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 (NASDAQ: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."