Sandeep Sahai, CEO
Chief Executive Officer and Board Member
Sandeep is the Chief Executive Officer of Clearwater. During his four year tenure the company has grown organically across its core industries, new geographies and in new markets. The company has built a disruptive SaaS platform, which combined with deep operational expertise has helped establish Clearwater as a leader in the industry. From a largely single office business, the company now has offices and operating centers around the world and serves large and complex global customers. The company did a public offering in Fall, 2021 and now trades under the ticker CWAN.
Previously, Sandeep was President and CEO of Headstrong, a leading solutions and managed services provider to leading financial institutions around the world. At the conclusion of his tenure as CEO at Headstrong, the company had several thousand employees with development centers across Asia, Europe, and the United States. Before Headstrong, he was a founder and partner of the consulting firm TechSpan, CEO of Virginia-based SkanSoft, and served for 10 years with the HCL group. Prior to joining Clearwater, Sandeep was Chairman of AIM Software in Austria, on the Board of Simeio solutions, and an Operating Partner at Welsh, Carson, Anderson & Stowe (WCAS).
Sandeep holds an M.B.A. from the Indian Institute of Management, Calcutta; an Engineering degree from the Indian Institute of Technology, Varanasi; and graduated from The Doon School, Dehradun.
Highlights:
- Leading organizations, including some of the largest pensions in the world, will be able to leverage the new Clearwater Wilshire Analytics solution to calculate performance and risk attribution, assist with security-level portfolio construction, uncover new strategies, access high-quality portfolio models, and identify investment opportunities that maximize returns and mitigate risk.
- Investment managers and institutional asset owners, such as public pension plans, insurers, foundations and endowments, will be able to improve client satisfaction and drive faster growth of AUM compared to the market.
- The combination of Wilshire’s powerful suite of products and Clearwater’s comprehensive, trusted offering will deliver tremendous benefits and set a new standard in the industry.
Every day, Clearwater aggregates, reconciles and reports on more than $7.3 trillion in assets under management for our global clients with what we believe is the industry’s most trusted and innovative single instance, multi-tenant technology platform. With Clearwater, all of our clients have timely, accurate and comprehensive access to their investments to effectively make capital allocation and portfolio decisions, manage risk, measure performance and comply with regulations.
To better serve our clients with industry-leading, powerful analytics for risk and performance management, we will acquire the risk and performance platforms of Wilshire, including Wilshire AxiomSM, Wilshire AtlasSM, Wilshire Abacus, and Wilshire iQComposite. This exciting alliance with Wilshire, a global investment management firm based in Santa Monica, California, will complement our solutions and appeal to the needs of front and middle office clients.
The deal is expected to close in the next 60 days subject to customary closing conditions. We’re excited to share a preview of what our clients will be able to achieve with these powerful risk and performance analytics.
Clearwater Wilshire Analytics’ Key Benefits
This modular suite of products, which will be co-branded as Clearwater Wilshire Analytics, will allow both companies to provide enhanced analytical capabilities for investment managers and institutional asset owners such as public pension plans, insurers, foundations, endowments and more.
Current Clearwater customers will have access to additional risk and performance functionality, including:
- Wilshire AxiomSM, a multi-asset portfolio management solution that offers comprehensive instrument coverage for robust risk management, performance attribution, optimization, and stress testing.
- Wilshire AtlasSM, an extensive security master data and index coverage within a powerful equity-based analytics and risk module, risk measurement, and performance attribution solution.
- Wilshire Abacus, a stand-alone transactions and positions performance system.
- Wilshire IQComposite, a stand-alone composites rules engine and reporting system.
The new Clearwater Wilshire Analytics platform will help clients calculate performance and risk attribution, assist with security-level portfolio construction, uncover new strategies, access high-quality portfolio models, and identify investment opportunities that maximize returns and mitigate risk. As a result, investment teams will be able to significantly improve client satisfaction and drive faster growth of assets under management compared to the market.
The combination of Wilshire’s powerful IP and Clearwater’s comprehensive, trusted offering will deliver tremendous benefits to our clients and set a new standard in the industry. Together, we’re incredibly excited to expand into high-growth markets with a best-in-class investment management solution that will accelerate the way our clients grow their business.
We will share more of our plans to come once the deal closes. We are excited to join forces with Wilshire and welcome their esteemed clients and employees to the Clearwater family.
By speaking to one of our experts, our clients can discover the benefits of these remarkable analytics models and how they can propel their business forward.