Riskalyze Expands Its Investment In Enterprise Solutions for Broker-Dealers and Large RIAs With Key New Hires

AUBURN, Calif., Nov. 1, 2018 /PRNewswire/ -- Riskalyze today announced the addition of two key executives that will expand its investment in enterprise solutions for large wealth management enterprises. The firm welcomes Dana Rhodes as managing director of enterprise solutions, and Justin Carapinha as director of demand generation. Both join as part of a broader set of investments the company is making in its enterprise solutions, enterprise product and enterprise implementation teams, which cater to the complex needs of broker-dealers and large RIAs.

As Riskalyze experienced rapid growth within the financial advisory space over the past seven years, the last eighteen months yielded a marked demand from enterprise customers, as they tapped Riskalyze to help them provide risk and trading automation solutions to their large-scale networks of advisors.

    --  An alumnus of Invesco and NFP, Dana Rhodes was most recently vice
        president of advisory services at Kestra Financial. As managing director
        of enterprise solutions at Riskalyze, she will oversee the development
        and design of enterprise advisory platforms for large wealth management
        clients. She will work with managing director Patrick Hannon, who joined
        the Enterprise Solutions team from Advicent last year. Both Hannon and
        Rhodes were present at Riskalyze's first-ever Institutional Partner
        Roundtable during the second-annual Riskalyze Fearless Investing Summit,
        which drew a large crowd of senior broker-dealer and RIA executives.
    --  Justin Carapinha is director of demand generation. Formerly at
        Hewlett-Packard and Brocade, Carapinha most recently ran enterprise
        marketing for Amazon Web Services, the cloud services provider that
        constitutes almost all of the profitability of Amazon. Carapinha brings
        a wealth of knowledge for deploying the "Amazon playbook" of disruptive
        innovation to how Riskalyze will engage with enterprise clients and
        advisors alike.

"The addition of Dana and Justin is the culmination of a broader strategy to meet the increased demand we are seeing from our enterprise partners in the broker-dealer and RIA world," said Aaron Klein, CEO at Riskalyze. "As Riskalyze continues to innovate for advisors and enterprises, we're excited to have Justin and Dana join the team. By combining the connections, experience and track record of veterans both from financial services and technology, we're taking a page from Amazon's own playbook to continue delivering disruptive innovation to our wealth management enterprise partners."

About Riskalyze
Riskalyze is the company that invented the Risk Number®, which powers the world's first Risk Alignment Platform, empowers advisors to automate client accounts with Autopilot, delivers the first risk-centric 401K experience with Riskalyze Retirement Solutions, and enables enterprises to develop real-time visibility, increase revenue, spot issues and navigate changing fiduciary rules with Compliance Cloud. Advisors, broker-dealers, RIAs, asset managers, custodians and clearing firms use the Riskalyze platform to empower the world to invest fearlessly. To learn more, visit riskalyze.com.

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SOURCE Riskalyze