cloud-Based Back/Middle Office Solution provider in the Investment Management Industry in the 2021 Fund Intelligence Operations and Services (FiOps) Awards.
Clearwater specializes in helping financial services firms, including investment managers, to integrate, scale, and optimize data reporting and analytics operations. According to Fund Intelligence, the award recognizes excellence and outstanding contributions made by business, operations, and technology leaders at asset management and service provider firms in the past year.
“As a leading service provider in our category, we often tout the technical efficiency of our solution and its ability to help drive business growth,” said Scott Erickson, Chief Operating Officer at Clearwater Analytics. “Ultimately what matters most is that we empower our clients and ensure their success by meeting each and every one of their unique needs. As we strive to be the most trusted and comprehensive technology solution for investment accounting and analytics, it’s our distinct privilege and honor to be recognized by Fund Intelligence.”
According to Fund Intelligence, the asset management servicing sector continues to evolve with a greater focus on technology, innovation, and integration. For more than 20 years, FiOps’ Tech and WSL Awards have highlighted the top achieving firms in the U.S. fund management trading and front-office space, while the Operations and Services Awards have celebrated the best vendors supporting fund groups’ back/middle office and other legal and operational functions. The full list of FiOps award winners can be accessed here.
In 2020, assets on the Clearwater platform increased by $2 trillion to $5.5 trillion. This growth includes increased assets from institutional asset managers, RIAs, family offices, OCIOs, fund managers, and other buy-side firms.