Clearwater Analytics and TreasurySpring have announced an integrated cash management platform. This links the investment tools offered by the former to a portfolio of over 1,000 cash products on offer from the latter. This partnership will empower institutional clients with the right means to manage surplus funds through fixed-term investments and maturity matching.
Fixed-Term Access Assures Predictable Return
The institutional client receives predictable returns in line with certain maturity dates and diversified risk profiles through the cash management platform. The clients have access to over 120 well-rated banks, governmental bodies, agencies, and corporate entities through the platform. In addition, clients achieve stronger risk profiles through repo market opportunities, which are not normally available to most cash investors.
Automation Enhances Reporting and Operations
The whole purpose of the integration is to ease the task of Clear account users through automated settlement and live reporting in their existing accounting applications, while the combined solution also offers visibility across different currencies and multiple counterparties.
Platform Powers More Transparency and Portfolio Control
TreasurySpring supplements Clearwater’s institutional-grade accounting and analytics capabilities with the efficiency of deploying surplus cash. Transparency is maintained on the platform as it gives the institutions greater control over the cash portfolios.
Executives Highlight Strategic Value
“We’ve spent a decade building connectivity to the highest credit-rated counterparties in the world,” said Henry Adams, US CEO and Global Head of Capital Markets at TreasurySpring. “This integration enables Clearwater’s and TreasurySpring’s mutual clients to precisely match liabilities with fixed maturities while enhancing returns on surplus cash within their existing workflow. It’s a strategic complement that offers flexibility while maintaining the certainty, transparency, and security that treasurers demand.”
“By integrating Clearwater’s fixed-term investment capabilities alongside TreasurySpring’s existing liquidity solutions, we are providing clients with options to address every aspect of their cash strategy,” said Shane Akeroyd, Chief Strategy Officer and President, Asia Pacific at Clearwater Analytics.
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News Source: Businesswire.com
