Clarient Entity Hub Live with Five Large Firms

Barclays, Credit Suisse, Goldman Sachs, JPMorgan Chase and State Street first to tap utility.

matt-stauffer-july-2014
Matthew Stauffer, CEO of Clarient, talks about how his firm's goal is to eliminate manual, document-driven processes in the industry.

The five firms, which hold over $8 trillion in assets under management combined, are all part-founders of the company, which is a subsidiary of the Depository Trust & Clearing Corporation (DTCC).

BNY Mellon, also a co-founder, is currently in the onboarding process, along with the DTCC, Matthew Stauffer, CEO of Clarient, tells Buy-Side Technology. Both companies will go live with Clarient in the coming weeks.

Stauffer says there are three things that separate Clarient from other know-your-custom