BOISE, Idaho–(Business enterprise WIRE)–Clearwater Analytics, a world wide SaaS solutions provider, introduced today that Ballast Equity Management has selected Clearwater’s financial commitment details administration, reconciliation, and reporting answer to serve as the accounting and reporting foundation for Ballast’s methods.
With additional than 20 many years of investing practical experience, Ballast’s mission is to assist customers access their very long-time period fiscal plans by way of investment in significant-good quality smaller- and mid-cap value stocks. Clearwater will present Ballast with everyday investment decision information reconciliation, consumer invoicing, composite administration, customer statements, and other resources to guidance the firm’s mission. Clearwater’s accounting and reporting instruments will also guidance Ballast’s ebook of organization as the firm grows in a new market place.
“We evaluated a selection of solutions, but Clearwater’s workforce and technology stood out for their potential to support us grow and scale without raising operations headcount,” stated Josh Freedman, Chief Working Officer at Ballast Fairness Management. “Clearwater’s working experience in the space promptly aided us understand the purchase management technique (OMS) vendors they do the job with, so we built the easy decision to pick Clearwater for our functioning system and their OMS advice for our front conclusion.”
Clearwater will help hundreds of financial investment managers, which include institutional asset supervisors, RIAs, relatives offices, OCIOs, fund supervisors, and other purchase-aspect firms modernize their operational infrastructure and produce data-led customer company. Clearwater experiences on much more than $5.5 trillion in assets for its shoppers day by day.
“Ballast Equity Administration has an amazing track file, to the great advantage of their clientele,” claimed Scott Erickson, Chief Operating Officer at Clearwater Analytics. “We are fired up to pair these skills with our personal exclusive proficiency: an marketplace-greatest accounting and reporting remedy. Ballast can carry on to do what they do finest, and Clearwater will make sure their functions infrastructure is economical, scalable, and cutting-edge.”
About Ballast Fairness Management
Ballast Fairness Administration is an staff-owned asset administration business that invests together with its consumers in large conviction portfolios of good quality smaller and mid-capitalization companies. Ballast manages these portfolios of publicly traded corporations for folks, household offices and institutions. Primarily based in Oakbrook Terrace, Illinois, Ballast was founded in 2016 by Jeff Kautz and Randy Hughes, financial investment industry experts who formerly held senior roles at Perkins Expenditure Administration and have invested collectively for about 20 several years. Far more information might be uncovered at www.ballastequity.com.
About Clearwater Analytics
Clearwater Analytics is a worldwide sector-major SaaS remedy for automatic investment decision facts aggregation, reconciliation, accounting, and reporting. Every working day, the Clearwater option stories on far more than $5.5 trillion in property for customers that include things like foremost insurers, asset administrators, organizations, pension designs, governments, and non-revenue organizations – encouraging them make the most of their investment portfolio data with a planet-course merchandise and client-centric servicing. Investment decision pros in 50 nations have faith in Clearwater to provide well timed, validated expenditure facts and in-depth reporting. Additional information and facts about Clearwater can be identified at www.clearwater-analytics.com, LinkedIn, and Twitter.