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INVESTMENT MANAGEMENT, FUNDING

Singapore's Avallis Investments Chooses Clearwater Analytics to Grow Business

Clearwater Analytics | January 23, 2023 | Read time : 04:00 min

Avallis Investments Chooses Clearwater Analytics

Clearwater Analytics recently announced that Singapore-based fund manager Avallis Investments chose the company to power its investment data management, portfolio analytics, and investment reporting operations in order to drive higher growth across its business.

The supply of investment accounting, reporting, and analytics solutions is an area in which Clearwater Analytics excels thereby, making it a market leader. Avallis Investments is a privately-held asset management firm that operates out of its headquarters in Singapore. The organization's primary goal is to grow the company's presence in the high-net-worth wealth management market in Asia.

Clearwater's single instance, multi-tenant IT platform will give Avallis Investments a complete picture and single source of truth for its clients' investment portfolios. It will gain ‘a single pane of glass’ to examine their entire investment portfolio and quickly address specific reporting difficulties by eliminating the need to manually collect, reconcile, and validate data from diverse sources and systems. Thus, Avallis users can gain practical insights for wealth-building decisions.

Gary Cheo, CEO at Avallis Investments, observed, "After evaluating a number of investment accounting and front-to-back-office investment operations solutions, Clearwater Analytics came out on top."

(Source – Cision PR Newswire)

He further added, "Clearwater's powerful network effects—its single instance, multi-tenant architecture—delivers a clear advantage for us in terms of speed, flexibility, and operational efficiencies. It also aligns with our belief in an open, transparent service model that empowers our clients and put their interests first. In a few clicks, our clients can quickly drill into portfolio specifics and track the necessary information to make effective portfolio decisions, manage risk, and measure performance."

(Source – Cision PR Newswire)

Scott Erickson, President, Americas and Asia, Clearwater Analytics expressed, "We're excited to work with Avallis Investments in supporting their relationship managers with Clearwater's innovative, on-demand technology platform that boosts operational efficiencies and profitability." "Avallis Investments joins our clients in Asia and around the world seeking a transformational, more competitive path forward," he concluded.

(Source – Cision PR Newswire)

About Clearwater Analytics

Clearwater Analytics is one of the leading web-based investment portfolio accounting, reporting, and reconciliation services for institutional investors at hundreds of organizations. It reconciles and reports on $5.5 trillion in assets across thousands of accounts daily. The company provides the global standard for investment portfolio reporting from its headquarters in Boise (Idaho) and offices in Edinburgh, Frankfurt, London, New Delhi, New York, Paris, Seattle, Singapore, and Washington, D.C.

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