The mandate will combine Clearwater Analytics’ value proposition and investment lifecycle solutions with BNP Paribas Securities Services’ business platforms
Recent research from Clearwater Analytics has found that cost control through improved operational efficiency is the budget priority for 80 per cent of institutional asset owners heading into 2023.
CWAN found that those who did not have a clear strategy pointed the finger at the lack of available and credible data to evaluate investments on an ESG basis, compared with just 16.5 per cent who blamed lower returns
“I am excited to join an organisation that is focused not just on innovation and client experience but focused on its clients and its employees," comments Martin Wallmann
State Street has published its findings from a survey looking into the actions alternative asset managers plan to take in order to meet the growing needs of institutional investors
“Sustainable investment is increasing the challenges on data functions that are dealing with disparate, incomplete ESG data sets which are being used as inputs to internal modelling, exclusion checks and reporting," says Clare Vincent-Silk
The connectors programme is launching with four unaffiliated external firms — Clearwater Analytics, Financial Recovery Technologies, IdealRatings and OnCorps — while also using several BBH-built solutions