Finance Incorporated Limited

Finance Incorporated Limited, first in Malta to sign with Clearwater Analytics

Finance Incorporated Limited (FIL), an Electronic Money Institution based in Malta which operates Paymix Pro, iPaymix, Paymix SoftPOS, and Paymix VIA, has recently signed with Clearwater Analytics, a leading provider of investment risk management and accounting system.

Clearwater Analytics is a global SaaS company that primarily works within the investment industry, and can supply a detailed analysis of performance reporting, investment portfolio planning, accounting, compliance, and risk and order management.

“We are proud and honoured to be the first company to use Clearwater Analytics in Malta as a further way to mitigate risk, consolidate our investment portfolio, and streamline our accounting. Having access to the world’s most trusted investment accounting software gives us a more streamlined work process, and an effective way of identifying trends as they emerge, as well as better overall risk management and investment reconciliation,” said Pauline Seychell, CFO of Finance Incorporated Limited.

FIL, which services clients that range from individuals to corporate and enterprise level businesses, sees Clearwater Analytics as a platform that will contribute to the company’s growth and increase organisational efficiency. As FIL adapts to an increasingly global, secure, and digital economy, automating processes through Clearwater Analytics’ platform is critical to understanding the current state of the industry and to benefit from better risk management through a comprehensive overview of operations.

Used by governments, insurers, and corporations, Clearwater Analytics has recently won the 2023 fintech Breakthrough Award for ‘Best Overall Accounting Platform’ and operates with over $6.4 trillion in assets.

Signing with Clearwater Analytics provides Finance Incorporated Limited with a clear advantage over new and growing businesses within the industry, providing the organisation with significantly more powerful data reporting and an early prediction rate for trends.