Clearwater Analytics Selected By Erste Asset Management To Help Support Business Growth
Portfolio Pulse from Benzinga Newsdesk
Clearwater Analytics (NYSE:CWAN) has been selected by Erste Asset Management to aggregate multi-asset client investment data, aiming to support business growth by increasing asset flows and strengthening client service. This partnership marks Erste Asset Management, a major asset manager in Central and Eastern Europe with €81.4 billion in assets, joining Clearwater's community of European buy-side clients.
May 14, 2024 | 12:14 pm
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The partnership with Erste Asset Management is expected to positively impact Clearwater Analytics by potentially increasing its market share in Europe and enhancing its reputation in the asset management industry.
The partnership with Erste Asset Management, a leading asset manager in Central and Eastern Europe, is likely to provide Clearwater Analytics with increased exposure and credibility in the European market. This could lead to higher asset flows and improved client service capabilities, positively impacting CWAN's stock in the short term.
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