2024-02-08 18:39:29
InvestCloud, a global provider of wealth and asset management solutions, today announced the appointment of Shawn Donovan as Chief Revenue Officer, responsible for the company’s global sales and accounting management strategy, with a primary focus on improving the creation and delivery of value to customers. This announcement further underscores InvestCloud’s commitment to leading the digital transformation of wealth by intensifying the client experience and accelerating growth as the company maintains more than $6 trillion in assets under management across its platforms.
Mr. Donovan brings extensive experience in the financial services and technology sector to his new role at InvestCloud. He has spent more than 30 years in progressive international leadership roles, with responsibilities spanning sales and accounting, strategy and operations, and general management, while at EDS, Acxiom, Fiserv and Neustar. In addition to serving on numerous executive management committees and leading large-scale global sales organizations during his career, Mr. Donovan’s background includes more than five years as Director of Sales at Fiserv, where he managed teams of more than 400 sales executives and achieved record sales.
“For more than three decades, Shawn has led operational and sales teams serving the financial services industry with a focus on driving exceptional sales and revenue growth,” said Jeff Yabuki, President and CEO of InvestCloud. “We are excited to welcome Shawn to InvestCloud, where we can leverage his deep experience in building high-performing teams and increase the value we deliver to our clients and partners.”
Mr. Donovan specializes in business transformation to drive profitable revenue growth and is deeply committed to cultivating talent, developing best-in-class processes and achieving strong, consistent performance. He has a proven track record of building sales teams and models that deliver results.
“InvestCloud offers a suite of modern technology and enabling solutions to complement the more than $80 trillion in assets expected to pass from generation to generation over the next decade, which we believe will meet the changing expectations of a new generation of customers” , said Shawn Donovan. “I am excited regarding the tremendous transformational opportunity before us and look forward to working with the team to drive this next generation of growth.”
Prior to Fiserv, Mr. Donovan was Director of Sales at Acxiom, where he led a worldwide sales organization of more than 375 professionals responsible for expanding sales and ongoing support of Acxiom’s portfolio of products and services. From Fiserv, Mr. Donovan went on to lead the worldwide sales organization of more than 300 professionals at Neustar, where he was responsible for sales, ongoing support and strategic expansion of the company’s portfolio of products and services.
About InvestCloud
InvestCloud is the international software leader in digital transformation for the wealth management industry and the U.S. leader in customization and scale in advisory programs, including Unified Managed Accounts (UMA) and Separately Managed Accounts (SMA). InvestCloud now holds more than $6 trillion in assets with more than 550 direct clients, including banks and wealth managers, private banks and asset managers. The company offers digital experiences and tools to clients and advisors that enable them to develop client-facing enterprise wealth management solutions, as well as UMA/SMA portfolio management, trade execution, accounting, model management and performance investing solutions, resulting in best-in-class experiences and operations for the wealth and asset management industry. Headquartered in Los Angeles, InvestCloud has offices around the world, including the US, Canada, UK, Switzerland, Italy, Singapore, India, Japan and Australia.
More information regarding InvestCloud can be found at www.investcloud.com
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Source: BUSINESS WIRE
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