A top supplier of SaaS-based investment accounting, reporting, and analytics solutions, said today that it has reached a deal to acquire JUMP Technology, a company situated in Paris, France. With a full front-to-back solution, the deal greatly increases Clearwater Analytics’ operational and investment management capabilities. Within the next two months, the deal should finalize.
JUMP Technology is a cutting-edge modular firm focused on the asset management industry, from asset managers to hedging businesses, including global leaders Rothschild & Co Asset Management, Groupama, Groupe VYV, APICIL Asset Management, and Moneta Asset Management as clients. His platform was developed using technology. institutional investors, private banks, family offices, insurance companies, etc.
JUMP solutions cover the entire investment management value chain for a wide range of financial instruments in a single software platform that combines data management, front, middle, back office and reporting capabilities. JUMP’s modular approach allows clients to use specific solutions for specific business needs (PMS, OMS, performance attribution, NAV, unit-linked funds, reporting, or the entire front-to-back value chain).
The acquisition will enable Clearwater to offer an innovative end-to-end platform to the hedge fund and investment management industry. Combined with Clearwater Prism, it provides an enterprise-class solution for investment managers of all sizes.
Emmanuel Fugueras, the creator of JUMP, and his colleagues were a delight to meet, CEO of Clearwater Analytics. They have a remarkable dedication to innovation and creating the greatest platform for their customers. JUMP We are thrilled to welcome our staff and clients to the Clearwater family and are looking forward to establishing market leadership across industries in tandem.
The JUMP platform’s modular design enables Clearwater’s existing and future customers to benefit from best-in-class front office modules as well as cutting-edge performance and mapping features linked with the Clearwater platform. Get the unit-linked funds’ end-of-offer feature.
Emmanuel Fougeras, Founder and CEO of JUMP Technology, said: “Clearwater shares our passion for building innovative technology that enriches the customer experience and enables wealth managers and insurers to grow with confidence. We can’t think of a better place to continue our mission and bring JUMP’s technology to our global customer base.