Clearwater Analytics has announced the launch of a new platform connection in partnership with Goldman Sachs.
The arrangement will link Clearwater with the Goldman Sachs Liquidity Solutions Portal, an online platform for trading, reporting and analytics for liquidity investments – for a single sign-on experience.
Investors who use both money market funds and separately managed accounts, or invest in direct securities, are currently required to access multiple systems to view their short-term investments, obtain information to help make informed investment decisions, or place trades.
The new partnership will enable Clearwater and Goldman Sachs Liquidity Solutions Portal users to access their investments through connected platforms – which offer consolidated dashboards for all short-term investments.
The platform will provide an optimally designed view across funds, direct securities, and separately managed accounts.
Clearwater COO, Scott Erickson, commented: “Our clients need more comprehensive solutions, including access to real-time data, trade execution pathways, and prime fund NAV details to support their daily investment data and trade operations.
“We are committed to providing these solutions, and this partnership and connectivity with Goldman Sachs’ liquidity platform is a big step in that direction.”
“Goldman Sachs has been a great partner, and our shared values of innovation and client success make this a very exciting new venture.”
The collaboration highlights the commitment of both firms to continue developing innovative tools, and help investors manage their liquidity needs.
By combining Clearwater’s leading portfolio reporting and analytics capabilities with the Goldman Sachs Liquidity Solutions Portal – and its execution services, risk management tools, and global market intelligence – users will be provided with a more comprehensive set of liquidity management tools.
Global head of Liquidity Solutions Global Business, Kathleen Hughes, added: “Liquidity management is a highly-fragmented space with a number of inefficiencies for our clients.
“This partnership will provide a consolidated dashboard across short-term portfolio holdings, combined with the fund trading and risk analytics of a leading execution platform. We’re excited about the opportunity this partnership represents for our clients and look forward to driving further innovation with Clearwater.”
The integrated capabilities have already been made available, and users may be eligible for Goldman Sachs’ new Mosaic platform beginning in 2020.