purefacts Awards Permalink

PureFacts Named to the WealthTech100—A Continued Legacy of Excellence

purefacts April 2, 2025

PureFacts Named to the WealthTech100—A Continued Legacy of Excellence

We’re honored to once again be recognized on the WealthTech100 list! This achievement reflects our commitment to delivering innovative solutions that help wealth management firms drive efficiency, transparency, and growth.

At PureFacts, we’re dedicated to developing technology that makes a real impact. Our industry-leading, enterprise-grade revenue management platform continues to set the standard for optimizing the mission-critical fees, billing, and advisor compensation processes, plugging costly leaks and helping our clients capture 100% of the revenue to which they are entitled.

The WealthTech100 highlights the companies shaping the future of our industry, and we’re proud to be recognized alongside so many forward-thinking organizations. Congratulations to all the companies on this year’s list!

To our incredible PureFacts team—this recognition is because of your hard work, innovation, and dedication. Thank you for all that you do!

A full list of the 2025 WealthTech100 report is available to download at www.WealthTech100.com.

#WealthTech100 #FinTech #WealthManagement #Innovation #PureFacts

03 Mar 2025

purefacts News Permalink

PureFacts Bolsters C-Suite with Trio of Powerhouse Hires

purefacts March 3, 2025

PureFacts Bolsters C-Suite with Trio of Powerhouse Hires

Major expansion of leadership team sets the stage for further growth, innovation and market expansion

Toronto, CN – March 4, 2025 – PureFacts Financial Solutions (“PureFacts”), an award-winning provider of end-to-end revenue management solutions for the investment industry, announced today the appointment of three executives to its C-suite. Robert O’Boyle joins as chief revenue officer (CRO), Anuradha (Anu) Dodda as chief technology officer (CTO) and Stephen Tkaczyk as chief financial officer (CFO). These strategic additions will complement PureFacts strong leadership team and catalyze the company’s next phase of expansion and innovation.

“With Rob, Anu and Stephen joining our executive team, we are solidifying our leadership structure, leveraging their extensive experience to drive growth for our clients,” said Pete Hess, president of PureFacts. “Each of these experienced professionals brings an impressive track record of leadership and a strategic mindset, enhancing our platforms so that we can continue to enable top tier wealth and asset management firms to improve their operational efficiency and accelerate top line revenue growth.”

O’Boyle will lead the charge to accelerate the adoption of PureFacts’ revenue management platform, expand into new client segments and facilitate seamless execution of go-to-market strategies. With more than 25 years of experience in financial services and wealth management, he has held leadership roles at InvestCloud and Advent Software (SS&C), where he optimized sales teams and drove revenue growth. O’Boyle will oversee the sales and marketing teams from New York City.

Dodda, a recognized leader in generative artificial intelligence (AI), data analytics and cloud computing, will steer PureFacts’ technology strategy to enhance product innovation and improve client engagement. With a career spanning nearly three decades, she has held senior technology roles at Thomson Reuters, RBC, Manulife and IBM. She will focus on leveraging AI and advanced analytics to support operational excellence, product delivery and innovation to create new value for clients.

Tkaczyk, a financial leader with two decades of experience in private equity-backed software-as-a-service (SaaS) companies, will spearhead PureFacts’ financial strategy and operational efficiency initiatives. Before joining PureFacts, he held finance leadership roles at Alliance Atlantis Communications, Shred-it International, Kognitiv Corporation and Cority. He has deep expertise in financial reporting, performance management and mergers and acquisitions (M&A).

“Our goal is to help firms maximize revenue potential by leveraging our deep industry expertise to deliver intelligent, enterprise-grade solutions that can drive real business impact,” said Rob Madej, CEO and founder of PureFacts. “With these experienced leaders joining our executive team, we are better positioned to drive the next wave of innovation and help our clients unlock millions of dollars of unclaimed revenue.”

These strategic hires mark a key milestone for PureFacts, following a major capital investment from GrowthCurve Capital in 2024. They also build on the company’s recruitment momentum after Pete Hess’s appointment as president last October.

To learn more about PureFacts’ offerings, visit purefacts.com.

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About PureFacts Financial Solutions

PureFacts Financial Solutions is an award-winning provider of End-to-End Revenue Management solutions for the investment industry. PureFacts helps some of the largest and most recognizable wealth management, asset management and asset servicing firms manage and grow their revenues. The PureRevenue Platform enables scalable revenue management by powering the entire revenue lifecycle. Firms calculate, collect, distribute, incentivize and optimize their revenues using PureFacts AI-enriched fees engine, incentive compensation application and compelling revenue business intelligence powered by a single system of record for revenue management. PureFacts’ clients outperform by retaining more customers, delivering incremental value, improving productivity, properly incentivizing advisors and distributors, preventing costly mistakes and finding optimization opportunities. With offices in Canada, the USA, and Europe, PureFacts has been recognized for its innovation and excellence including selections to the WealthTech100, AIFinTech100 and ESGFinTech100 awards.

Drive revenues. Eliminate leakages. Increase growth velocity. Learn more at purefacts.com.

About GrowthCurve

GrowthCurve Capital is a private equity firm focused on building businesses by leveraging data, analytics, and machine learning, combined with a comprehensive approach to human capital, to seek to accelerate growth and drive long-term value. Founded by Sumit Rajpal, former Global Co-Head of the Goldman Sachs Merchant Banking Division, the firm focuses on data-rich, control-oriented private equity investments primarily across the technology and information services, healthcare, and financial services sectors. For more information, please visit www.GrowthCurveCapital.com and follow the firm on

‍www.linkedin.com/company/growthcurvecapital.

MEDIA CONTACT:
purefacts@streetcredpr.com

Tom Warburton
347-400-3483
Tommy@streetcredpr.com

Lindsay McCoy
906-322-4982
Lindsay@streetcredpr.com

26 Jun 2025

purefacts Press Release Permalink

PureFacts Financial Solutions to Enhance Revenue Management Capabilities with BNY Pershing

purefacts June 26, 2025

PureFacts Financial Solutions to Enhance Revenue Management Capabilities with BNY Pershing

PureFacts identified as select provider for Pershing clients’ fee billing and advisor compensation and incentive planning and management needs

PureFacts Financial Solutions, the leading provider of revenue management and optimization solutions for the investment management industry, announced today a deepened relationship with BNY Pershing as the select provider for their clients’ billing and advisor compensation management needs.

This collaboration aims to provide shared clients with PureFacts’ advanced revenue management solutions to further complement BNY Pershing’s Wove suite of advisory tools delivering capabilities that streamline operations and enhance client engagement.

“Collaborations of this level are why BNY Pershing’s Wove stands out in the market,” said Noam Tasch, Head of Platform Sales at BNY Pershing. “The capabilities that PureFacts brings to our clients help support BNY Pershing’s goal of simplifying, scaling, and revolutionizing the wealth management experience for advisors.”

“The combined power of PureFacts and BNY Pershing’s Wove will help ensure wealth management firms have access to the best solutions to both capture lost revenue and create revenue generating advisor compensation strategies and incentive planning,” said Pete Hess, President of PureFacts Financial Solutions.

About PureFacts Financial Solutions

Founded in 2010, PureFacts Financial Solutions is an award-winning global provider of revenue management solutions for the investment industry. Serving over 140 clients with a combined $10 trillion in assets under management, PureFacts’ wealth-tech solutions are an integral part of the tech stack and services model for 6 out of the 10 largest and most recognizable wealth management firms across North America and Europe, and help grow revenue through better management of fees, compensation and actionable, data-driven insights.

Visit purefacts.com for more information.

Media Contacts

PureFacts Financial Solutions
Ed Locher
ed.locher@purefacts.com

720.926.4383

18 Jun 2025

purefacts Awards Permalink

PureFacts Featured in the 2025 AIFinTech100 List for the Second Consecutive Year

purefacts June 18, 2025

We’re proud to announce that PureFacts has once again been recognized as one of the world’s top 100 AI innovators in financial services, earning a spot on the prestigious AIFinTech100 list for 2025.

Now in its fifth year, the AIFinTech100 recognizes the most impactful companies using artificial intelligence to reshape the future of finance. With more than 2,000 firms evaluated globally, selection to this year’s list is a reflection of the growing importance of AI; and our continued leadership in harnessing it to create meaningful outcomes for our clients.

At PureFacts, we’re committed to helping financial firms find and grow more revenue, faster. Through intelligent automation and AI-powered analytics, our platform delivers measurable results across the entire revenue management lifecycle; from transparent fee processing and compensation optimization to actionable insights that drive client engagement and business growth.

“AI is fundamentally reshaping the financial services landscape,” said Richard Sachar, Director at FinTech Global. “The companies featured on this year’s AIFinTech100 list are at the forefront of that transformation.”

Being named to the AIFinTech100 for a second year affirms our vision: to be the trusted partner in data-enriched revenue lifecycle solutions that empower our clients to thrive in a rapidly evolving financial ecosystem.

We’re honoured to be featured among this year’s top innovators and excited to continue pushing the boundaries of what AI can do for wealth and asset management. Explore the full 2025 AIFinTech100 list at www.AIFinTech100.com

16 Jun 2025

purefacts Blog post Permalink

Is Your Advisor Compensation System Costing You Millions? The Hidden Impact on Your Bottom Line

purefacts June 16, 2025

In today’s competitive financial landscape, attracting and retaining top advisory talent is paramount. While a competitive, transparent, and fair compensation process is foundational to this, C-suite leaders must ask a more critical question: Is our advisor compensation framework a strategic asset, or a hidden liability impacting our end-to-end revenue management cycle?

For many firms, the answer is unsettling. Makeshift spreadsheets, repurposed generic tools, or inadequately designed platforms are often struggling to manage the intricate revenue streams of the wealth management industry. If your organization relies on such improvised solutions, it could be silently hemorrhaging millions in potential revenue and creating significant operational drag.

It’s time to put your current advisor compensation system under a strategic performance review.

The High Stakes of Inadequate Compensation Systems

The dynamism of the wealth management sector – with its diverse transaction types, evolving fee structures, frequent M&A activities, and shifting regulatory demands – necessitates an exceptionally agile and robust compensation management solution. Without it, your firm isn’t just risking inaccurate payouts; it’s risking its strategic objectives.

Consider these critical blind spots that may exist within your current framework:

Strategic Misalignment: Does your system truly ensure every dollar allocated to compensation directly supports your firm’s immediate priorities and long-term growth ambitions? Or could it be inadvertently incentivizing the wrong behaviors?
Opacity and Inefficiency: Are calculations transparent and easily understood, fostering advisor trust? Or could complex, opaque processes be masking costly inefficiencies and discrepancies, potentially derailing your financial goals?
Inflexibility in the Face of Change: Can your system seamlessly accommodate dynamic payout structures, integrate new entities post-M&A, and adapt to regulatory shifts without massive operational overhauls? Rigidity here is a direct threat to scalability and responsiveness.
Industry-Specific Gaps: Is your solution truly tailored to the unique, multifaceted financial mechanics of wealth management, or is it a generic platform that fails to grasp the nuances of your revenue streams?

Beyond Basic Functionality: The Data and Integration Imperative

Minimizing compensation inefficiencies and maximizing profitability demands more than basic calculation capabilities. It requires sophisticated software architected for:

Complex Data Mastery: Your system’s outputs are only as reliable as its data inputs and logic. It must be configurable to manage diverse incoming and outgoing billing activity, intricate fee schedules, multiple incentive tiers, and both transaction-based and flat-fee models with precision. This is merely the baseline.
Seamless Ecosystem Integration: Advisor compensation doesn’t operate in a vacuum. It’s a critical component of your entire revenue lifecycle management. A truly effective solution integrates:
- Strategic Consulting Expertise: Applying industry best practices to architect compensation plans that drive desired outcomes.
- Enterprise-Grade, Purpose-Built Software: Deploying technology specifically designed for the complex variables inherent in total advisor compensation and rewards.
- Actionable Business Insights: Delivering detailed reports and statements that don’t just show numbers but illuminate revenue leakage, billing inefficiencies, and opportunities to optimize incentive structures for greater profitability.

The Real Cost of Miscalculation: A Multi-Million Dollar Risk

Consider a simple scenario: an advisor discounts a $100 service to $80. Your firm’s agreed share is 50%, or $40. An inadequately configured system might incorrectly pay the advisor $50 (50% of the original $100) and allocate only $30 to the firm. This single error directly erodes your profitability.

Now, amplify this across thousands of transactions, customized incentives, complex split agreements, and performance-based payout tiers. Even minor, systemic misconfigurations can compound into substantial financial losses annually. In an industry laden with such complexities, the potential for value leakage is immense if your compensation engine isn’t meticulously engineered and managed.

Transforming Compensation from an Expense to a Strategic Driver

In an environment where a single basis point improvement can yield significant financial advantage, settling for a sub-optimal compensation system is an economic misstep.

Legacy systems or generic solutions may offer a temporary reprieve, but they ultimately create a competitive disadvantage.

By re-evaluating your compensation framework and partnering with solutions that offer deep industry insight and flexible, purpose-built technology, you move beyond merely mitigating revenue leakage. You unlock new pathways for sustainable growth, enhance advisor loyalty, and fortify your firm’s financial health. Just as an underperforming business unit demands executive attention, an underperforming compensation system warrants immediate strategic review.

Is your firm ready to transform its advisor compensation from a potential liability into a strategic driver of growth? Contact us to explore how PureFacts can help optimize your revenue lifecycle.

— James Iacabucci is the Director, Product & Engineering at PureFacts Financial Solutions, an award-winning provider of end-to-end revenue management solutions for the investment industry, helping firms maximize profitability, ensure compliance and deliver exceptional client service.

13 May 2025

purefacts Press Release Permalink

PureFacts Expands Executive Team With Key Appointments in Customer and People Leadership

purefacts May 13, 2025

PureFacts Financial Solutions (“PureFacts”), an award-winning provider of end-to-end revenue management solutions for the investment industry, today announced the appointments of two executives to its C-suite: Jennifer Bouyoukos as chief people officer (CPO) and JJ Jeffries as chief customer officer (CCO). Both roles are newly created positions within the company, reflecting PureFacts’ continued growth and evolving organizational needs.

“Adding these professionals to our growing roster of talent underscores our commitment to scaling with purpose and investing in people and client success,” said Pete Hess, president of PureFacts. “Jennifer and JJ bring world-class leadership and a strong record of transforming organizations. They will play a critical role in helping us empower financial services firms through data-driven revenue growth.”

Bouyoukos brings more than 25 years of global HR leadership experience across technology, media and financial services sectors. She has held senior HR roles at SAP, RBC, Manulife, Entertainment One and Kobo, where she led large-scale cultural transformation, merger & acquisition (M&A) and international expansion initiatives. At PureFacts, she will be responsible for leading all aspects of the company’s people strategy. Her focus will include talent acquisition, executive development, diversity and inclusion and organizational design to support the firm’s rapid growth and evolving culture.

“I’m looking forward to joining the PureFacts team at such an exciting inflection point,” said Bouyoukos. “The company’s purpose-driven vision, client focus and growth mindset deeply align with my own values as a people-first leader. Together we’ll continue to build on the company’s strong foundation to help make it a destination for top talent.”

Jeffries has more than 15 years of experience in client success, business transformation and growth strategy, most recently serving as chief revenue officer at reverse logistics platform Vendidit. His previous roles include vice president of channel strategy at TransImpact and managing principal at Capco, where he focused on fintech partnerships. At PureFacts, he will lead all client-facing functions, enhancing customer satisfaction, cultivating long-term strategic partnerships and ensuring alignment between the firm’s solutions and evolving customer needs.

“PureFacts is redefining what’s possible for financial services firms through innovative data and revenue intelligence,” said Jeffries. “I’m eager to champion the client voice and help ensure our teams deliver best-in-class outcomes that drive meaningful growth for our partners.”

These strategic appointments reflect PureFacts’ continued momentum following a major capital investment from GrowthCurve Capital in 2024. The company has made several recent C-suite additions, naming Pete Hess as president in October 2024, followed by the recruitment of Robert O’Boyle as chief revenue officer, Anuradha Dodda as chief technology officer and Stephen Tkaczyk as chief financial officer all in March 2025.

To learn more about PureFacts’ offerings, visit purefacts.com.

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About PureFacts Financial Solutions

PureFacts Financial Solutions is an award-winning provider of End-to-End Revenue Management solutions for the investment industry. PureFacts helps some of the largest and most recognizable wealth management, asset management and asset servicing firms manage and grow their revenues. The PureRevenue Platform enables scalable revenue management by powering the entire revenue lifecycle. Firms calculate, collect, distribute, incentivize and optimize their revenues using PureFacts AI-enriched fees engine, incentive compensation application and compelling revenue business intelligence powered by a single system of record for revenue management. PureFacts’ clients outperform by retaining more customers, delivering incremental value, improving productivity, properly incentivizing advisors and distributors, preventing costly mistakes and finding optimization opportunities. With offices in Canada, the USA, and Europe, PureFacts has been recognized for its innovation and excellence including selections to the WealthTech100, AIFinTech100 and ESGFinTech100 awards. 

Drive revenues. Eliminate leakages. Increase growth velocity. Learn more at www.purefacts.com. 

About GrowthCurve

GrowthCurve Capital is a private equity firm focused on building businesses by leveraging data, analytics, and machine learning, combined with a comprehensive approach to human capital, to seek to accelerate growth and drive long-term value. Founded by Sumit Rajpal, former Global Co-Head of the Goldman Sachs Merchant Banking Division, the firm focuses on data-rich, control-oriented private equity investments primarily across the technology and information services, healthcare, and financial services sectors. For more information, please visit www.GrowthCurveCapital.com and follow the firm on

‍www.linkedin.com/company/growthcurvecapital.