FolioDynamix Expands Board of Directors with Software Industry Veteran Robert J. Farrell

NEW YORK--(BUSINESS WIRE)--

FolioDynamix, a leading provider of web-based wealth management technology, content and services for managing the full investment and wealth advisory lifecycle, today announced that Robert J. Farrell has joined the company's board of directors.

Mr. Farrell brings significant expertise in growing and running successful software companies, with specific expertise in global enterprise software sales and mergers and acquisitions. Mr. Farrell currently serves as the president and CEO of EDGAR® Online EDGR. Prior to joining EDGAR Online, he was chairman and CEO of Metastorm, a global provider of business process management software and solutions, where he grew the company from a start-up to an established firm with revenues of $75 million, recently overseeing the sale of the company to Open Text OTEX. Prior to Metastorm, Mr. Farrell was president of the Americas region for Mercator Software, a NASDAQ-listed provider of enterprise application integration software. In this capacity, Mr. Farrell directed Mercator's operational and sales activities in the United States, Canada, Mexico and South America. Mr. Farrell was also chief operating officer at LeadingSide, where he led day-to-day operations for the global provider of knowledge-driven information retrieval and also served as executive vice president of international operations at Computer Horizons CHRZ, a worldwide provider of IT services and solutions to Fortune 1000 and government organizations. Earlier in his career, he held positions at several large organizations including E. F. Hutton, American Express and Grumman Data Systems.

“We welcome the addition of Mr. Farrell to the FolioDynamix board of directors,” said Joseph Mrak, president and CEO of FolioDynamix. “His insights will be valuable in helping us achieve the next level of growth, extending FolioDynamix' leadership position in enterprise wealth management technology and further expanding our market presence.”

About FolioDynamix

Bringing innovation, insight and agility to the wealth management and investment advisor communities, FolioDynamix offers the most comprehensive web-based technology platform for managing the full wealth advisory lifecycle – including proposal and onboarding, research, model management, portfolio accounting, trade order management, operations, reporting, and performance analytics – across all account types. Unlike other wealth management technology platforms, FDx SingleSight is completely developed, hosted and supported by FolioDynamix – eliminating silos and empowering advisors with a single platform to manage all customer accounts. The platform provides broker dealers, banks, custodians and service providers with leading-edge technology to attract and retain top advisors, accelerate client acquisition and gain end-to-end visibility into all assets under management for improved efficiency, better compliance, and enhanced client service. Visit www.foliodynamix.com.