A Brief History of Clearwater Analytics Holdings, Inc. (CWAN)

Clearwater Analytics Holdings, Inc. is a leading provider of web-based investment accounting, reporting, and analytics for institutional investors. The company was founded in 2004 by Michael Boren and Robert Schmidt in Boise, Idaho.

Here are some key milestones in the history of Clearwater Analytics Holdings, Inc.:

• 2004: Clearwater Analytics is founded by Michael Boren and Robert Schmidt in Boise, Idaho.
• 2005: The company launches its first web-based investment accounting and reporting platform.
• 2008: Clearwater expands its client base beyond the United States, serving clients in Europe and Asia.
• 2011: The company reaches $1 trillion in assets under management on its platform.
• 2016: Clearwater opens new offices in Edinburgh, Scotland, and New York City to support its growing client base.
• 2019: The company is acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS) for $1.1 billion.

Clearwater Analytics Holdings, Inc. is a privately held company, meaning that it is not publicly traded on the stock market. The ownership of the company is not readily available to the public due to its private nature. However, it is known that Clearwater Analytics Holdings, Inc. was founded in 2004 by Michael Boren and Robert Swoboda.

While the exact ownership structure of Clearwater Analytics Holdings, Inc. is not disclosed, it is believed that the founders, Michael Boren and Robert Swoboda, maintain a significant ownership stake in the company. Other key executives and early investors are also likely to hold ownership stakes in the company.

Clearwater Analytics Holdings, Inc. has experienced significant growth since its founding, expanding its client base and services offered. The company provides investment management solutions and financial technology to a wide range of clients, including institutional investors, investment managers, and corporations.

• Founded in 2004 by Michael Boren and Robert Swoboda
• Privately held company
• Ownership details not publicly available
• Likely that founders and key executives hold significant ownership stakes
• Company has experienced rapid growth and expansion

Clearwater Analytics Holdings, Inc. (CWAN) Mission Statement

The mission of Clearwater Analytics Holdings, Inc. is to deliver innovative technology solutions to empower organizations to make well-informed investment decisions and achieve financial success. We are committed to providing our clients with accurate and actionable data that enables them to navigate the complexities of the financial landscape.

At Clearwater Analytics Holdings, Inc., we strive to build strong and lasting relationships with our clients by providing exceptional service and continuous support. We believe in transparency, integrity, and trust in all aspects of our business, and we work tirelessly to exceed our clients' expectations every day.

Our goal is to be the premier provider of investment data management and reporting services, setting the standard for excellence in our industry. We are dedicated to innovation, collaboration, and excellence in everything we do, and we are committed to helping our clients succeed in an increasingly complex and competitive financial world.

• Deliver innovative technology solutions
• Empower organizations to make well-informed investment decisions
• Provide accurate and actionable data
• Build strong and lasting relationships with clients
• Exceed clients' expectations
• Set the standard for excellence in the industry
• Be the premier provider of investment data management and reporting services
• Commit to transparency, integrity, and trust

How Clearwater Analytics Holdings, Inc. (CWAN) Works

Clearwater Analytics Holdings, Inc. (CWAN) is a leading software-as-a-service (SaaS) provider of automated investment data aggregation and reconciliation for institutional investors and corporations. The company works by offering a comprehensive cloud-based solution that helps clients streamline their investment portfolio data management and reporting processes.

Here is how CWAN operates:

• Data Aggregation: Clearwater aggregates data from various sources including custodians, accounting systems, market data providers, and more. This data is then standardized and normalized for consistency and accuracy.
• Reconciliation: The platform automatically reconciles the aggregated data against multiple sources to identify and resolve discrepancies. This ensures that clients have a complete and accurate view of their investment portfolios.
• Reporting: Clearwater provides clients with customizable and interactive reports that allow them to analyze performance, risk exposure, compliance, and other key metrics. These reports can be accessed anytime, anywhere through the secure online portal.
• Data Insights: Clients can gain valuable insights from Clearwater's data analytics capabilities, helping them make informed investment decisions and optimize their portfolio strategies.
• Compliance and Risk Management: The platform helps clients adhere to regulatory requirements and best practices by providing compliance monitoring tools and risk management solutions.

Overall, Clearwater Analytics Holdings, Inc. (CWAN) works by leveraging technology to simplify and enhance the way institutional investors and corporations manage their investment portfolios, make data-driven decisions, and meet their reporting and compliance needs.

How Clearwater Analytics Holdings, Inc. (CWAN) Makes Money

Clearwater Analytics Holdings, Inc. generates revenue through a variety of services and products that cater to the financial industry. Below are some of the main ways in which the company makes money:

• Software as a Service (SaaS): Clearwater Analytics offers a cloud-based investment portfolio and accounting platform that allows clients to monitor and manage their investments in real-time. Clients pay a subscription fee for access to this software.
• Data Management Services: The company provides data aggregation, reconciliation, and reporting services to help clients streamline their financial data processes. Clearwater Analytics charges clients for these services based on usage and complexity.
• Consulting and Implementation Services: Clearwater Analytics offers consulting and implementation services to help clients onboard their systems and optimize their use of the company's software and tools. These services are typically billed on a project basis.
• Customization and Integration: The company also generates revenue by providing customization and integration services to tailor its products to meet specific client needs. Clearwater Analytics charges clients for these services based on the scope of work required.
• Training and Support: Clearwater Analytics offers training and support services to help clients navigate and maximize the use of its software and tools. Clients may pay for these services on an ongoing basis or as needed.