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About Us

Clearwater Analytics® is the leading provider of web-based investment portfolio accounting, reporting, and reconciliation services for institutional investors at thousands of organizations.

Clearwater aggregates, reconciles, and reports on more than $2.2 trillion in assets across thousands of accounts daily. Our clients include corporate treasuries, insurance companies, investment managers, banks, governments, and other institutional investors both in the United States and worldwide.

For more than a decade, we have leveraged web-based software and world-class client service to help clients such as Cisco, Facebook, Oracle, Starbucks, Knights of Columbus Insurance, CopperPoint Mutual Insurance Company, C.V. Starr & Co., Wilton Re., WellCare Health Plans, and many others, streamline their investment and accounting operations. Clearwater also works with hundreds of custodians, investment managers, dealers/brokers, and electronic trading portals who offer Clearwater to their many clients.

With global headquarters in Boise, Idaho, and offices in Edinburgh, UK, Clearwater sets the new global standard for investment portfolio reporting.

Executive Team

Scott Erickson

Scott Erickson

Chief Operating Officer

Scott Erickson

Scott Erickson

Chief Operating Officer

Scott joined Clearwater in 2005 and has successfully served in a number of roles leading multiple Clearwater departments. This experience has given him a deep understanding of client needs and current market challenges. After starting as a Client Account Manager in 2005, he transitioned to lead the team as the Director of Client Services in 2008. Scott’s background solving client needs to enhance their overall experience led him to start the Product Management team in 2010. Scott served as the Director of both Client Services and Product Management starting in 2013, and achieved record sales numbers as Director of Global Sales during 2016 and into 2017. As Chief Operating Officer, Scott’s primary focus is ensuring that Clearwater’s operational infrastructure is continuously improving to support the success of Clearwater’s clients.

Scott holds an MBA from Northwest Nazarene University and graduated cum laude from Whitman College with a bachelor’s in Spanish literature.

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James Price

James Price

Chief Technology Officer

James Price

James Price

Chief Technology Officer

As Chief Technology Officer James is responsible for overseeing all technical aspects of the company. James joined Clearwater Analytics in November 2004. Previous to his current role as Chief Technology Officer, he was Director of Product Development and brings more than 13 years of experience in software engineering. James’ deep understanding of different coding languages, data stores, front-end technologies, and web servers helps him lead development to code new functionalities into the Clearwater system every day. James previously worked at Hewlett Packard and CQG Inc. as a developer and lead architect.

James graduated Cum Laude with a bachelor’s in computer science from Utah State University.

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Justin Reed

Justin Reed

Director of Product Management

Justin Reed

Justin Reed

Director of Product Management

Justin and his team are responsible for defining Clearwater’s strategic development roadmap and analyzing markets and market participants to allow Clearwater to react quickly to changing client needs, new regulatory guidance, and shifting strategic priorities. Justin helps ensure our product meets clients’ needs and maintains a high level of client success and satisfaction. Justin joined Clearwater Analytics in July 2004 and served as one of the original system architects for a number of core Clearwater systems and processes.

Justin holds a bachelor’s degree in computer science from Boise State University. 

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Scott Roza

Scott Roza

President of Worldwide Field Operations

Scott Roza

Scott Roza

President of Worldwide Field Operations

As Clearwater’s President of Worldwide Field Operations, Scott is responsible for the enterprise and commercial customer facing field team. This team is focused on achieving alignment between Clearwater’s market-leading solutions and the investment accounting modernization efforts of investment managers, insurance carriers, corporate treasury departments, and other organizations with investment portfolios.

Prior to Clearwater Scott served as Chief Business Officer and SVP of Worldwide Field Operations for Guidewire Software, a publicly traded software company serving the P&C industry. Prior to Guidewire, Scott served as Chief Executive Officer of Skytap, a SaaS technology company that achieved 70%+ year-over-year growth for five consecutive years. Before Skytap, Scott served in executive roles at several publicly traded technology companies such as Hewlett Packard, Opsware, and Advanced Digital Information Corporation. Scott has also worked as a consultant for McKinsey & Company, and served five years in the United States Navy as a submarine officer on the USS Georgia. 

Scott holds an MBA from the MIT Sloan School of Management, a master's degree in mechanical engineering from MIT, a master's degree in mechanical engineering from the University of Maryland, and a bachelor's degree in marine engineering from the United States Naval Academy.

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Management Team

Jerek Anderson

Jerek Anderson

Director of Development

Jerek Anderson

Jerek Anderson

Director of Development

Jerek joined the Clearwater team at the very beginning with the company’s founders and three other employees. As a software developer, Jerek had the opportunity to help build the initial Clearwater product offering and will happily share some great stories related to those efforts. Since then, Jerek has enjoyed an exhilarating ride while contributing to many products and systems and serving in various roles within the company.

Jerek holds a bachelor's degree in computer science from Boise State University.

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Ryan Arave

Ryan Arave

VP of Accounting and Finance

Ryan Arave

Ryan Arave

VP of Accounting and Finance

With 15 years of experience in finance and accounting, Ryan brings a valuable perspective to the Clearwater management team. Ryan is responsible for Clearwater’s accounting, finance, and internal audit functions, and oversees other financial aspects of the organization. Prior to joining Clearwater, Ryan was a manager at Deloitte in their Assurance and Advisory services practice.

Ryan holds a master’s in accountancy and a bachelor’s of science from Brigham Young University. 

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Lauren Brassey

Lauren Brassey

Director of Marketing

Lauren Brassey

Lauren Brassey

Director of Marketing

Lauren Brassey leads Clearwater’s marketing efforts. Lauren joined Clearwater in 2014 and leads the demand generation, creative, and content teams. Lauren has an extensive background in marketing and is responsible for brand awareness, lead generation, content marketing, and building credibility for the Clearwater brand.

Lauren holds a bachelor’s in business marketing from the University of Idaho. 

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Jennifer Bringman

Jennifer Bringman

Director of Human Resources

Jennifer Bringman

Jennifer Bringman

Director of Human Resources

Jennifer Bringman has worked for Clearwater since 2011, and has served as the Director of Human Resources since 2013. Jennifer and her team manage benefits plans, payroll processes, recruiting initiatives, performance reviews, trainings, immigration work permits, and employee relations for both the Boise, Idaho, and Edinburgh, Scotland offices. Before joining Clearwater, Jennifer worked in the Human Resources department for Albertsons Companies, one of the largest food and drug retailers in the United States.

Jennifer holds a bachelor’s in business administration from Boise State University. 

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Rich Dunn

Rich Dunn

Director of IT Operations

Rich Dunn

Rich Dunn

Director of IT Operations

Rich has been with Clearwater since its founding in 2003. He is responsible for Clearwater’s technical hardware, network, internet connections, site uptime and maintenance, and network security. Rich also leads the site reliability engineering, information security, physical infrastructure, and internal help desk departments.

Rich holds his bachelor’s in networking and telecommunications from Boise State University. 

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Marius Esterhuysen

Marius Esterhuysen

EMEA Director of Sales, Strategy, and Operations

Marius Esterhuysen

Marius Esterhuysen

EMEA Director of Sales, Strategy, and Operations

Marius is responsible for the UKI, Europe, Africa, and the Middle Eastern territory for Clearwater. In this role, Marius maintains a strong team with regional office locations to support clients in these territories and builds and executes Clearwater’s plan for expansion in this area. Marius also assists all of Clearwater’s teams in ensuring client success.

Marius has a degree in business management and economics from Damelin School of Business.

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Dwayne Kreipl

Dwayne Kreipl

Director of Data Management

Dwayne Kreipl

Dwayne Kreipl

Director of Data Management

Dwayne has been at Clearwater since 2008 and currently leads the Clearwater data teams. Dwayne is responsible for the acquisition, cleansing, and validation of all client data, as well as the third-party data used to round out our reporting solutions. Dwayne also manages all relationships with Clearwater’s data vendors. Accurate and validated data is one of Clearwater’s core offerings and Dwayne is committed to managing Clearwater’s data flow for our clients. Previously, Dwayne worked at Micron Technology as a senior product engineer and supervisor in their DRAM, R&D, and Imaging departments.

Dwayne holds a bachelor’s in electrical engineering from Utah State University.

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Ben Lattin

Ben Lattin

Director of Client Services

Ben Lattin

Ben Lattin

Director of Client Services

Ben is responsible for the daily operational success of the Client Services department. His role includes team building, recruiting, hiring, mentoring, and training. Ben joined Clearwater in 2010, and previously served as a team lead for the Corporate Cash division of Client Services and in Sales before transitioning to his role as Director. Under his leadership, the Sales team exceeded goals. Ben also has more than 15 years of professional experience in banking and investments.

Ben has a bachelor’s degree in finance and economics from Boise State University. 

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Jake McGrady

Jake McGrady

General Counsel and Chief Compliance Officer

Jake McGrady

Jake McGrady

General Counsel and Chief Compliance Officer

Jake is responsible for Clearwater’s global legal, compliance, and ethics functions, including contract negotiation, employment, corporate governance, regulatory compliance, intellectual property, and privacy. He joined Clearwater in 2013 as Associate General Counsel before assuming his current role in 2017. Previously, Jake worked at the law firm of Hawley Troxell Ennis & Hawley where he litigated complex business disputes and negotiated high-value commercial transactions. Jake also clerked for Justice Jim Jones of the Idaho Supreme Court.

Jake holds a Juris Doctor, magna cum laude, from the University of Idaho College of Law and a bachelor’s degree, summa cum laude, in the History of Religion from the College of Idaho.    

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Brian Stephens

Brian Stephens

Director of Client Services

Brian Stephens

Brian Stephens

Director of Client Services

Brian joined Clearwater in 2008 and leads our client services team. In this role, Brian manages Clearwater’s day-to-day servicing operations, ensuring clients utilize the Clearwater solution to its full potential through simplifying investment accounting processes, automating manual processes, and seeking feedback to enhance the Clearwater experience. Before serving as Director of Client Services, Brian worked directly with many of Clearwater’s clients as the Insurance Division Lead. Prior to that role, he served as a Statutory and GAAP account manager.

Brian holds a bachelor’s in business administration in accountancy from Boise State University.

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Board Members

Doug Bates

Doug Bates

Founder and Board Member

Doug Bates

Doug Bates

Founder and Board Member

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.

Prior to co-founding Clearwater Analytics in 2004, 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 an MBA and a bachelor’s in accounting from Brigham Young University. 

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David Boren

David Boren

Founder and Board Member

David Boren

David Boren

Founder and Board Member

As a technology expert and former derivatives trader, he brings a unique perspective on the use of technology to enhance investment accounting and reporting and is responsible for managing and implementing Clearwater’s strategic plan and ensuring the overall health of the company.

Prior to co-founding Clearwater Analytics in 2004, 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. Dave also had a distinguished ten-year career as a fixed income and derivatives trader with Goldman Sachs. During his tenure at Goldman, Dave organized derivative trading desks in New York and Tokyo, trading global fixed income securities, interest rate swaps, currencies, and cross-market derivatives.

Dave holds an MBA from Harvard Business School and a bachelor’s in economics from Brigham Young University.

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Michael Boren

Michael Boren

Founder and Board Member

Michael Boren

Michael Boren

Founder and Board Member

With over 30 years in fixed income investment management, consulting, and analysis Mike brings a breadth of knowledge to Clearwater’s executive team.

Mike’s career in the financial industry began in 1984 when he was appointed director of research at The Geldermann Group, a division of ConAgra. In 1986 Mike 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 Dave Boren founded Sawtooth Investment Management, an investment advisor specializing in limited risk and relative value fixed income investment strategies. In 2001 Mike co-founded Clearwater Advisors, an institutional fixed income investment advisor. In 2004, 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 bachelor’s in economics from Brigham Young University.

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Anthony J.  de Nicola

Anthony J. de Nicola

Board Member

Anthony J.  de Nicola

Anthony J. de Nicola

Board Member

Mr. de Nicola is the President and a Managing Partner of WCAS and a member of the Management Committee, having joined WCAS in 1994. He focuses on technology investments. Prior to joining WCAS, Mr. de Nicola worked for four years in the private equity group at William Blair & Company. Previously, he worked at Goldman Sachs & Co. in the Mergers and Acquisitions Department.

Education

Harvard Business School - M.B.A.

DePauw University - B.A.

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Christopher J. Hooper

Christopher J. Hooper

Board Member

Christopher J. Hooper

Christopher J. Hooper

Board Member

Mr. Hooper is a General Partner in the Technology Group at WCAS and leads the Firm’s San Francisco office, having originally joined WCAS in 2005. Earlier in his career, Mr. Hooper worked at Golden Gate Capital in San Francisco and Lazard in New York.

Education

Colgate University - B.A.

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Eric J. Lee

Eric J. Lee

Chairman of the Board

Eric J. Lee

Eric J. Lee

Chairman of the Board

Mr. Lee is a General Partner in the Technology Group at WCAS and a member of the Management Committee, having joined WCAS in 1999. Before joining WCAS, he worked at Goldman Sachs & Co. in the Mergers & Acquisitions and High Technology investment banking groups.

Education

Harvard University - A.B.

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Sandeep Sahai

Sandeep Sahai

Executive Chairman and Board Member

Sandeep Sahai

Sandeep Sahai

Executive Chairman and Board Member

Mr. Sahai is an Operating Partner at WCAS and focuses on investments in emerging business models including Platform and Software as a Service, having joined WCAS in 2014. He specializes in the financial markets, cyber security, analytics and services industries. Mr. Sahai has worked with WCAS previously as President and CEO of Headstrong, a former WCAS portfolio company. Mr. Sahai was a founder and partner of the consulting firm TechSpan that merged with Headstrong in 2003.

Education

Indian Institute of Management, Calcutta - M.B.A. 

Indian Institute of Technology, Varanasi - Engineering Degree 

The Doon School, Dehradun

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