InvestCloud Appoints Shawn Donovan As Chief Revenue Officer

LOS ANGELES--( BUSINESS WIRE )--InvestCloud, a global provider of wealth and asset management solutions, today announced the appointment of Shawn Donovan as Chief Revenue Officer ("CRO"), responsible for the company's global sales and account management strategy, with a focus on by improving value creation and delivery for clients.This announcement further underscores InvestCloud's commitment to leading the digital transformation of wealth, enhancing client experience and accelerating growth as the company supports more than $6 trillion in assets through its platforms.

Mr. Donovan brings extensive experience in the financial services and technology industries to his new role at InvestCloud. He has spent more than 30 years in progressive global leadership roles at EDS, Acxiom, Fiserv and Neustar where he was responsible for sales and account management, strategy and operations and general management. In addition to serving on various executive committees and leading large global sales organizations throughout his career, Mr. Donovan spent over five years as Director of Sales at Fiserv where he managed teams of over 400 sales executives and achieved record sales.

"For more than three decades, Shawn has led sales and operations teams serving the financial services industry with a focus on outstanding sales and driving revenue growth," said Jeff Yabuki, President and CEO of InvestCloud. "We are thrilled to welcome Shawn to InvestCloud, where he will leverage his deep expertise to build high-performing teams and increase value for our clients and partners."

Mr. Donovan specializes in business transformation to drive profitable revenue growth and is deeply committed to nurturing talent, developing best-in-class processes, and achieving consistently strong performance. He has a proven track record of building sales teams and models that deliver results.

"InvestCloud offers modern technology solutions to complement the more than $80 trillion in wealth expected to be transferred from one generation to another over the next decade, and we believe it will meet the changing expectations that clients have for new generation," Shawn Donovan revealed. "I am excited about the tremendous transformational opportunity ahead and look forward to working with the team to drive the next generation of growth."

Prior to Fiserv, Mr. Donovan was Director of Sales at Acxiom, where he led a global sales organization of over 375 professionals and was responsible for growing sales and continuously supporting Acxiom's portfolio of products and services. From Fiserv, Mr. Donovan joined Neustar, where he led a global sales organization of over 300 professionals and was responsible for sales, ongoing support, and the strategic expansion of the company's product and service portfolio.

What you should know about InvestCloud

InvestCloud is the world's leading software company in the digital transformation of the wealth management industry and the US leader in personalization and scaling of advisory programs, including Unified Managed Accounts (UMA) and Separately Managed Accounts (SMA). . InvestCloud today supports more than $6 trillion in assets with more than 550 direct clients, including banks and asset managers, private banks and asset managers. The company offers digital client and advisory experiences and tools that enable the development of front office wealth management solutions and UMA/SMA portfolio management, trade execution, accounting, model management and performance investment solutions that deliver best-in-class wealth experiences and operations. - and asset management industry. Headquartered in Los Angeles, InvestCloud has offices worldwide, including the US, Canada, the UK, Switzerland, Italy, Singapore, India, Japan and Australia.

More information about InvestCloud is available at www.investcloud.com

The official, authoritative version of this announcement is the text published in the original source language. The translation is only for the convenience of the reader and should be compared with the text written in the source language, which is the only legally valid version.

Contacts

INVESTCLOUD MEDIA:
InvestCloudCommunications@fticonsulting.com

First published on Thu, Feb 8, 2024

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Software-As-A-Service (SaaS) SolutionsInvestCloud Asset Management Solutions Digital Transformation Of Wealth Unified Managed Accounts (UMA) Separately Managed Accounts (SMA)

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