CLA Joins the Wall Street Blockchain Alliance

Minneapolis-based CliftonLarsonAllen (FY16 net revenue of $755.9 million) will collaborate with the Wall Street Blockchain Alliance (WSBA) as a corporate member. CLA will be an active participant on WSBA’s working groups and advising CLA clients, as well as the accounting industry, on blockchain developments and cryptocurrency transactions.

“The WSBA is very pleased to have CLA join us as a corporate member, and we look forward to collaborating with them across the organization to help fuel innovation as they consistently evolve their service delivery model and consider the potential impact of blockchain technology,” says Ron Quaranta, chairman of the WSBA.

CLA’s future innovations team (FIT) is dedicated to keeping the firm on the cutting edge of new technology and disruptors that impact clients, communities and the CLA team. With the surge of cryptocurrencies and blockchain technologies, FIT is taking action to elevate CLA’s knowledge in order to help meet the needs of clients and the marketplace both now and in the future.

“Our collaboration with WSBA allows us to be proactive and prepare for the advancements in blockchain technology that continue to evolve rapidly and create both opportunities and risks for businesses and commerce in the United States and abroad,” says James Watson, managing principal and FIT member.