Clearwater Executive Team

Clearwater Analytics: INvestment Portfolio Reporting and Analytics for Institutional Investors | David Boren

David Boren

Chief Executive Officer and Founder

Dave Boren has more than 25 years of experience in fixed income risk management and trading. As a technology expert and former derivatives trader, he brings a unique perspective on the use of technology to enhance performance, reporting and risk management activities.

Prior to co-founding Clearwater Analytics in 2003, Dave co-founded Clearwater Advisors, an institutional fixed income investment advisor, in 2001 and co-founded Sawtooth Investment Management, a private investment company specializing in limited-risk, fixed income investment strategies, in 1995. Prior to that, David had a distinguished ten-year career as a fixed income and derivatives trader with Goldman Sachs. During his tenure at Goldman, David organized derivative trading desks in New York and Tokyo, trading global fixed income securities, interest rate swaps, currencies and cross market derivatives.

David holds a BA in economics from Brigham Young University and an MBA from Harvard Business School.

Clearwater Analytics: INvestment Portfolio Reporting and Analytics for Institutional Investors | Michael Boren

Michael Boren

Chief Operating Officer and Founder

Mike is the Chief Operating Officer of Clearwater Analytics. His career in fixed income investment management, consulting and analysis began in 1984 when he was appointed director of research at The Geldermann Group, a division of ConAgra.

In 1986 he started an independent brokerage firm specializing in institutional brokerage of arbitrage and relative value transactions involving futures, spot and forward markets. In 1995, Mike and David Boren founded Sawtooth Investment Management, an investment advisor specializing in limited risk and relative value fixed income investment strategies. In 2001 he co-founded Clearwater Advisors, an institutional fixed income investment advisor. In 2003, he co-founded Clearwater Analytics. Throughout his career, Mike has focused on providing superior investment advice and innovative financial services to sophisticated institutional clients.

Mike holds a BA in economics from Brigham Young University.

Clearwater Analytics: INvestment Portfolio Reporting and Analytics for Institutional Investors | Douglas Bates

Douglas Bates

Chief Financial Officer and Founder

With 28 years of experience on the marketing and sales side of the fixed income and derivatives industry, Doug Bates brings a valuable perspective to the Clearwater management team. Doug is responsible for the firm’s financial planning, forecasting and budgeting, overseeing all the financial aspects of the business.

Prior to co-founding Clearwater Analytics in 2003, Doug co-founded Clearwater Advisors, an institutional fixed income investment advisor, in 2001 and was a partner at Sawtooth Investment Management starting in 1998. Prior to Sawtooth, Doug had a 16-year career with Goldman Sachs in institutional fixed income and derivative sales management. After five years at Goldman Sachs in New York, Doug was asked to establish the Goldman Sachs fixed income and derivatives sales operation on the west coast. The team was assembled to specialize in marketing derivative strategies to large institutional clients. Doug worked with Goldman’s largest west coast clients to develop strategies for managing their global currency and interest rate exposures.

Doug holds a BA in accounting and an MBA from Brigham Young University.

Clearwater Analytics: INvestment Portfolio Reporting and Analytics for Institutional Investors | Greg S. Goldfarb

Greg S. Goldfarb

Board Member

Greg S. Goldfarb is a Managing Director at Summit Partners, a global growth equity investor. Greg joined Summit Partners in 2002. Prior to Summit, he worked for Starwood Hotels and Resorts Worldwide where he was Director of E-Commerce and Director of Starwood’s Innovation Lab.

Based in Summit’s Menlo Park office, Greg focuses primarily on the technology and healthcare & life sciences sectors. His board directorships and investments include Clearwater Analytics, Cloudmark, IntelliChem (acquired by Symyx Technologies), LiveOffice (acquired by Symantec Corporation), Philz Coffee, ProClarity Corporation (acquired by Microsoft), RiskIQ, Rocket Fuel (NASDAQ: FUEL), TeleSign Holdings, The Mutual Fund Store (acquired by Warburg Pincus), Tiny Prints (acquired by Shutterfly), Visier, Web Reservations International (acquired by Hellman & Friedman), Winshuttle Holdings, and Wowza Media Systems.

Greg holds an AB, magna cum laude, in government from Harvard University.

Clearwater Analytics: INvestment Portfolio Reporting and Analytics for Institutional Investors | Harrison B. Miller

Harrison B. Miller

Board Advisor

Harrison B. Miller is a Managing Director at Summit Partners, a global growth equity investor. Harrison first joined Summit Partners in 1988. After then attending business school, he was part of the founding management team at Lightspan, an online education company that completed its initial public offering in 2000. At Amazon.com from 1998 to 2003, Harrison was the founding VP and GM of Platform Services, a $180 million unit of the company developing and deploying Amazon’s technology infrastructure as a managed service for major retailers and other customers. Harrison rejoined Summit in 2003.

Based in Summit’s Menlo Park office, Harrison today co-heads the firm’s venture capital activities in North America, Europe and Asia, and focuses primarily on the technology and healthcare & life sciences sectors.

Harrison's directorships and investments include Autobase (acquired by Dominion Enterprises), Clearwater Analytics, Cloudmark, Delphix, LiveOffice (acquired by Symantec Corporation), NetWitness Corporation (acquired by EMC Corporation), Postini (acquired by Google), Software Spectrum (acquired by Level 3 Communications),Tiny Prints (acquired by Shutterfly), Wildfire Interactive (acquired by Google), AdvaCare (acquired by Medaphis Corporation), Diagnostic Hybrids (acquired by Quidel Corporation), and The Mutual Fund Store (acquired by Warburg Pincus).

Harrison holds an AB in religion, cum laude, from Princeton University and an MBA from Stanford Business School. He serves numerous nonprofit organizations in an advisory or board capacity, including Common Sense Media, Opportunity Fund and Worldreader.org.