BOISE, Idaho — Clearwater announced today that Drew Vaden has joined the company to help guide the ongoing development of Clearwater’s investment manager-specific solutions and services.
Clearwater is the leading SaaS solution for investment data aggregation, reconciliation, accounting, and reporting. Clearwater reports on more than $4 trillion in investments daily for many of the world’s largest investment managers, insurers, corporations, pension funds, and other institutional investors.
Drew’s expertise, developed over more than 37 years at top-tier global institutions, has focused on the intersection of business operations and technology. In executive leadership roles at PIMCO, Nomura, and Morgan Stanley, Drew helped set the vision for the role of innovative technology in daily operations to support trading, client servicing, and reporting.
Drew retired from PIMCO in 2017, where he was a Managing Director and CTO for five years. Prior to that he was CIO for the Americas at Nomura America Holdings, and CIO for Institutional Securities at Morgan Stanley, where he spent 29 years as a technologist, trader, and manager in both business and technology roles.
Drew’s contributions will be crucial to Clearwater as the firm continues to build out its technology and services offering for its investment manager partners.
“I am very excited to join Sandeep, Scott, and the team at Clearwater and help them continue to grow their outstanding platform for clients,” said Drew. “Clearwater’s innovative technology, and the outstanding leadership driving its trajectory, are truly unique in the industry. This is an opportunity I couldn’t pass up.”
“Drew’s impressive career is tailor-made for his new role at Clearwater; all his years’ work will bring to bear on the valuable perspective he brings here,” said Scott Erickson, Chief Operating Officer at Clearwater. “We are all excited to learn from Drew and apply his guidance to the benefit of our partners.”