New York, NY – November 6, 2014 – FolioDynamix is now an Actua company. Learn more and watch a video of FolioDynamix CEO, Joseph Mrak, sharing his views on the acquisition.
Through its fully integrated, cloud-based technology platform, FolioDynamix uniquely enables wealth management firms to improve operational efficiency, offer more innovative trading programs and accelerate growth.
“We are excited to officially add FolioDynamix to Actua’s group of high-growth, high gross-margin, cloud-based brands, adding significant scale to, and opportunity for, our multi-vertical platform,” said Walter Buckley, Actua’s Chief Executive Officer. “FolioDynamix exemplifies the Actua vision of leveraging the power of the cloud to transform vertical markets and processes. Under the leadership of CEO Joe Mrak, FolioDynamix is driving innovation in a large and dynamic market, delivering a fully integrated, cloud-based enterprise level wealth management platform to a rapidly growing blue-chip customer base.”