Clearwater Analytics Completes Acquisition of JUMP Technology
Clearwater Analytics Holdings, Inc., a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, completed its previously announced acquisition of JUMP Technology, a Paris, France-based provider of investment management software. With the addition of JUMP Technology, Clearwater Analytics positions itself to become an industry-leading provider of innovative, end-to-end solutions to investment management companies globally.
Companies will benefit from JUMP’s feature-rich modular technology consisting of front and middle office investment management capabilities spanning portfolio management, order management, and unit linked fund processing. JUMP’s advanced performance management module will complement Clearwater’s award-winning investment accounting platform by providing clients with more sophisticated algorithms for investment performance management and attribution.
Recommended AI: AMD Expands Data Center Solutions Capabilities with Acquisition of Pensando
“Our acquisition of JUMP Technology accelerates and enhances Clearwater’s ability to disrupt the investment management solutions landscape. As a result, Clearwater is in a unique position to offer companies a comprehensive alternative to legacy technology,” said Sandeep Sahai, CEO at Clearwater Analytics. “Combining these companies not only doubles our European presence, but also allows us to offer our clients best-in-class products coupled with industry-leading services. We’re thrilled that investment managers everywhere can now tap Clearwater to accelerate efficiencies across the entire investment lifecycle and unlock new sources of growth. We look forward to continuing to drive our disruptive solutions to new geographic regions and organizations throughout the world.”
JUMP Technology is a leading provider of investment management software in France and several other countries in Europe. Covering the entire investment management value chain, JUMP’s solutions can be customized for investment management companies, private banks, family offices, insurers, and institutional investors.
“JUMP Technology powers versatile, scalable solutions to meet critical business needs, such as portfolio management, order management, reporting, data management, performance attribution, net asset value calculation, compliance, accounting as well as the entire front-to-back value chain,” said Emmanuel Fougeras, President at JUMP Technology. “We’re excited to take this platform to customers worldwide.”
Recommended AI: Top 10 Martech Platforms Every Marketing Team Love Having in their Stack
[To share your insights with us, please write to sghosh@martechseries.com]
Comments are closed.