Boise, US-based Clearwater Analytics, a global software as a service solution provider has launched its India operations with a new office in Noida. It also plans to invest Rs 180 crore over the next three years in the country.
“India offers a unique proposition and emerged as an obvious choice for us to expand our development and operational strength. With its high-end talent pool, India also scored high for scalability, considering our future growth plans,” Sandeep Sahai, CEO, Clearwater Analytics said in a statement.
Founded in 2004 by David Boren, Michael Boren, and Douglas Bates, Clearwater provides a cloud-based, single instance, multi-tenant solution for automated investment accounting and reporting.
Clearwater Analytics claims that the India development centre will have 100 employees by the end of this year and aims to expand its workforce to 250 employees by the end of the financial year 2019-20. The job roles offered at the new office include software developers, data operations specialists, reconciliation analysts, and investment accounting and reporting experts, the statement added.
The company has offices in New York, London and Edinburgh. It counts Cisco, Oracle and Facebook among its clients.