PureFacts Bolsters C-Suite with Trio of Powerhouse Hires
[vc_row][vc_column][vc_column_text css=””]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. ### 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[/vc_column_text][/vc_column][/vc_row]
PureFacts Names FinTech Veteran Pete Hess as President
Former CEO of Advent Software and CRO at InvestCloud Joins PureFacts to Accelerate Global Expansion and Drive Innovation Across the Company’s Suite of End-to-End Revenue Management Solutions Toronto, CN – October 29th, 2024 – PureFacts Financial Solutions (“PureFacts”), an award-winning provider of end-to-end revenue management solutions for the wealth and asset management industry, announces the appointment of Pete Hess as President. Hess’ hiring follows the completion of a strategic investment from GrowthCurve Capital (“GrowthCurve”), a private equity firm focused on building businesses through data, analytics and machine learning, combined with a comprehensive approach to human capital. Most recently Chief Revenue Officer for the Americas at InvestCloud, a global financial services platform provider, Hess brings an impressive track record in the industry. Hess spent 23 years at Advent, which was acquired by SS&C Technologies in 2015, including three years serving as president and three as CEO. Hess also served as an operating partner at leading U.S. private equity firm Welsh, Carson, Anderson & Stowe, which focuses on the technology and healthcare sectors. “Pete’s a proven business leader and we are grateful and excited that he has chosen to join the PureFacts team,” said Robert Madej, founder and CEO of PureFacts. “His deep understanding of our clients’ business and supporting technology will be pivotal in delivering solutions to our clients, enabling them to accelerate growth and gain a competitive advantage in the marketplace.” In his new role, Hess will report to Madej and is tasked with leveraging PureFacts’ position as the leading revenue management solution for global wealth and asset management firms. Hess will assume day-to-day leadership of PureFacts operations with Madej focusing his time on engaging with key clients, partners and prospects. “Over the course of my career, I’ve seen firsthand the continually evolving technology to support the wealth and asset management industries,” said Hess. “In my view, one critical area that has been too often overlooked is revenue management. PureFacts is leading the charge to change that, and I’m excited to elevate our end-to-end solution, helping clients unlock new revenue streams and uncover new avenues for growth.” PureFacts has grown steadily since it was founded in 2010. Its PureRevenue Platform enables scalable revenue management by powering the entire revenue lifecycle. Following a recent majority investment from GrowthCurve, PureFacts is increasing investment in new product development, accelerating its deployment of artificial intelligence and delivering data-driven insights into new markets. 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. https://www.linkedin.com/company/purefacts-financial-solutions-inc- 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. Contacts MEDIA CONTACT PureFacts Rob Farmer 417-377-3293 purefacts@streetcredpr.com GrowthCurve Dan Gagnier 646-569-5897 growthcurve@gagnierfc.com
Data Enrichment – a partnership between PureFacts and BridgeFT
PureFacts Financial Solutions, a leader in revenue management, fees calculation, incentive compensation and insights for the asset and wealth management sector, announced today it has selected BridgeFT’s WealthTech API to aggregate total wealth data to power and enhance PureFacts’s award-winning software for end-to-end revenue management. Through this partnership, PureFacts will leverage BridgeFT’s WealthTech API data infrastructure platform to: Secure efficient, direct access to normalized, accurate multi-custodial client and investment account data. Leverage that data to onboard and upgrade clients faster and more easily. Enrich data for enhanced AI and analytics BridgeFT capabilities will further support PureFacts in connection with its new partnership with BNY|Mellon’s PershingX, which recently announced that it has selected PureFacts to provide billing, fee reporting, advanced revenue management, incentive compensation and sales performance for its new wealth management platform, Wove. “We are committed to helping wealth management firms grow and succeed,” said PureFacts Chief Executive Officer Robert Madej. “As a global WealthTech company, we rely on clean, high-quality data to drive accelerated growth in new markets. Our partnership with BridgeFT will allow us to better service our clients while also streamlining and capturing data on their behalf more effectively.” BridgeFT is a cloud-native, API-first wealth infrastructure software company that enables financial institutions, fintech innovators and registered investment advisors (RIAs) to deliver better, data-driven outcomes for their clients. Its WealthTech API is the industry’s first WealthTech-as-a-Service platform, offering a single, open API to AI and analytics-ready, multi-custodial data aggregation, advanced analytics, and application services. WealthTech API removes the need for individual data feeds from a range of custodians and back-office providers, allowing wealth management firms and technology companies to create differentiated, next-generation wealth management applications. “PureFacts continues to break new ground for wealth and asset managers by fundamentally rethinking the complete revenue management lifecycle in order to increase revenue certainty and improve operational efficiencies through their best-in-class technology,” said Joe Stensland, Chief Executive Officer of BridgeFT. “We are thrilled to partner with the PureFacts team to enable streamlined access to critical client and investment account data that is foundational to integrating and automating the revenue process across the enterprise. Together, PureFacts and BridgeFT offer a unique combination of capabilities and expertise to help financial institutions and their teams achieve better business outcomes.” To learn more about this partnership, stop by the PureFacts Booth #617 at the 2024 BNY|Mellon Pershing iNSITE Conference from June 4-6, 2024, in Nashville, Tennessee. About PureFacts Financial Solutions Inc. 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’ customers outperform by retaining more clients, 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 BridgeFT BridgeFT is a cloud-native, API-first wealth infrastructure software company that enables financial institutions, FinTech innovators, TAMPs, and registered investment advisors to deliver better, data-driven outcomes for their clients. Our WealthTech-as-a-Service platform, WealthTech API, makes wealth management technology better by accelerating, simplifying and reducing the cost of app development and maintenance, so our clients can focus on delivering next generation wealth management applications and unique digital experiences that amplify their differentiators. Leading financial services firms and technology companies trust BridgeFT to power their digital wealth management ecosystems and automate critical back-office operations seamlessly aligning multi-custodial data aggregation, advanced analytics and reporting, and application services to deliver truly personalized client experiences. For more information, visit bridgeft.com.
Purefacts was awarded WealthTech100 innovation leader
The fourth annual WealthTech100 list for 2022 is launched today by specialist research firm FinTech Global. The prestigious ranking recognizes the world’s most innovative technology solution providers that address the digital transformation challenges and opportunities faced by investment firms, private banks and financial advisors. The WealthTech sector has experienced huge growth in recent years as the surge in online usage and customer demand for best-practice digital experience have accelerated innovation. The global WealthTech market is projected to reach $11.9bn by 2030. The process to identify the 100 WealthTech innovation leaders was more competitive than ever this year and over 1,200 companies were considered for inclusion. A panel of analysts and industry experts voted for the 100 finalists by assessing the impact those companies are making by using technology to solve a significant industry problem or to generate efficiency improvements across the investment value chain. According to Richard Sachar, a director of FinTech global, “The rise of digital distribution channels and online financial products has opened new client segments for investment firms and financial advisors. Businesses that fail to keep up with the latest technologies and innovation will be less competitive and lose market share over time. The WealthTech100 list helps senior decision-makers filter through all the vendors in the market by highlighting the leading companies in areas such as client acquisition, financial planning, portfolio management and digital brokerage.” Some of the world’s leading companies in the 2022 WealthTech100 include: AIFMetrics: plug & play cloud-hosted, white-labelled platform empowering alternative asset managers to digitally transform into new client segments; augmenting AUM CAIS: the first truly open marketplace for alternative investments, where financial advisors and asset managers can engage and transact directly on a massive scale Docupace: platform focused on digitizing and automating operations in the financial advice and investment industries to reduce back-office expenses Doxim: communications technology leader providing personalized, omnichannel document solutions and transforming experiences to strengthen engagement across the lifecycle in financial and regulated markets FamilyWealth: digital advisory firm using technology to enable financial advisers to compete and win against wire houses and fintechs FinaSoft: offers solutions for mapping of digital communication and customer interaction along with complete client onboarding and investment advice process Flanks: wealth Management SaaS solution that automatically aggregates the position and operation of your clients into your reporting tool GBST: provides innovative back-office technology solutions and digital services to the wealth management sector globally GrowthInvest: technology platform on a mission to make investing in alternative assets simple and accessible Hexaview: offers a fully-featured wealth management reporting software for financial advisors to optimize the cumbersome process of financial reporting InvestCloud: global company specializing in developing first-class, digital platforms that enable the development of financial solutions, pre-integrated into the Cloud InvestSuite: helps financial institutions realise their digital wealth transformation journey, democratise wealth management and create the most delightful investing experiences Ledgex: the first comprehensive fintech platform designed with family offices in mind NICE Actimize: the leading global provider of financial crime, risk, and compliance solutions Openfinance, BME’s Fintech: an expert in Wealth Management Solutions with 20 years of experience in the digitization of investment processes of financial institutions Ortec Finance: the company’s OPAL solution facilitates goal-based planning and monitoring of clients’ goals and improves investment decision making PaxFamilia: holistic advice platform that helps financial institutions understand and serve their clients with the right solutions at the right time PSplus: the leading partner for individual Wealth Management Solutions whether for Family Offices, Asset Managers, Banks, or Foundations PureFacts: develops software that helps financial services firms increase revenue, reduce risk, and deliver better outcomes to their clients QPLIX: digitizes the management of complex financial assets by mapping the entire range of liquid and illiquid asset classes Refinitiv: provides wealth firms with world-leading content and intuitive workflows that deepen client engagement and optimize business performance Sentifi: detects investment signals in over 500M+ tweets, news, forums and blogs daily with a sophisticated, proprietary AI engine TelosTouch: a connected experience platform for institutions, advisors and clients to personalize services, increase loyalty and accelerate revenue Tindeco: enables wealth and asset managers to offer highly customised investment solutions in a scalable manner Velexa: investing technology platform empowering financial institutions to capitalise on the demand for modern and ubiquitous investing solutions by new-generation investors WealthObjects: helps firms launch modern fully automated or hybrid digital business models in investing and savings as a B2B financial technology partner A full list of the WealthTech100 and detailed information about each company is available to download for free at www.WealthTech100.com.
PureFacts recognized as a must-know company in global ESG FinTech 100 2022 list
New York (from TSAM East Coast), October 6, 2022 – PureFacts Financial Solutions, the leading WealthTech provider in fee billing and revenue management – serving over 100 of the world’s leading global financial firms – has been recognized as a 2022 ESGFinTech100 winner. ESG, is a trend that is definitely here to stay. Investors want companies to generate returns and do so in a way that aligns with their values Robert Madej, Founder & CEO of PureFacts Financial Solutions. “Being recognized globally through ESGFinTech100 inspires our ongoing commitment to our clients’ business.” The company is participating in TSAM East Coast (The Summit for Asset Management) this Thursday October 6 in New York. PureFacts CEO, Robert Madej, will chair the Technology and Automation stream and be part of the ESG panel discussion as well. About the award Given the huge rise in appetite for ESG tech solutions in financial services, the ESGFinTech100 was produced to identify the 100 most innovative tech companies every financial institution needs to know about as they consider and develop their ESG assessment and performance improvement strategies. The standout companies were chosen by a panel of industry experts and analysts who reviewed a study of over 500 ESG tech companies undertaken by FinTech Global, a data and research firm. “The ESGFinTech100 list helps senior management filter through all the solution providers in the market by highlighting the most innovative ESG tech companies in areas such as ESG Assessment & Reporting, Regulatory Change Management, ESG Intelligence & Data Analysis, Supply Chain Screening and Banking & Investment products,” FinTech Global director Richard Sachar said in a September 28 press release announcing the winners. PureFacts, which just last week announced its own program for sustainable and meaningful community growth called PurePossibilities, has been at the forefront of solving some of the most complicated problems through innovative AI and machine learning algorithms. The company’s investor retention solutions, client value solutions, data anomaly detection, data insights and ESG Reporting Engine are among some of its offerings for wealth and asset managers. “Doing good is becoming increasingly good for business’” said Rajini McRae, President of PureFacts Financial Solutions. “Companies that show a better ESG score will have a lower cost of capital leading to faster and more sustained growth.” A full list of the ESGFinTech100 can be found at www.ESGFinTech100.com.