Core Insights - Orange 142's Senior Manager of Business Development, Cassandra Razzi, has been appointed to the 2026 Social Impact Committee of Destinations International, highlighting the company's commitment to enhancing tourism and community impact [1][2][3] Group 1: Company Overview - Orange 142 is a digital marketing agency under Direct Digital Holdings, specializing in helping businesses grow through data-driven media strategies [5] - The company focuses on high-growth sectors including Travel & Tourism, Healthcare, Energy, and Financial Services, delivering customized solutions across various digital channels [5] Group 2: Industry Impact - The Social Impact Committee of Destinations International aims to promote responsible tourism and economic vitality through outcomes-based strategies [2][3] - Razzi's role will involve collaborating with destination marketing organizations (DMOs) to implement performance-led strategies that enhance visibility and support sustainable economic outcomes [2][4] Group 3: Future Engagement - Razzi will participate in the 2026 Destinations International Marketing & Communications Summit, where industry leaders will discuss the future of destination storytelling influenced by AI and community expectations [4]

Business Overview - CWAN aims to be the world's most trusted and comprehensive technology platform simplifying the investment lifecycle[14] - CWAN's platform offers a single, integrated solution for various stages of the investment lifecycle, including investment research, portfolio construction, risk evaluation, and regulatory reporting[24] - CWAN's architecture is open and extensible, creating a network that includes research, pre-trade compliance, OEMS/PMS, IABOR, risk & performance, reconciliation, and reporting[27] - CWAN addresses the complexity arising from numerous data sources (3,500+), security types (~140), accounting bases (35+), active securities (1 million+), and custodian feeds (2,400+)[28] Financial Performance - CWAN boasts a strong gross revenue retention rate of 98%[16,44,49] - CWAN's Q3 2025 EBITDA margin is 34%[16,44] - CWAN has 110 clients with over $1 million in ARR as of H1 2025[16,17,44] - CWAN's Q3 2025 Adjusted EBITDA is $71 million, representing a 34% Adjusted EBITDA margin[76] - CWAN's nine months ended Sept 30, 2025 Excess Free Cashflow is $112 million, which is 22% of revenue[60] Growth Strategy - CWAN's net revenue retention rate is 108% as of September 30, 2025[40] - Approximately half of CWAN's total addressable market (TAM) is located outside North America[40] - CWAN's gross margin is expected to continuously improve, with a target of ~82%+ in the long term[53]

Financial Performance & Guidance - Clearwater core business revenue in 2024 was $451.8 million, with a forecasted 20% growth[183] - The company significantly exceeded gross margin expectations, delivering 78.2% in H1 2023 against a 76% forecast[29, 27] - Non-GAAP EBITDA expectations were also exceeded, with 35.5% in H1 2023 compared to a 31% forecast[33, 31] - FY 2025E revenue guidance is between $726 million and $732 million[183, 185] - The company aims to reduce leverage to below 3 times by December 31, 2026[210] Strategic Initiatives & Growth Drivers - The company's Total Addressable Market (TAM) has more than doubled after integration[83] - Enfusion is expected to re-accelerate growth, targeting a ~20% ending growth rate[96, 97] - The company is enabling a "1 to 4 bps journey," referring to increased technology spending by clients, with current spend addressing 1bp and a target to reach 4bp[106, 112] - Insurance market represents a $6.3 billion ARR global opportunity[117, 119] Technology & Platform - Clearwater has a single data ingestion platform that processes over $10 trillion for over 1,450 clients daily[63] - The company is creating a CWAN compliant standard for the industry, aiming to become the standard for reporting for Alternative Assets with $10T on the platform[160]