BOISE,
Idaho, April 4, 2023 /PRNewswire/ -- Clearwater
Analytics (NYSE: CWAN), a leading provider of SaaS-based investment
management, accounting, reporting, and analytics solutions, today
announced that Scott Erickson has
been appointed as the Company's first Chief Revenue Officer. He
will now oversee Clearwater's
sales efforts in Europe,
Asia, and the Americas. With an
18-year track record of driving Clearwater's growth including roles in
services, product strategy, and sales, Erickson will continue to
lead the Company's market share expansion, now across all regions.
![Scott Erickson, Chief Revenue Officer at Clearwater Analytics Scott Erickson, Chief Revenue Officer at Clearwater Analytics](https://mma.prnewswire.com/media/2047112/Scott_Erickson_Headshot.jpg)
"I can think of no one more deserving of the title Chief Revenue
Officer than Scott, given his expertise and exceptional track
record of growing the Clearwater
platform," said Sandeep Sahai, CEO
at Clearwater Analytics. "On the heels of a number of large wins in
North America, Europe, and Asia
Pacific, Clearwater's
strategy of bringing global asset managers, insurers and
corporations of all sizes on to a single SaaS platform has proven
very transformative and effective. While each geography and
industry presents unique accounting and regulatory reporting needs,
our platform addresses all our clients' needs, whether it's
managing yield, risk or complying with local and global
regulations. Given the similarities we've seen across our target
clients and the global nature of their portfolios, we believe a
global approach best serves our clients and allows us to capture
even more market share throughout 2023 and beyond."
Given the strategic importance of Europe, the Company has continued to build out
the leadership team in the region. Brian
Slattery, who led the effort to make Clearwater the leading platform in the North
American insurance market has relocated to London. He will lead our efforts in the
Northern European market. The Company recently appointed Josef
Sommeregger, a former leader at SimCorp, to lead the DACH region.
These proven leaders are paired with Thomas van Cauwelaert,
regional head for France and Sai
Perry, Head of Solutions across Europe. In their drive to modernize the
investment accounting and reporting infrastructure across the
region, this team will report directly to Erickson.
"I look forward to working with our team to demonstrate that
only our innovative, single-instance SaaS technology platform has
the power to drive real, long-term improvements," said Erickson.
"I'm immensely proud of our customer-first approach – I truly
believe we are better together, am humbled by the team's trust, and
honored to take on this new challenge."
Since joining Clearwater in
2005, Erickson has successfully led multiple Clearwater departments, first as Director of
Client Services, then as Director of Product Management, and as
Director of Sales. In 2022, he served as President, Americas and
New Markets, ensuring the success of partnerships with some of
Clearwater's largest clients
including J.P. Morgan, Aegon Asset Management, Avallis Investments,
and Asia Capital Insurance, all while leading the charge to create
new products like Clearwater LPx, Clearwater Prism, and more. In
December 2022, he added the
Asia Pacific regions to his
portfolio and with this change today, he will have global
responsibility for sales.
Following three years of dedicated service to Clearwater, Gayatri
Raman has decided to resign from her position as President
of Europe to focus on her family.
"Gayatri's work was instrumental in positioning the Company for
continued growth. On behalf of the Board and the management team, I
want to thank Gayatri for her contributions and service and wish
her all the best," added Sahai.
To learn more about Clearwater Analytics, speak to an expert
today.
About Clearwater Analytics
Clearwater Analytics (NYSE: CWAN), a global, industry-leading
SaaS solution, automates the entire investment lifecycle. With a
single instance, multi-tenant architecture, Clearwater offers award-winning investment
portfolio planning, performance reporting, data aggregation,
reconciliation, accounting, compliance, risk, and order management.
Each day, leading insurers, asset managers, corporations, and
governments use Clearwater's
trusted data to drive efficient, scalable investing on more than
$6.4 trillion in assets spanning
traditional and alternative asset types. Additional information
about Clearwater can be found
at clearwateranalytics.com.
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SOURCE Clearwater Analytics