analytics
Example Sentences
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A consortium led by Permira and Warburg Pincus has agreed to acquire fintech software company Clearwater Analytics Holdings Inc. in a deal valued at $8.4 billion.
Singapore state-owned investor Temasek is also part of the deal, while investor group Francisco Partners is supporting the acquisition, Clearwater Analytics said late Sunday.
“This deal represents a great outcome for Clearwater Analytics and our stockholders,” Chief Executive Sandeep Sahai said.
Upon completion of the transaction, Clearwater Analytics will delist from the New York Stock Exchange and become a privately held company.
Its software combines portfolio management, trading, investment accounting, regulatory reporting, performance, compliance and risk analytics in a single system.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.