Clearwater AnalyticsÂ®, a Boise-based provider of web-based investment portfolio accounting and reporting, has made key additions to its sales team during the past six months, doubling the teamâs total size since January 1, 2011. Clearwater plans to increase its sales force an additional 50% by year end.
Founded in 2004, Clearwater has experienced explosive growth and currently reports on over $650 billion in assets. Much of the recent growth in assets has been in the insurance market where the accounting and investment teams are looking for a better solution that integrates their reporting functions. Ultimately, integrated accounting and reporting solutions improve accuracy, efficiency and transparency. âDemand for Clearwaterâs accounting and reporting solution continues to validate the quality of our offering,â said Dan Pierce, Director of Sales for Clearwater Analytics.
Clearwaterâs new Sales appointments include:
Chuck Mitten, National Channel Manager
Mitten is tasked with expanding business opportunities with current Clearwater partners who offer the investment portfolio accounting and reporting solution to their own clients. Mitten has extensive experience in software sales and relationship management, including tenures at Microsoft and ProClarity.
Brian Slattery, Regional Sales, East Region
Slattery will be responsible for expanding Clearwaterâs corporate cash and insurance opportunities in the US East region. Slatteryâs experience includes asset and wealth management assignments for Merrill Lynch and Morgan Stanley.
Rick Bernier, Regional Sales, New England, Insurance
Bernier will focus on opportunities in the insurance vertical for the New England market. Bernier brings extensive experience in selling technology solution to insurers, having served with SS&C Technologies and Princeton Financial Systems.
Lou Eperthener, Regional Sales, Central US, Insurance
Eperthenerâs emphasis will include focusing on insurance opportunities in the US Central region. Eperthener comes to Clearwater with vast software sales experience, specifically in the insurance vertical market thanks to six years with Princeton Financial Systems.
Brian King, Business Development
King comes to Clearwater with a background in marketing and inside sales and is tasked with qualifying inbound marketing leads, calling on key prospects within assigned territories and supporting regional sales managers. King will assist the senior sales staff by contacting targeted leads uncovered through the companyâs ongoing marketing campaigns.
âWe will continue pursuing opportunities to expand our market share among treasuries in the corporate cash space, while also taking advantage of the tremendous growth potential in the insurance market,â added Pierce. âGiven Clearwaterâs impressive, organic growth, its high customer satisfaction and retention rates, and the increasing demand for an integrated investment portfolio accounting and reporting solution, Clearwater is an increasingly popular solution for insurers, and an employer of choice.â