RELEASE: Clearwater Analytics Completes Acquisition of JUMP Technology

(Information sent by the signatory company).

RELEASE: Clearwater Analytics Completes Acquisition of JUMP Technology

(Information sent by the signatory company)

Clearwater's end-to-end investment lifecycle solution offers customers feature-rich, modular technology to drive operational efficiencies

BOISE, Idaho, Dec. 1, 2022 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of analytics, reporting and SaaS-based investment accounting, today completed the previously announced acquisition of JUMP Technology, a provider of investment management software based in Paris, France. With the addition of JUMP Technology, Clearwater Analytics is positioned to become an industry-leading provider of innovative end-to-end solutions for investment management firms globally.

Companies will benefit from JUMP's feature-rich modular technology consisting of front and middle office investment management capabilities spanning portfolio management, order management and unit-linked funds processing. JUMP's advanced performance management module will complement Clearwater's award-winning investment accounting platform by providing clients with more sophisticated algorithms for investment performance management and attribution.

"Our acquisition of JUMP Technology accelerates and enhances Clearwater's ability to disrupt the investment management solutions landscape. As a result, Clearwater is uniquely positioned to offer companies a comprehensive alternative to legacy technology," he said. Sandeep Sahai, CEO of Clearwater Analytics. "The combination of these companies not only doubles our presence in Europe, but also allows us to offer our clients best-in-class products coupled with industry-leading services. We are delighted that investment managers around the world now can leverage Clearwater to accelerate efficiencies across the investment lifecycle and unlock new sources of growth. We look forward to continuing to push our disruptive solutions to new geographies and organizations around the world."

JUMP Technology is a leading provider of investment management software in France and several other countries in Europe. Covering the entire investment management value chain, JUMP solutions can be customized for investment management firms, private banks, family offices, insurers, and institutional investors.

"JUMP technology powers versatile and scalable solutions to meet critical business needs such as portfolio management, order management, reporting, data management, performance attribution, net asset value calculation, compliance, accounting and the entire value chain. from start to finish," said Emmanuel Fougeras, CEO of JUMP Technology. "We are excited to bring this platform to customers around the world."

To learn more about Clearwater's flexible, modularized end-to-end platform, talk to one of our experts today.

About Clearwater Analytics

Clearwater Analytics is a global industry-leading SaaS solution for automated investment data aggregation, reconciliation, accounting, compliance, risk, performance, and reporting. Every day, the Clearwater solution reports on more than $5.9 trillion in assets for clients including leading insurers, asset managers, corporations, pension plans, governments and non-profit organizations, helping them get the most out of data from your investment portfolio with a world-class report. Service focused on the product and the client. Investment professionals around the world trust Clearwater to provide timely and validated investment data and analysis. Additional information about Clearwater can be found at, LinkedIn, and Twitter.

Use of Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the beliefs and assumptions of management and currently available information. for management. Forward-looking statements include information about possible future results or assumptions of operations, business strategies, technological developments, financing and investment plans, dividend policy, competitive position, industry, economic and regulatory environment of the Company and JUMP Technology, opportunities for growth potential and the effects of competition Forward-looking statements include statements that are not historical facts and can be identified by terms such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan," "potential," "predict," "project," "seek," "should," "will," "would" or similar expressions and the negatives of those terms, but are not the exclusive means of identifying such statements .

Forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Clearwater Analytics, which may cause the actual results, performance or achievements of the company and JUMP Technology to be materially different from any future results. performance or achievements expressed or implied in forward-looking statements. These risks and uncertainties could cause actual results to differ materially from Clearwater Analytics' current expectations and include, but are not limited to, the Company's ability to successfully integrate JUMP Technology's operations and technology with those of the Company, retain and incentivize JUMP Technology management following the close of the acquisition, and retain JUMP Technology customers, as well as other risks and uncertainties detailed in Clearwater Analytics' periodic public filings with the SEC, including, without limitation, those discussed in "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed March 16, 2022, and in other periodic reports filed by Clearwater Analytics with the SEC. These presentations are available at and on the Clearwater Analytics website.

Given these uncertainties, you should not place undue reliance on any forward-looking statements. In addition, forward-looking statements represent the beliefs and assumptions of management only as of the date of this press release and should not be taken to represent the expectations or beliefs of Clearwater Analytics as of any date after the time they were made. Clearwater Analytics does not undertake and specifically disclaims any obligation to update any forward-looking statement that may be made from time to time by or on behalf of Clearwater Analytics.

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