Clearwater Analytics: Difference between revisions
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== The Clearwater Building == |
== The Clearwater Building == |
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In December 2013, Clearwater announced their partnership with the Gardner Co. to help finance a new nine-story building in downtown Boise to double their current space to over 90,000 square feet.<ref>{{cite web|url=http://www.idahostatesman.com/2013/12/08/2915931/clearwater-analytics-partners.html |title=Clearwater Analytics partners with Gardner |publisher=Idaho Statesman |date=8 December 2013 | accessdate= | archivedate=2014-06-11|archiveurl=https://archive.today/20140611045706/http://www.idahostatesman.com/2013/12/08/2915931/clearwater-analytics-partners.html}}</ref> Construction of the Clearwater building was completed in September 2016. |
In December 2013, Clearwater Analytics announced their partnership with the Gardner Co. to help finance a new nine-story building in downtown Boise to double their current space to over 90,000 square feet.<ref>{{cite web|url=http://www.idahostatesman.com/2013/12/08/2915931/clearwater-analytics-partners.html |title=Clearwater Analytics partners with Gardner |publisher=Idaho Statesman |date=8 December 2013 | accessdate= | archivedate=2014-06-11|archiveurl=https://archive.today/20140611045706/http://www.idahostatesman.com/2013/12/08/2915931/clearwater-analytics-partners.html}}</ref> Construction of the Clearwater building was completed in September 2016. |
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The Clearwater building is part of the larger City Center Plaza, which features an underground public transportation hub, an expanded convention center, Boise State University's computer science department, and the Clearwater headquarters. |
The Clearwater building is part of the larger City Center Plaza, which features an underground public transportation hub, an expanded convention center, Boise State University's computer science department, and the Clearwater Analytics headquarters. |
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[[File:Clearwater-building.jpg|thumb|Clearwater Building]] |
[[File:Clearwater-building.jpg|thumb|Clearwater Building]] |
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Revision as of 16:19, 31 October 2019
| Company type | Private |
|---|---|
| Industry | Financial Technology |
| Founded | 2004 |
| Headquarters | Boise, Idaho, United States |
Key people | David Boren (Founder and board member), Michael Boren (Founder and board member), Douglas Bates (Founder and board member), Sandeep Sahai (CEO and board member), Scott Erickson (COO), James Price (CTO), Cindy Blendu (Chief Transformation Officer) |
| Products | Computer Software Support services |
Number of employees | 750-900 (2018-2019) |
| Website | clearwater-analytics |
Clearwater Analytics is a software-as-a-service (SaaS) FinTech company that provides automated investment accounting, performance, compliance, and risk reporting for insurance companies, asset managers, corporations, banks, governments, and other institutions.[1] Clearwater is a privately held company headquartered in Boise, Idaho, with an additional office in Edinburgh, U.K.[2] Clearwater reports on over $4 trillion in investment assets.
History
Clearwater was founded in 2004 by David Boren, Michael Boren, and Douglas Bates.[3] Prior to founding Clearwater, David, Michael and Douglas founded Clearwater Advisors, an institutional fixed-income investment advisor, where they developed the concept for Clearwater.[citation needed]
In 2012, the company was named Innovative Company of the Year at the Idaho Innovation Awards, and U.S. Captives Technology Firm of the Year in 2013.[citation needed]
In 2019, the company was ordered to pay $44 million in damages, following a lawsuit where it was found guilty of trade secrets charges.[4]
Products and services
The Clearwater solution is a web-based investment accounting and reporting solution providing automated 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.[5][6]
Clientele
Clearwater Analytics reports on over $2.7 trillion in investment assets. Clients include insurance companies, investment managers, corporate treasuries, and other institutions across the globe. Notable clients include Mutual of Omaha, Arch Capital Group, Wilton Re., J.P. Morgan Asset Management, Facebook, Cisco, and Oracle.[7]
Executive team
The executive team at Clearwater Analytics is composed of Sandeep Sahai, CEO and board member; Scott Erickson, COO; James Price, CTO; and Cindy Blendu, Chief Transformation Officer.[8][9]
The Clearwater Building
In December 2013, Clearwater Analytics announced their partnership with the Gardner Co. to help finance a new nine-story building in downtown Boise to double their current space to over 90,000 square feet.[10] Construction of the Clearwater building was completed in September 2016.
The Clearwater building is part of the larger City Center Plaza, which features an underground public transportation hub, an expanded convention center, Boise State University's computer science department, and the Clearwater Analytics headquarters.
Awards
References
- ^ "About Us". Clearwater Analytics. Retrieved 2 May 2018.
- ^ "Clearwater Analytics Expands to the United Kingdom". Insurance Networking News. 28 March 2013.
- ^ Day, Don (July 25, 2018). "Boise's Clearwater Analytics to expand, adds new CEO". Boise Dev. Retrieved July 17, 2019.
- ^ "This Boise tech company was just ordered to pay $44 million over stolen trade secrets". Idaho Statesman. May 1, 2019. Retrieved July 17, 2019.[dead link]
- ^ "Sandeep Sahai Joins Clearwater Analytics as Chief Executive Officer". Business Wire. Retrieved 24 July 2018.
- ^ "Company Overview of Clearwater Analytics, LLC". Bloomberg.
- ^ "AIG to Partner with Clearwater Analytics on Investment Portfolio Data Management". Business Wire.
- ^ "Clearwater Executive Team". Clearwater Analytics. Retrieved 29 April 2019.
- ^ "Sandeep Sahai Joins Clearwater Analytics as Chief Executive Officer". Business Wire. Retrieved 25 July 2018.
- ^ "Clearwater Analytics partners with Gardner". Idaho Statesman. 8 December 2013. Archived from the original on 2014-06-11.
- ^ "U.S. Captive Service Awards 2013: Winners". Captive Review. Archived from the original on 22 March 2014. Retrieved 22 May 2014.
- ^ "Idaho Private 75 Winners 2014". Idaho Statesman. 2 November 2014. Retrieved 2 November 2014.