Clearwater Analytics Interview Questions and Answers

An online coding test was conducted on HackerRank.

Q1. What is a Java-based solution to the problem of sorting names that have Roman numerals as their last names?
Ans. 
Use a custom Comparator to sort names with Roman numerals as last names in Java.
• Create a custom Comparator that splits the names into parts and compares the Roman numerals separately.

• Use regular expressions to identify and extract the Roman numerals from the last names.

• Implement the Comparator interface and override the compare method to sort the names based on the Roman numerals.

• Example: Input array - ['John Smith III...read more
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Q2. What is the internal working mechanism of a hashmap?
Ans. 
A hashmap is a data structure that stores key-value pairs and uses a hash function to map keys to their corresponding values.
• Hashmap uses a hash function to determine the index of the key-value pair in the underlying array.

• Collisions can occur when multiple keys hash to the same index, which is resolved using techniques like chaining or open addressing.

• Hashmap typically has an underlying array where each element is a l...read more
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Q1. What is the system design for a hotel management system?
Ans. 
A hotel management system is a software application that helps manage various aspects of a hotel's operations, such as reservations, check-ins, check-outs, room assignments, billing, and more.
• Use a relational database to store information about rooms, guests, reservations, and transactions

• Implement user interfaces for staff to manage bookings, check availability, and process payments

• Incorporate features for guests to m...read more
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Q1. I was scheduled for a Java backend developer interview, but the interviewer had a Python background and didn’t ask me any java related questions apart from my introduction.
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Q2. Since, it’s a service based company and doesn’t offer very competitive salaries, it was surprising that they conducted two Hacker rank coding questions with difficult level. If someone has strong experienc...read more
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Q1. What lessons have you learned from your experiences in your previous company?
Ans. 
I have learned the importance of effective communication, adaptability, and teamwork.
• Effective communication is key to successful projects and relationships.

• Adaptability is crucial in navigating changes and challenges in the workplace.

• Teamwork is essential for achieving common goals and fostering a positive work environment.
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Q1. What are the different types of financial derivatives?
Ans. 
Financial derivatives are contracts whose value is derived from the performance of an underlying asset, index, or rate.
• Types include options, futures, forwards, and swaps

• Options give the holder the right, but not the obligation, to buy or sell an asset at a specified price before a certain date

• Futures are agreements to buy or sell an asset at a future date for a price agreed upon today

• Forwards are similar to futures bu...read more
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Q2. What are corporate actions and what are their various types?
Ans. 
Corporate actions are events initiated by a public company that impact its shareholders and securities.
• Types of corporate actions include dividends, stock splits, mergers and acquisitions, rights issues, and bonus issues.

• Dividends are payments made to shareholders from a company's profits.

• Stock splits involve dividing existing shares into multiple shares to lower the price per share.

• Mergers and acquisitions are when tw...read more
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Q1. Tell me about your self ?
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Q2. Where is your home town ?
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Q1. Expected salary ?
Ans. 
I expect a salary that reflects my skills and experience, aligned with industry standards for a Reconciliation Analyst role.
• Research industry standards: For example, Glassdoor or Payscale can provide insights into average salaries for similar roles.

• Consider my experience: With 5 years in financial analysis, I would expect a salary in the range of $70,000 to $80,000.

• Location matters: Salaries can vary significantly base...read more
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Q2. What is your notice period ?
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