Intelligent CIO APAC Issue 37 | Page 15

NEWS

Covenant Capital selects Clearwater Analytics for investment data management and portfolio analytics

“ We believe Clearwater offers the ideal combination of expertise and technological capabilities to support Covenant Capital ,” said Edwin Lee , CEO , Covenant Capital .
“ We will gain several significant advantages , including data consolidation that reduces manual data entry and operational risks .

Singapore-based independent wealth manager Covenant Capital – catering to high-net-worth individuals and families across Asia – has selected Clearwater Analytics to automate its investment data management .

Clearwater ’ s state-of-the-art reporting platform will conduct portfolio analytics and reporting for Covenant and enhance services for high-net-worth clients with valuable growth opportunities .
By streamlining operational tasks and eliminating inefficiencies , Clearwater will facilitate accurate , scalable reporting becoming an integral and reliable technology within Covenant Capital ’ s operating model .
“ Access to interactive dashboards and a single view of investment portfolios will empower our team to analyze data comprehensively and derive valuable insights .
“ With Clearwater ’ s local support and commitment to our clients ’ needs , we ’ ll be able to expand our business and provide our clients with accurate data on a timely basis . We ’ re delighted to welcome Covenant Capital to our growing client family in Asia ,” said Scott Erickson , Chief Revenue Officer , Clearwater Analytics .

Ericsson and Red Hat confirmed as Spark ’ s partners for NZ 5G network build

Spark has announced it is the first telco and digital services provider in New Zealand to start its 5G standalone network build – with technology vendors Ericsson and Red Hat .

While 5G networks in New Zealand currently use 4G for base connectivity , 5G standalone means 5G enabled cell towers will connect back into a 5G core , resulting in an end-to-end 5G network .
Renee Mateparae , Spark ’ s Network and Operations Director , says deploying a 5G standalone core will be the turning point for unlocking the transformative capabilities the technology can bring .
In making the announcement Spark confirmed Ericsson and Red Hat as technology partners for the 5G standalone network build .
The announcement follows the successful completion of a threemonth 5G Standalone trial in 2022 , comprising Ericsson ’ s dualmode 5G Core running on Red Hat OpenShift and integrated with Spark ’ s 5G Fixed Wireless Access Network ( FWA ) to test enhanced wireless broadband .
The trial confirmed and validated the technical capabilities of 5G Standalone technology on Spark ’ s network .
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