Announced
Financials
Tags
Financial Data and Systems
Domestic
United States
Private
Friendly
Single Bidder
financial services
Acquisition
Majority
Pending
Synopsis
Clearwater Analytics, a SaaS-based investment management, accounting, reporting, and analytics solutions provider, agreed to acquire risk and performance analytics solutions from Wilshire Advisors, a global financial services firm. Financial terms were not disclosed. “Our team has built a robust, time-tested suite of solutions that delivers actionable insights and continues to represent the gold standard in the industry. Clearwater is the ideal steward to expand the business, invest in these capabilities, and accelerate the growth of these analytic tools to serve a wide range of clients,” Andy Stewart, Wilshire CEO.
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