Clearwater Adds JPM's Morgan Money
A press release title, "CWAN and J.P. Morgan Asset Management Launch Automated Cash Management Solution for Hedge Funds," tells us, "Clearwater Analytics (CWAN) ... and J.P. Morgan Asset Management ... announced an integration that transforms how hedge funds manage cash. The solution links Enfusion by CWAN directly with the Morgan Money trading platform, J.P. Morgan Asset Management's short-term investment management solution, giving clients a single, automated workflow for investing and monitoring idle cash. Through this connection, hedge funds can now: Maximize idle cash by automatically investing in a diversified range of money market funds; Reduce concentration risk by spreading cash across multiple managers, custodians, and currencies; Improve liquidity visibility through real-time data and automated withdrawal and deposit capabilities; and, Eliminate manual treasury work, freeing teams to focus on trading and strategy." Scott Erickson, Chief Revenue Officer at Clearwater, says, "Every dollar sitting in a single account represents both a missed opportunity and unnecessary concentration risk. Together with J.P. Morgan Asset Management, we've built a system that makes cash an active, automated asset—helping hedge funds capture more yield, strengthen governance, and simplify operations." The release says, "The integration combines Enfusion by CWAN portfolio and order management capabilities with the MORGAN MONEY global money market fund platform, allowing users to select from multiple fund providers, currencies, and settlement options in one connected experience." Paul Przybylski, Global Head of Product Strategy and Morgan Money at J.P. Morgan Asset Management, comments, "Our collaboration with CWAN reflects our shared commitment to delivering institutional-grade solutions that simplify complexity. This integration gives hedge funds a straightforward way to enhance yield, diversification, and liquidity oversight—without adding operational burden." The statement adds, "The launch underscores a broader industry shift toward data-driven, automated treasury management as investors seek better control of cash and risk. To learn more about the CWAN and Morgan Money integration, visit www.cwan.com."
