Clearwater Analytics Establishes A Partnership With Flyer Financial...

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Clearwater Analytics Establishes A Partnership With Flyer Financial Technologies

CFO Tech Outlook | Thursday, March 24, 2022

Sarah Dawson, CFO Tech Outlook

The upshot of this collaboration will be a single, end-to-end experience that offers exceptional economies of scale by using the premier technologies of FlyerFT and Clearwater.

Fremont, CA: Clearwater Analytics, a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, joined hands with Flyer Financial Technologies, a provider of cloud-based portfolio management and order management systems, to assist Clearwater's asset management potential client in developing a comprehensive front-to-back office framework.

This collaboration will benefit FlyerFT and Clearwater joint clients by combining FlyerFT's cloud-based portfolio management, order management, and allocation capabilities with Clearwater's daily reconciliation, accounting book of record, client reporting, and extra accounting tools. The upshot of this collaboration will be a single, end-to-end experience that offers exceptional economies of scale by using the premier technologies of FlyerFT and Clearwater.

FlyerFT's Co-Pilot technology handles the most difficult trading operations for asset and wealth management businesses. As an all-in-one investment execution solution, Co-Pilot streamlines the trade lifecycle with a strong portfolio and order management system that is completely connected with the large Flyer Trading Network (FTN). The Co-Pilot platform centralizes end-to-end trade order formation, order management, and execution management, automating order blocking, quick order transmission, real-time allocations, and full end-of-day processing through direct FIX connectivity to custodians and brokers.

"We are excited to enter this partnership, as we have several mutual clients with Clearwater already, and this provides a key enhancement to help managers easily utilize a proven platform where both firms are invested in their success," said Rusty Sommer, Managing Director, Strategic Partnerships, Flyer. "This opens up best-in-class solutioning to firms who previously may have felt restricted to a single vendor model due to cost or other concerns."

 

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