CashEdge Appoints Senior Executive to Expand Brokerage and Wealth Management Business
New York - June 25, 2008 — CashEdge Inc. (www.cashedge.com), the leading provider of online financial applications to banks, credit unions, brokerages and wealth management firms, today announced that it has expanded its executive management team with the appointment of Thomas Roberts as Senior Vice President and General Manager of the Company's Brokerage and Wealth Management business division.
In this role, Mr. Roberts is responsible for all sales, marketing and client management for CashEdge's Brokerage and Wealth Management business, which provides brokerages, wealth management firms, private banks and financial advisors with applications and services to maximize the profitability of their practices and more efficiently serve their clients.
“We are delighted that Tom Roberts has joined the CashEdge team,” said Sanjeev Dheer, CEO and President of CashEdge. "He brings a vast array of expertise and leadership experience in the financial services industry and I am confident that he will be instrumental in ensuring that CashEdge continues to build upon its leadership position.”
Prior to joining CashEdge, Mr. Roberts served as Vice President for Corporate Services at E-Trade, where he was responsible for sales, marketing and operations for two business units, Employee Stock Plans and Designated Brokerage. During his tenure, he increased revenues for both of the businesses by more than 600 percent.
About CashEdge
CashEdge® provides innovative, online financial applications to banks, credit unions and wealth management firms. CashEdge's solutions include end-to-end online account opening and funding, funds transfer, small business payments and invoicing, and data consolidation. These proven solutions are flexible, scalable and supported by extensive risk management capabilities.
CashEdge has been ranked by Inc. Magazine as one of the 500 fastest growing private companies in the United States for two years in a row. In 2007 it was also recognized by the 2007 Deloitte Technology Fast 500 and Fast 50 as one of the nation's 500 fastest growing private companies and one of the 50 fastest growing companies in the New York area, respectively. The company currently serves hundreds of leading financial institutions including four of the top five banks, 23 of the top 100 banks, and 20 of the top 100 credit unions. CashEdge has offices in New York, Silicon Valley and India. For more information, please visit www.cashedge.com.
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