Wasatch Global Investors goes live on ridgeline, modernizing operations on the unified, ai-native platform. GlobeNewswire Published Aug 04, 2026 Article content The $23B asset manager adopts Ridgeline to simplify operations, consolidate workflows, and "redirect toward higher-value work." Article content INCLINE VILLAGE, Nev., Aug. 04, 2026 (GLOBE NEWSWIRE) - Ridgeline, the AI-native platform for modern investment management, today announced that Wasatch Global Investors is live on the Ridgeline platform. Article content Wasatch, a $23 billion asset manager based in Salt Lake City, selected Ridgeline to modernize its technology after more than three decades on legacy systems. The firm set out to replace disconnected platforms, simplify operations, and establish a scalable foundation for its next phase of growth. Wasatch was looking for a long-term technology partner to evolve with the firm and found that in Ridgeline. Article content Advertisement 1 Story continues below This advertisement has not loaded yet, but your article continues below. Article content "Ridgeline wasn't simply rebuilding legacy software - they were rethinking how an investment management platform should operate," said Hollie Strasburg, Chief Operating Officer at Wasatch Global Investors. Article content Top Stories Interested in more newsletters? Browse here. Article content The firm's focus on establishing a sound AI strategy also played an important role in selecting Ridgeline. Jed Williams, Director of Technology, said, "Just as compelling was that the platform was clearly designed with AI in mind from day one, rather than AI being bolted on." Article content For Wasatch's technology organization, the move to Ridgeline also represents a significant shift away from managing on-premises infrastructure toward focusing on strategic initiatives. Article content "We could hand off the infrastructure management - servers, patching, uptime, scaling - to Ridgeline and let our team focus on higher-value initiatives," said Williams. Article content The implementation "felt like a true partnership," according to Strasburg. "The Ridgeline implementation team truly became an extension of our own. They invested the time to understand how Wasatch operates, and when we encountered complex challenges - as every implementation does - they responded quickly, brought the right people to the table, and worked collaboratively with us to develop practical solutions." Article content Advertisement 2 Story continues below This advertisement has not loaded yet, but your article continues below. Article content Wasatch's decision reflects a broader industry shift toward modern technology designed to prepare investment managers for an AI-enabled future. Firms that transition to Ridgeline are drawn to its unified data model, SOC 2 Type II attested security protocols, and responsible approach to AI. Customers are replacing an average of 9 disconnected systems with Ridgeline's single platform. Article content Looking back on the transformation, Strasburg emphasized that the value extends well beyond replacing software. Article content "We found that some of the greatest value came from rethinking our processes - not simply replacing our technology. Having a partner that's willing to engage in those conversations and evolve alongside you makes a meaningful difference," said Strasburg. Article content Ridgeline CEO Dave Blair appreciated the forward orientation and strategic mindset the Wasatch team brought to the initiative. Article content "Wasatch approached this transformation with a clear vision of how they wanted to be positioned for the future. That's exactly the kind of customer Ridgeline is thrilled to partner with, and we're excited to support their continued growth for years to come." Advertisement 1 Advertisement 2 This advertisement has not loaded yet, but your article continues below. Article content About Ridgeline Article content Ridgeline is the AI-native investment management platform built on the idea that human talent is too valuable to do the work that technology could handle. With over $735B in assets committed to the platform, Ridgeline unifies the front, middle, and back office on a single, real-time platform so routine work happens quietly in the background. Ridgeline has teams in New York, the Bay Area, Reno, and Dublin, and has been recognized by Forbes as a "Best Startup Employer," by Global Financial Market Review for "Best Use of AI in Finance," and by The Software Report as a "Top 100 Software Company." Learn more at ridgeline.ai. Article content Media contact: Christine Switzer Director, Marketing Content & Programs [email protected] Article content Advertisement 2 This advertisement has not loaded yet.

Wasatch Advisors LP purchased a new stake in Amdocs in the 1st quarter valued at approximately $1,943,000.