Press Release

Press Release

Clearwater Adds Strategic Advisors to Guide Industry-Specific Development of Solutions and Services

Wednesday, December 2, 2020

Investment accounting and reporting innovator recruits top expertise from insurance and investment management industries in US and Europe

Boise, Idaho – Clearwater Analytics, a global SaaS solutions provider, announced today that three additional advisors — Lee Beck, Alasdair Reid, and Rob Hensley — have joined the company to help further strengthen and tailor the company’s technology and service offerings to specific industry sectors and regions.

Lee Beck is a Special Advisor to Kudu Investment Management (KIM) and a member of the Advisory Board at CAIS (New York, NY). Lee previously led distribution and related execution teams at some of the world’s most successful investment management firms, including BlackRock, J.P. Morgan, and PIMCO, where he also served on various executive, operating, and global investment committees.

Alasdair Reid held multiple Senior Vice President roles at State Street Corporation as both Client Executive for US, EMEA, and APAC, and as Head of Asset Owner Group. Alasdair also held leadership roles at Deutsche Bank and Bankers Trust.

Rob Hensley was head of asset/liability management and investment strategy for Unum Group’s $45 billion US and UK portfolios, as well as other investment-related roles over a two-decade period. As a Clearwater client, Rob oversaw the elimination of more than 20 legacy software systems as part of the global insurer’s Clearwater implementation.

Since July 2020, Clearwater has recruited eight senior industry experts and practitioners to advise on the ongoing development of core solutions, industry- and region-specific functionalities, and enhancements to client servicing and training. The recent hires join Kenneth Brady, Steve Doire, Chris Price, Lisa Stange, and Drew Vaden.

“Our number one priority as a company is client success. And the ability to succeed, particularly for our sophisticated and global client base, is truly in the details of what we provide,” said Scott Erickson, Chief Operating Officer at Clearwater Analytics. “We have recruited the very best from the industries we service – both clients and other top-tier practitioners – to ensure we have a comprehensive perspective to inform what we’re building, and what needs are around the corner. The value these individuals bring to Clearwater is tremendous.”

Clearwater Analytics helps thousands of leading corporations, insurance companies, and investment managers by providing unified, highly-compliant, and powerfully-automated investment accounting, reporting, and analytics. Clearwater’s SaaS solution reports on more than $4.6 trillion in investments daily.

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About Clearwater Analytics

Clearwater Analytics is a global SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting. Clearwater helps thousands of organizations make the most of their investment portfolio data with a world-class product and client-centric servicing. Clearwater offers a full complement of middle- and back-office solutions like trade confirm/affirm, client billing, composite management, client statements, and more. 

Each day, the Clearwater solution reports on more than $4.6 trillion in assets for clients that include American Family Insurance, Arch Capital, Aureum Re, Cisco, CopperPoint Mutual Company, C.V. Starr & Co., Facebook, J.P. Morgan, Knights of Columbus Insurance, Oracle, Selective Insurance, Sirius Group, Sompo International, Starbucks, Unum Group, WellCare Health Plans, Wilton Re., and many others. 

Since its founding in 2004, Clearwater has provided a cloud-native solution that helps investors make the most of their data. Investment professionals in 49 countries trust Clearwater to deliver timely, validated investment data and in-depth reporting. Since its founding in 2004, Clearwater has provided a cloud-native solution that helps investors make the most of their data. Investment professionals in more than 49 countries trust Clearwater to deliver timely, validated investment data and in-depth reporting.

Additional information about Clearwater can be found at www.clearwater-analytics.com | LinkedIn: https://www.linkedin.com/compa... | Twitter: @cwanalytics


Contact: Gail Marold | 919-229-9141 | gmarold@clearwateranalytics.com