Ridgeline, an industry cloud platform for investment management, has announced that Westwood is live on its front-to-back platform.
The firm, based in Dallas, Texas, selected Ridgeline to unify its core workflows and to expand support for complex asset classes.
By moving to one system of record, Westwood says that it is reducing manual processes and unlocking faster cross?team decision?making, all powered by Ridgeline's unified, real?time data model with embedded intelligence.
Brian Casey, CEO of Westwood, says: “This partnership enables us to scale with confidence and deliver even greater value to our clients.”
Casey adds: “Ridgeline provides a powerful foundation for our ambitious growth plans.
“As we continue to broaden our portfolio, support our custom indexing capabilities and consider expansion of our current investment offerings, this partnership enables us to scale with confidence and deliver even greater value to our clients.”
Westwood has ambitions to continue to grow and recently launched direct-indexing capabilities, further expanding its robust portfolio of more than US$18 billion assets under management.
Ridgeline's delivery model — weekly releases co-shaped with customer input — enables quick configuration of specialised workflows, which according to the firm, provides Westwood with increased flexibility and agility, reducing the time and effort required in system development.
During the build, the teams emphasised de-risked data migration, workflow validation across the front, middle, and back office, and measurable day-one value.
Dave Blair, CEO of Ridgeline, comments: "We're here to empower firms to say yes to growth without adding unnecessary complexity. Our cloud-native platform allows teams to operate leaner, respond faster, and continuously evolve as opportunities arise."
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