bankingciooutlook

Featheringill Capital Acquires InvestEdge

Banking CIO Outlook | Wednesday, October 07, 2020

For 20 years, InvestEdge has pioneered best-in-class compliance, UMA, reporting, and portfolio software for wealth managers. UHNW and HNW clients have unique needs that can only be met with nuanced and specific solutions. InvestEdge exists to serve these requirements.

FREMONT, CA: InvestEdge, the leading provider of compliance software to financial institutions, has declared that Featheringill Capital has acquired a majority interest in the company. Senior management participated in the transaction, as it enables InvestEdge to better serve its customers with enhanced support and products.

Featheringill's backing solidifies InvestEdge's financial position and will give access to capital for continued investment in the company's products. As a consequence of this transaction, InvestEdge will be known as a majority woman-owned business.

Liz Pharo, Managing Partner of Featheringill Capital, stated, "The InvestEdge compliance solution is the most sophisticated we've seen. Given how important compliance monitoring is to a financial institution's viability, we jumped at the chance to partner with the team at InvestEdge."

For 20 years, InvestEdge has pioneered best-in-class compliance, UMA, reporting, and portfolio software for wealth managers. UHNW and HNW clients have unique needs that can only be met with nuanced and specific solutions. InvestEdge exists to serve these requirements.

"This transaction provides InvestEdge deep strategic and committed financial support to fulfill on our mission," stated Brian Burns, InvestEdge CEO.

"Featheringill's backing ensures that we can bring the absolute best compliance and portfolio management software to wealth managers across the country. Our customers can look forward to even more responsive service and product development, while continuing to enjoy the benefits of our award-winning technology.

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