Clearwater Analytics Holdings

Clearwater Analytics Holdings, Inc. engages in the provision of web-based investment portfolio accounting, reporting, and reconciliation services. It operates through the United States and Rest of World geographical segments. Its products include automated data aggregation and validation, investment accounting, integrated reporting tools, a user-friendly solution, and business-specific tools. The company was founded in 2004 and is headquartered in Boise, ID.

Earnings data Q3 2021

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Earnings data Q4 2024

Clearwater Analytics posts strong Q4 results, eyes growth opportunities

Clearwater Analytics delivered robust financial results in Q4 2022, with strong revenue growth and improved retention rates.
The company's strategic pillars and expanded product offerings have positioned it well for continued growth and market share gains.
While facing challenges such as resistance to new models and integration complexities, Clearwater is focused on leveraging opportunities for revenue expansion and market penetration.
With a solid financial position and a clear growth strategy, Clearwater Analytics is poised for sustained success and value creation in the coming year.

Clearwater Analytics reports strong Q1 growth and eyes international expansion

Clearwater Analytics delivered robust financial performance in Q1, driven by revenue growth and operational improvements.
While facing challenges in revenue retention and market strategies, the company remains well-positioned for growth.
Opportunities lie in expanding internationally, optimizing sales efficiency, and leveraging R&D investments.
Overall, Clearwater's Q1 performance and strategic initiatives set a positive trajectory for future success.

Clearwater Analytics reports robust Q2 growth and AI innovation

Clearwater Analytics delivered strong financial performance in Q2, with revenue growth and raised full-year guidance.
The company's strengths lie in operational excellence, AI innovation, and strategic partnerships driving future growth.
Challenges include maximizing revenue impact from initiatives like JUMP, amid a competitive landscape.
Clearwater has opportunities to leverage AI, enhance client interactions, and capitalize on stable market conditions.

Clearwater Analytics reports robust Q3 earnings, eyes M&A expansion

Clearwater Analytics delivered strong financial performance in Q3, driven by disciplined execution and client success.
The company's focus on innovation, expanding TAM, and addressing client needs positions it for future growth.
Despite challenges in scaling and potential competition, Clearwater remains optimistic about revenue growth opportunities.

Clearwater Analytics reports robust 2023 performance and optimistic 2024 outlook

Clearwater Analytics had a strong performance in 2023 and is well-positioned for growth with promising revenue guidance for 2024.
The company's strengths lie in its innovative platform, focus on disruptive technology, and commitment to client relationships and revenue stability.
Challenges include maintaining data integrity, navigating regulatory landscapes, and balancing investments for growth, while opportunities exist in market expansion and leveraging regulatory demands.
Clearwater's strategic focus on technology, market adaptation, and client needs underscores its potential for continued success and market leadership.

Clearwater Analytics (CWAN) posts robust Q1 results, eyes sustained growth

Clearwater Analytics Holdings (CWAN) delivered strong financial performance in Q1 2024, driven by organic revenue growth and strategic acquisitions. The company aims to enhance gross margin efficiency, drive customer-driven innovation, and expand its product suite for sustained growth.

Clearwater Analytics excels in Q2, raises guidance amid market expansion

Clearwater Analytics delivered a strong performance in Q2 2024, showcasing impressive revenue growth, margin improvement, and operational efficiency.
The company's strategic focus on new product development, market expansion, and client retention positions it well for continued success and growth.
While facing challenges in a competitive landscape, Clearwater has ample opportunities to drive innovation, enhance customer experience, and capture new market segments.

Clearwater Analytics excels in Q3, eyes growth through innovation

Clearwater Analytics delivered exceptional Q3 results, exceeding revenue and EBITDA targets with record free cash flow.
The company's strategic focus on innovation, international expansion, and client relationships positions it well for future growth.
Challenges lie in operational targets like EBITDA margin expansion and discreet product commercialization, requiring careful execution.

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Q4 2022 Revenue of $82.7 million, up 19% year-over-year Full Year 2022 Revenue of $303.4 million, up 20% year-over-year Q4 2022 EBITDA margin of 29.4%; Q4 2022 Free Cash Flows of $16.6 million Q4 2022 Gross Revenue Retention Rate of 98%; Net Revenue Retention Rate of 106% BOISE, Idaho , Feb. 21, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN) ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced its financial results for the quarter and year ended December 31, 2022. Fourth Quarter 2022 Full Year 2022 Revenue $82.7 million $303.4 million Year-over-Year Revenue Growth % 18.5 % 20.4 % Annualized Recurring Revenue (ARR)1 $323.5 million Year-over-Year ARR Growth % 16.4 % Net Loss $(2.0) million $(6.7) million Net Loss Margin % (2.4) % (2.2) % Adjusted EBITDA $24.3 million $81.1 million Adjusted EBITDA Margin % 29.4 % 26.7 % 1ARR is a point in time metric, therefore fourth quarter 2022 and full year 2022 results are the same.

Clearwater Analytics Announces Fourth Quarter and Full Year 2022 Financial Results

Clearwater Analytics (CWAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Clearwater Analytics (CWAN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

BOISE, Idaho , Feb. 7, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, will release financial results for the fourth quarter and full year ended December 31, 2022 after the U.S. financial markets close on Tuesday, February 21, 2023. In conjunction with this announcement, Clearwater Analytics will host a conference call on February 21, 2023, at 5:00 p.m.

Clearwater Analytics to Announce Fourth Quarter and Full Year 2022 Financial Results on February 21, 2023

BOISE, Idaho , Feb. 7, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that members of its executive leadership team will be participating in the following investor conferences in the first quarter of 2023: Sandeep Sahai, Chief Executive Officer, will participate in one-on-one meetings at the Bernstein's Tech, Media, Telecom & Consumer (TMTC) 1:1 Forum in New York City on Wednesday, March 1, 2023. Jim Cox, Chief Financial Officer, will join a fireside chat and participate in one-on-one meetings at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on Monday, March 6, 2023.

Clearwater Analytics to Participate in Upcoming Investor Conferences in First Quarter 2023

Avallis to Automate its Investment Accounting and Reporting Operations with Clearwater's Award-Winning, SaaS-Based Solutions SINGAPORE and BOISE, Idaho , Jan. 20, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that Singapore-based fund manager Avallis Investments has selected Clearwater Analytics to power its investment data management, portfolio analytics, and investment reporting operations in order to drive higher growth across its business. Avallis Investments is an independent asset manager based in Singapore aiming to continually grow its presence in the high-net-worth wealth management space across Asia.

Singapore-based Avallis Investments Selects Clearwater Analytics to Propel Business Growth

InsuranceAsia News, InsurancePost & Insurance Asset Management Unanimous in Celebrating Clearwater's Industry Leadership BOISE, Idaho , Jan. 3, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that it has earned numerous recognitions, including the Award for Excellence 2022 from InsuranceAsia News as the Technology Provider of the Year, the European Insurance Technology award from InsurancePost as the Best Reg Tech Solution, and Technology Firm of the Year from Insurance Asset Management. "We are simply delighted to be delivering cutting-edge solutions that push the boundaries of what's possible in investment accounting and reporting across borders and industries," said Sandeep Sahai, Chief Executive Officer at Clearwater Analytics.

Clearwater Analytics Recognized as Global Leader by Winning Multiple Awards

Innovations Support Schedule DB Updates for Derivatives, Solvency II Reporting, and More BOISE, Idaho , Dec. 19, 2022 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that it delivered new product features and enhancements in the third quarter of 2022 to support the latest accounting and reporting standards, enrich asset class reporting, and enhance the user experience.  New features include enhanced support for: Schedule DB updates for derivatives Clearwater has made several updates to strengthen our Schedule DB regulatory reporting for derivatives including DB Part B section-1 (column 13) fair value calculation – futures, DB Part A potential exposure calculation – FX forwards and swaps, and DB Part B section-2 columns 11 and 13: transaction price and termination price.

Clearwater Analytics' Latest Product Updates Unlock Unparalleled Efficiency for Users

The investment world is governed by a complex network of compliance and regulations. CWAN offers a comprehensive platform.

Clearwater Analytics Holdings: Helping Asset Managers Navigate A Complex Network Of Compliance

Clearwater's End-to-End Investment Lifecycle Solution Offers Clients Feature-Rich Modular Technology to Boost Operational Efficiencies BOISE, Idaho , Nov. 30, 2022 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today completed its previously announced acquisition of JUMP Technology, a Paris, France-based provider of investment management software. With the addition of JUMP Technology, Clearwater Analytics positions itself to become an industry-leading provider of innovative, end-to-end solutions to investment management companies globally.

Clearwater Analytics Completes Acquisition of JUMP Technology

Company Awarded Best Buy-Side Client Reporting Platform for 2022 BOISE, Idaho , Nov. 10, 2022 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that it has won the WatersTechnology 2022 Buy-Side Technology award for the best buy-side client reporting platform. "Clearwater Analytics is thrilled to win the best buy-side client reporting platform award.

Clearwater Analytics Wins WatersTechnology Buy-Side Technology Award

Clearwater Analytics (CWAN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Clearwater Analytics (CWAN) Moves to Strong Buy: Rationale Behind the Upgrade

Clearwater Analytics Holdings, Inc. (NYSE:CWAN ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Joon Park - Head of Investor Relations Sandeep Sahai - Chief Executive Officer James Cox - Chief Financial Officer Conference Call Participants Michael Infante - Morgan Stanley Peter Heckmann - D.A. Davidson Rishi Jaluria - RBC Kamil Mielczarek - William Blair Ella Smith - JPMorgan Chase Michael Turrin - Wells Fargo Brian Schwartz - Oppenheimer Operator Ladies and gentlemen, thank you for standing by and welcome to the Clearwater Analytics' Third Quarter 2022 Financial Results Conference Call.

Clearwater Analytics Holdings, Inc. (CWAN) Q3 2022 Earnings Call Transcript

Record Quarterly Revenue of $76.6 Million Third Quarter Revenue Up 19% Year-Over-Year, Up 4.3% Sequentially Over Q2 15 Consecutive Quarters of 98 % Gross Revenue Retention BOISE, Idaho , Nov. 2, 2022 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN) ("Clearwater Analytics" or the "Company"), an industry-leading SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting, announced today its financial results for the quarter ended September 30, 2022. "Clearwater delivered a strong quarter as we won large and global organizations such as Nationwide Mutual Insurance Company, Continental General, Chandler Asset Management, and Bronte Capital, achieving our mission to expand into new geographies and adjacent markets.

Clearwater Analytics Announces Third Quarter 2022 Financial Results

BOISE, Idaho , Oct. 19, 2022 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, will release financial results for the third quarter ended September 30, 2022 after the U.S. financial markets close on Wednesday, November 2, 2022. In conjunction with this announcement, Clearwater Analytics will host a conference call on November 2, 2022, at 5:00 p.m.

Clearwater Analytics to Announce Third Quarter 2022 Financial Results on November 2, 2022

BOISE, Idaho , Oct. 19, 2022 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that members of its executive leadership team will be participating in the following investor conferences in the fourth quarter of 2022: Sandeep Sahai, Chief Executive Officer, will join a fireside chat, and Jim Cox, Chief Financial Officer, will participate in one-on-one meetings virtually at the Hidden Gems Conference organized by Furey Research Partners on Tuesday, November 8, 2022. Mr. Sahai will join a fireside chat and participate in one-on-one meetings at the 2022 RBC Capital Markets Global Technology, Internet, Media and Telecommunications "TIMT" Conference in New York City on Wednesday, November 16, 2022.

Clearwater Analytics to Participate in Upcoming Investor Conferences in Fourth Quarter 2022

Sydney-Based Global Fund Management Firm to Benefit from SaaS-Based Portfolio Reporting and Analytics Platform and Services BOISE, Idaho , Oct. 18, 2022 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), an industry-leading SaaS provider, announced today that Sydney-based, global long/short fund manager Bronte Capital has selected Clearwater to power its investment data management, reporting, and portfolio analytics. Founded in 2009, Bronte Capital focuses on generating alpha from both its long and short portfolio, with its investments consisting principally of listed equity and equity-related securities.

Bronte Capital Selects Clearwater Analytics to Power its Digital Operating Platform

Clearwater Recognized by Chartis Research for its Exceptional Investment Management Technology BOISE, Idaho , Oct. 12, 2022 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that Chartis Research has named Clearwater Analytics the winner of the Buyside50 Award in the Investment Lifecycle – Insurance/Pension Funds category. The RiskTech Buyside50 rankings highlight the top financial technology vendors in the investment management industry.

Clearwater Analytics Wins RiskTech Buyside50 Award

Acquisition to Fuel Clearwater's European Expansion and Enable Path to Complete Cloud-Based Front-to-Back Investment Lifecyle Solution BOISE, Idaho , Sept. 29, 2022 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that it has entered into an agreement that will lead to the acquisition of Paris, France-based JUMP Technology.

Clearwater Analytics Agrees to Acquire JUMP Technology

Asset Management Veteran Brings Significant Industry Experience BOISE, Idaho , Sept. 20, 2022 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that Lisa Jones, asset management veteran and Head of the Americas, President and Chief Executive Officer of Amundi US, Inc., has been appointed to the company's Board of Directors and will serve as a member of its Audit Committee.

Clearwater Analytics Appoints Lisa Jones to its Board of Directors

Chimera Investment Corporation, Markel Corporation, and Mutual of Omaha Among Firms that Exemplify Operational Excellence in Investment Accounting BOISE, Idaho , Sept. 13, 2022 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced the winners of its Client Awards and recognized the recipients at Clearwater Connect 2022.

Clearwater Analytics Announces the Winners of its Inaugural Client Awards Program

Update Features New NAIC Designation Categories, Solvency II Reporting Enhancements, Hybrid/Blended Benchmarks Methodology, and More BOISE, Idaho , Sept. 6, 2022 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that it delivered new product features and enhancements in the second quarter of 2022 to support the latest accounting and reporting standards, enrich asset class reporting, and upgrade the user experience.

Clearwater Analytics Unveils Product Enhancements that Boost the Accuracy and Reporting of its Award-Winning Platform

Clearwater's Investment Accounting Software Recognized for its Impact on Operational Efficiency, Quality, Customer Service, and Cost Effectiveness BOISE, Idaho , Aug. 26, 2022 /PRNewswire/ --  Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that Captive Review named Clearwater Analytics the winner of the 2022 US Captive Review Awards in the Software Solution category.   "We're thrilled to receive the best software solution award from Captive Review.

Clearwater Analytics Wins US Captive Review Award for Best Software Solution

Chimera Investment

Clearwater's Comprehensive Accounting and Reporting Solution Effectively Manages Complex Portfolio for Leading U.S.-based REIT BOISE, Idaho , Aug. 25, 2022 /PRNewswire/ --  Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, announced Chimera Investment Corporation (NYSE: CIM), an internally managed real estate investment trust (REIT) headquartered in New York City, has implemented Clearwater to provide investment data transparency while supporting sophisticated accounting requirements. To meet their obligations and regulations, REITs require a significantly high level of investment data quality and transparency.

Clearwater Analytics Powers Sophisticated REIT Accounting and Reporting for New York-based Chimera

Connect Attendees to Learn about Clearwater's Award-Winning Platform and Explore the Future of Investment Operations BOISE, Idaho , Aug. 17, 2022 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that it will host its annual user conference, Clearwater Connect 2022, from September 13 to September 15, 2022, at the Boise Centre in Boise, Idaho . Connect attendees will get a first look at the newest features and capabilities of the Clearwater platform and learn how these innovative technologies can be used to significantly boost business productivity and growth opportunities.

Clearwater Analytics to Feature Innovations in Investment Accounting at Clearwater Connect 2022

Clearwater Analytics Holdings, Inc. (NYSE:CWAN ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Joon Park - Head of Investor Relations Sandeep Sahai - Chief Executive Officer James Cox - Chief Financial Officer Conference Call Participants Peter Heckmann - D.A. Davidson Michael Berg - Wells Fargo Brian Schwartz - Oppenheimer Rishi Jaluria - RBC Kamil Mielczarek - William Blair James Faucette - Morgan Stanley Gabriela Borges - Goldman Sachs Noah Herman - JPMorgan Yun Kim - Loop Capital Operator Ladies and gentlemen, thank you for standing by, and welcome to the Clearwater Analytics Second Quarter 2022 Financial Results Conference Call.

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