4.2 C
London
Tuesday, January 14, 2025

Clearwater to Acquire Enfusion for $1.5 Billion

Expanding Investment Management Platform with Unified Front-to-Back Capabilities

Highlights:

  1. $1.5 billion acquisition by Clearwater Analytics.
  2. Integration of Enfusion’s front-office capabilities with Clearwater’s middle and back-office solutions.
  3. Creation of a unified, cloud-native platform for institutional investors.

Summarized Story:

Clearwater Analytics has announced a definitive merger agreement to acquire Enfusion for $1.5 billion. This acquisition aims to expand Clearwater’s investment management platform by integrating Enfusion’s front-office capabilities, including IBOR, portfolio, and order management, with Clearwater’s middle and back-office solutions.

The result will be a unified, cloud-native platform designed to serve institutional investors more efficiently.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Revolut Expands into Private Banking: A New Era of Financial Services

Discover How Revolut is Shaping the Future of Private...

Bank of England Launches Digital Pound Lab for Future Currency Innovation

Exploring the Implications of a Central Bank Digital Currency...

Lemfi Secures $5.3 Million to Revolutionize Financial Services for Immigrants

Innovative platform aims to bridge the financial gap for...

Sygnum Achieves Unicorn Status After $58 Million Capital Raise

A Landmark Moment for the Digital Asset Bank and...

Intelligent Lending Expands Portfolio with TotallyMoney Acquisition

A strategic move to enhance financial services and customer...

Robinhood to Pay $45 Million for Regulatory Failures

Exploring the Consequences of Financial Missteps in the Brokerage...

Nubank México Partners Oxxo for Cash Withdrawals and Deposits

Nubank Expands Cash Network in Mexico with Oxxo PartnershipHighlights:...

Shift4 Payments and SEC Settle Disclosure Violation Concerns

A resolution reached as Shift4 Payments addresses regulatory compliance...

Related Articles

Popular Categories

spot_imgspot_img