Clearwater Analytics picks up SaaS business Enfusion in $1.5 billion deal
The transaction is expected to complete in Q2 2025, subject to regulatory approvals.
The transaction is expected to complete in Q2 2025, subject to regulatory approvals.
As part of the development, Clearwater will aggregate multi-asset client investment data, help increase asset flows and improve client service.
The transaction is expected to close later this quarter and create a the newly combined entity co-branded as Clearwater Wilshire Analytics.
The past week saw appointments across dealing, foreign exchange, equities and sales.
Incoming individual will take up the role of EMEA managing director at Clearwater after serving for two and a half years at Aladdin and previously holding roles at IHS Markit, FactSet and Thomson Reuters and Great Point Capital.
The solution – which claims to be the first of its kind for the investment management industry – will be available to select clients in the second half of this year.
A new survey seen by The TRADE finds that pessimism in stock markets is on the rise, with numerous asset managers reporting losses and over half fearing a prolonged recession.
Cloud computing and machine learning expert Warren Barkley joins data aggregation and portfolio reporting platform Clearwater Analytics.