LiquidityBook partners with Clearwater to improve buy-side experience

Rick Steves

Together these solutions offer great efficiency due to the firm«s strong technical alignment, scalability, and SaaS-based architecture

Clearwater Analytics and LiquidityBook have joined forces to leverage their proven connectivity to offer clients an end-to-end portfolio investment and operations experience, the firms announced.

The SaaS-based investment accounting, reporting and analytics firm has partnered with the provider of cloud-native trading solutions for the buy and sell sides in order to bring an efficient and unified, end-to-end user experience for buy-side and outsourced traders,

The connectivity permits LiquidityBook and Clearwater clients to take advantage of LiquidityBook’s leading cloud-native solution for trade execution management, portfolio management, regulatory compliance, and FIX connectivity, paired with Clearwater’s daily reconciliation, accounting book of record, client reporting, and compliance and risk platform.

Trading platform + portfolio accounting

Scott Latimer, Principal and Director of Information Technology at Montag & Caldwell, said: “Three years ago, we set out to migrate all our on-premise technology to truly scalable cloud services. We chose LiquidityBook as our trading platform and Clearwater Analytics for portfolio accounting. Both solutions were built from the ground up as cloud-native solutions, and not just hosted servers. Our experience with both firms has dramatically improved our processes, and the integration between them has given us a complete cloud solution.”

Scott Erickson, President, Americas at Clearwater Analytics, commented: “LiquidityBook brings an impressive track record of success in delivering quality order management and portfolio management solutioning for funds, SMA managers, and a host of other investment managers. Together these solutions offer great efficiency due to our strong technical alignment, scalability, and SaaS-based architecture. Both companies have demonstrated a commitment to tight integration, supporting several clients with increasingly complex investments.”

Kevin Samuel, CEO at LiquidityBook, added: “Clearwater Analytics has earned a strong reputation among our client base thanks to its highly accurate investment accounting and reporting software. We have several mutual clients that have enjoyed success while leveraging our platforms together. Clearwater and LiquidityBook have similar philosophies, from our approach to technology, to our commitment to client service, to our belief in the transformative power of a more efficient buy-side workflow. Given all that, this offering delivers a logical end-to-end solution for clients.”

LiquidityBook provides scalable SaaS-based trade management products that enable buy-side, sell-side, and outsourced trading firms to connect, track, and execute trades. The company offers a full suite of multi-asset trading tools.

Clearwater automates data collection, reconciliation, compliance, risk, and performance reporting across $5.9T of AUM with its comprehensive cloud platform and best-in-class service team.

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