InvestCloud announces Chief Growth Officer to oversee expansion

Mark Trousdale, Chief Growth Officer, InvestCloud

Fintech firm InvestCloud has appointed Mark Trousdale as Chief Growth Officer. He will now head up its expansion plans in EMEA.

Trousdale, part of InvestCloud’s founding team, has held various positions at the firm since joining in 2012, most recently as Chief Marketing Officer, based out of the firm’s San Francisco office. Prior to InvestCloud, Trousdale held leadership roles within the Asset Management Advisory practice of Deloitte & Touche LLP.

The appointment to Chief Growth Officer sees Trousdale relocate to InvestCloud’s EMEA headquarters in London.

“EMEA is a key market for InvestCloud, evidenced in the rapid growth we have seen in just the past 12 months alone.” He commented. “The market is ripe for innovation – underserved by incumbent technology providers that are unable to cater to the needs of the modern investor. We are ready to deliver for those firms looking to future-proof. The rapid expansion of our team has meant that we are able to deliver digital capabilities across Europe and beyond at speeds no one has seen before. We will be bringing digital to life in a matter of weeks and months, not years.”

He said 2018 was marked with rapid growth in EMEA for InvestCloud, with the firm increasing its headcount by 130% and acquiring the D2C provider rplan for $20 million – thus adding omni-channel capabilities for asset managers and financial institutions to its digital platform. The firm has also won business to deliver digital platforms for firms such as the AMX and Courtiers.

“InvestCloud is a firm born to be global from the outset,” added John Wise, Co-Founder, CEO and Chairman of InvestCloud. “Our growth in EMEA is reflective of our global growth – upwards of 50% in 2018. Mark is the right person to lead our growth in the region. He is integral to InvestCloud, having been with us since almost day one, and is able to ensure the innovations and approach we undertake in the US can be brought to the region consistently. By placing our Chief Growth Officer in Europe we are making a bold statement. It is not just an outpost for us. We have built a team to work closely with the industry to design, develop and implement digital solutions that meet specific needs. We aim to be the partner of choice for the global investment industry.”

He said Trousdale will work with executive team members to lead the 60-plus team based at its London office, including rplan founder Andy Creak, now EVP of Business Development at the firm, and Elspeth Goodchild, SVP and General Manager, Europe.

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