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InvestCloud Appoints James Young as Chief Information Officer

Gracie Gottlieb | 4 January, 2024

InvestCloud, a global wealth management software leader, has named James Young as its new Chief Information Officer (CIO). In this role, Young will oversee the company's technology strategy, product development, and operations. This appointment comes as part of InvestCloud's ongoing efforts to redefine the future of wealth management and serve their large global client base, which currently supports over $6.4 trillion of assets under management across its platforms.

In addition to his responsibilities at InvestCloud, Young will also serve as a Senior Advisor of Motive Partners, a specialist financial technology private equity firm that has invested in InvestCloud. This collaboration will further strengthen InvestCloud's position in the industry and provide valuable insights and expertise from Motive Partners.

Young brings with him extensive experience in digital technology innovation within the banking and wealth management sectors. With over thirty years of experience in senior technology roles at JPMorgan Chase, including positions in London, Paris, Geneva, Hong Kong, and New York, Young has a deep understanding of the industry's technological needs and challenges. Most recently, he served as the Deputy CIO of the Corporate and Investment Bank at JPMorgan Chase, and prior to that, he was the CIO for Asia Pacific.

InvestCloud's Interim CEO, Richard Lumb, expressed his excitement about Young joining the team and leading the company into its next phase of product and technology innovation. Lumb highlighted Young's experience in wealth management technology and his familiarity with the InvestCloud platform as key assets that will contribute to the company's growth and success. He also emphasized Young's expertise in running mission-critical operations and delivering high-quality software.

Young's career at JPMorgan Chase began as a software engineer in London, where he worked in the expanding fixed-income sales and trading division. He later went on to manage global development teams. As Global CIO for Wealth Management, Young played a crucial role in modernizing the digital platform and expanding its functionalities. His leadership led to substantial growth in digital payments through integrations with ApplePay, RTP, and PTP. Young's experience in running both wholesale and consumer digital technology groups within JPMorgan Chase will be invaluable in his new role at InvestCloud.

Upon accepting his appointment, Young expressed his enthusiasm for joining InvestCloud and working with the talented team. Having previously followed the company's growth trajectory and worked with the team as a client, he is excited to contribute to their accomplishments and further drive digital technology transformation and innovation in the wealth management industry.

Prior to his tenure at JPMorgan Chase, Young held various design engineering positions in the defense and industrial sectors. He holds a BEng (Hons) and a MEng in Electrical and Electronic Engineering from the University of Bradford.

InvestCloud is a global software leader in digital transformation for the wealth management industry. They are also the leading provider of personalization and scale across Advisory programs, including unified managed accounts (UMA) and separately managed accounts (SMA). With over 550 direct clients, InvestCloud supports over $6 trillion of assets and offers a range of digital client and advisor experiences and tools. Their solutions enable the development of front-office wealth management solutions, portfolio management, trade execution, accounting, model management, and performance investment solutions. Headquartered in New York, InvestCloud has a global presence with offices in the United States, Canada, United Kingdom, Switzerland, Italy, Singapore, Japan, and Australia.

For more information on InvestCloud, please visit [www.investcloud.com](https://www.investcloud.com).

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