Press release

Mark Gillespie Joins Clearwater to Lead Operations in Europe

Sponsored by Businesswire

Clearwater Analytics® announced today that Mark Gillespie has
joined the firm as Director of Europe Operations to lead the company’s
continued operational expansion in Europe.

Clearwater empowers investment professionals worldwide with
collaborative client servicing paired with its leading SaaS solution for
investment portfolio data management, reconciliation, accounting, and
reporting services. Since its founding in 2004, the company has remained
committed to two primary goals: delivering long-term client success, and
building and growing an outstanding team of colleagues dedicated to this

Mark comes to Clearwater with 24 years of experience in global financial
institutions. Previously, Mark was Citibank’s Site Head and Operations
Director for Fund Administration Services in Edinburgh. Prior to
Citibank, Mark was an Executive Director at J.P. Morgan, for Fund
Accounting Operations.

“I am excited to join Clearwater as we find new ways to provide clients
with a top-level solution, which includes excellent servicing,” said
Mark. “I chose Clearwater for the personal approach they take to working
with their clients. With the momentum achieved in the past couple of
years, Clearwater has much potential in the European market and I look
forward to being a part of that growth.”

Extensive market knowledge, and a proven track record of supporting
customers both large and small, make Mark a perfect fit for Clearwater,
which is expanding its European operations to better service its
expanding global clientele. In 2018, Clearwater added more than $540
billion in new assets to the platform from Europe alone. Clearwater
presently serves more than 60 insurance, investment management, and
corporate treasury clients across 13 countries in Europe.

Mark will oversee the daily operations for Clearwater’s Europe-based
development, client servicing, product, and other personnel. He will
also continue to build the team in Edinburgh, which has grown
considerably over the past 12 months and will have over 100 people by
the end of this year. He will also add to the team of specialists based
in Clearwater’s London office.

“Clearwater has always been dedicated to exceeding its clients’
expectations, and I am confident Mark will build on that tradition as
Director of Europe Operations,” said Clearwater Chief Executive Officer
Sandeep Sahai. “Mark will be integral as we expand our daily operations
in Europe.”

About Clearwater Analytics

Clearwater Analytics® is a global SaaS solution for automated investment
data aggregation, reconciliation, accounting, and reporting. Clearwater
helps thousands of organisations make the most of their investment
portfolio data with a world-class product and client-centric servicing.
Clearwater offers a full complement of middle- and back-office solutions
like trade confirm/affirm, client billing, composite management, client
statements, and more.

Each day, the Clearwater solution reports on more than $3 trillion in
assets for clients that include AIG, Arch Capital, AXA Art Insurance,
Catalina Holdings, Cisco, Facebook, FBD Insurance, Fidea Verzekeringen,
Garmin, J.P. Morgan, London & Capital, Oracle, Starbucks, Spotify, Unum
Group, and many others.

Since its founding in 2004, Clearwater has provided a cloud-native
solution that helps investors make the most of their data. Investment
professionals in more than 25 countries trust Clearwater to deliver
timely, validated investment data and in-depth reporting.

Additional information about Clearwater can be found at
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