Sep 06, 2023 / 05:45PM GMT
Unidentified Analyst -
It's actually trading above your issue price.
Questions and Answers:
Unidentified Analyst -And Sandeep, you've been involved in the business since 2016. At the time, it was $90 million of ARR. You've crossed over $325 million of ARR, 1,200-plus customers. The business has done just an incredible job scaling. It'd be great to just step back and spend a couple of minutes, just framing the business, how you guys have continued to do this? And I think for all of us, just a very quick overview of what's investment accounting and reconciliation?
Sandeep Sahai - Clearwater Analytics Holdings, Inc. - CEO & Director
Yes, that's a good lead-up. So firstly, thank you for the stock. It's nice to know it's doing well. But look, what we do is large clients have investment portfolios. That portfolios could be in the tens or hundreds of billions of dollars. And every day, they need to make a decision about what to trade, what to sell, what to buy and things of that ilk, right? And the question is how do you see a
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