/devops

News and resources on devops, tools, platforms and APIs for developers and tech leaders in banks and fintechs worldwide.

Goldman Sachs buys one-man spreadsheet startup ClearFactr

Goldman Sachs has struck a deal to buy ClearFactr, a New York-based startup behind spreadsheet software for creating, analysing and sharing financial models. Financial terms of the deal are not known.

  1 Be the first to comment

Goldman Sachs buys one-man spreadsheet startup ClearFactr

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

In a letter to ClearFactr clients, the company's CEO, Dean Zarras, say that Goldman is bringing the technology inhouse and won't maintain existing relationships with other users. The letter was obtained by Institutional Investor.

Zarras, who founded ClearFactr in 2013, is joining Goldman as an MD in the investment banking group.

Goldman wants to use Clearfactr to help turn its strategists into coders who can build custom models - even if they do not have advanced computer science skills, a source tells II.

Sponsored [Webinar] Money Mule Defence: Practical Applications and the Role of Technology

Comments: (0)

New Event Report – Natural Capital FinanceFinextra PromotedNew Event Report – Natural Capital Finance