Clearwater Analytics Enters India, Opens First Office In Noida
Clearwater Analytics announced today that the company will open a new office in Noida. The new site will be Clearwater’s second development centre and provide “follow-the-sun” servicing capabilities for the company’s operations teams. The India office is a strategic addition to current offices in New York, London, Edinburgh, and the global headquarters in Boise, Idaho, USA.
Clearwater Analytics will step up hiring for the roles of software developers, data operations specialists, reconciliation analysts, investment accounting and reporting experts, and other operations roles. The company intends to hire around 100 new employees over the next six months. And to lead the team in India, Clearwater has hired Anurag Singh, an industry veteran — he was Managing Director and SVP for Banking, Insurance, and Hitech IT at Genpact, and has experience in financial markets and related technology.
Clearwater Establishes Innovation Center to Transform Technology Offering
BOISE, Idaho--(BUSINESS WIRE)--Since its founding in 2004, Clearwater Analytics has made innovative technology fundamental to its offering with a cloud-native, multi-tenant solution that improves the accuracy and efficiency of investment portfolio data management, accounting, reconciliation, and reporting.
Clearwater is investing further in that commitment with the formation of a new Innovation Center. Led by former head of Product Management Justin Reed, the Innovation Center will research, test, and incorporate emerging technologies into the Clearwater product. The Innovation Center is aggressively pursuing machine learning, AI, robotic process automation, blockchain, serverless cloud, and other technologies.
“This is the next evolution of Clearwater’s innovative culture and ethos,” said Justin Reed, Head of Innovation at Clearwater. “The Innovation Center will solve big challenges with transformative technology and techniques.”
Jim Cox Joins Clearwater as Chief Financial Officer
BOISE, Idaho — June 6, 2019 — Clearwater Analytics® announced today that Jim Cox has joined Clearwater as Chief Financial Officer to oversee the company’s global financial operations. Jim will provide executive-level leadership to guide the company’s financial strategies and growing operational footprint.
Jim has extensive experience working with public and private companies across a broad range of technology organizations. Previously, he served as CFO of Glassdoor, one of the largest job and recruiting websites in the US, where he oversaw the company’s preparation for initial public offering (IPO) and $1.2 billion acquisition by Recruit Holdings Co., Ltd. Prior to Glassdoor, Jim served as CFO at Lithium Technologies and Advent Software. During his time at Advent, he oversaw a six-year period of sustained growth following the company’s IPO in which revenue doubled and operating income tripled. In 2015, Jim was named Bay Area CFO of the Year in the small to medium public company category by the San Francisco Business Times.
Mark Gillespie Joins Clearwater to Lead Operations in Europe
EDINBURGH, Scotland — 13 May 2019 — Clearwater Analytics® announced today that Mark Gillespie has joined the firm as Director of Europe Operations to lead the company’s continued operational expansion in Europe.
Mark comes to Clearwater with 24 years of experience in global financial institutions. Previously, Mark was Citibank’s Site Head and Operations Director for Fund Administration Services in Edinburgh. Prior to Citibank, Mark was an Executive Director at J.P. Morgan, for Fund Accounting Operations.
“I am excited to join Clearwater as we find new ways to provide clients with a top-level solution, which includes excellent servicing,” said Mark. "I chose Clearwater for the personal approach they take to working with their clients. With the momentum achieved in the past couple of years, Clearwater has much potential in the European market and I look forward to being a part of that growth.”
Mark will oversee the daily operations for Clearwater’s Europe-based development, client servicing, product, and other personnel.
Len Randazzo Joins Clearwater to Lead Buy-Side Market Offering
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics® announced today that Len Randazzo has joined the firm as Asset Management Principal. Len will provide guidance and leadership to product, sales, marketing, and client servicing teams in an effort to best reach, serve, and empower the world’s leading active managers.
With over 18 years of financial services experience and a deep asset management pedigree, Len brings a real-world practitioner’s understanding of the challenges facing alpha managers.
Len has held leadership positions in business, client, technology, operations, and risk management. Most recently, he was a Managing Director and Chief Operating Officer with J.P. Morgan Asset Management where he worked for the US Equities and the Global Asset Allocation (Solutions) groups responsible for all non-investment-related activities. Len served in the same role for Bear Stearns and The Bank of New York Investment Management businesses.
Clearwater has partnered with Boise State’s WOW (Women of the Workplace) organization to host a networking event at Clearwater. Attendees to this women’s networking event will include Clearwater employees and students from Boise State University, Idaho State University, and University of Idaho, Boise.
The panel includes:
• Creative Strategist, Entrepreneur, and Executive Coach, Angela Taylor
• School of Materials Science & Engineering Professor, Dr. Amy Moll, from Boise State
• Chief Medical Affairs Officer, Dr. Rhonda Beale, from Blue Cross of Idaho
• Chief Transformation Officer, Cindy Blendu, from Clearwater Analytics
• Moderator: Dr. Jennifer Palagi, Vice President, Community Health & Well-Being at St. Alphonsus
BOISE, ID – July 23, 2018 — Clearwater Analytics announced today that Sandeep Sahai has been appointed Chief Executive Officer of Clearwater. Mr. Sahai assumes this key leadership position during an exciting phase for Clearwater, a leading web-based investment accounting and reporting solution providing portfolio book-of-record accounting, daily investment policy compliance monitoring, performance tracking, risk analytics, and a variety of buy-side tools for insurers, investment managers, corporations, and other institutional investors.
Since its founding in 2004, Clearwater has remained committed to two primary goals: delivering long-term client success through the best integrated data, software, and services solution in the market; and building and growing an outstanding team of colleagues dedicated to this mission. Greater and greater numbers of industry leaders entrust their mission-critical investment accounting and reporting needs to Clearwater each day, and these needs increasingly extend to similar enterprises around the world.
Mr. Sahai’s experience building global success