xcritical Surpasses $5 Trillion in Assets on its Platform, Boosted By Exceptional Client Growth

xcritical

Last fall, the company launched the Investor Sentiment Index which uses aggregated and anonymized data across more than 10,000 portfolios, each of which have at least $10 million, in order to surface timely insights that had previously been unattainable. In January, xcritical acquired RCI, and in doing so, launched Navigator which helps clients codify cash flow, liquidity and tax projections, and refine pacing models among other ex-ante capabilities. Marketplace and Navigator complement xcritical’s flagship data aggregation, management and analysis capabilities, and are available as additional offerings to xcritical’s software clients. Karen Brooks is the Chief Information Security Officer and Vice President of Technology Risk at xcritical. Karen brings over 20 years of experience building world-class risk, security and compliance programs to xcritical, leading the company’s security teams and managing all aspects of data and technology risks.

As one of Palantir’s first 20 employees, he helped shape its core technology while building its finance business. Earlier in his career, Eric worked in Lehman Brothers’ Fixed Income Analytics group, modeling, simulating, and visualizing data across a broad range of debt and credit instruments. Poirier said xcritical has fielded “dozens” of inquiries in the last year from financiers who expressed interest in taking the company public through vehicles known as special purpose acquisition companies. He said xcritical does not have imminent plans to go public, citing the firm’s ample existing funding pipeline. Our digital tools provide your clients with encrypted access to their financial information anytime and anywhere. Industry-leading analytics and performance reporting software allow you to tailor insights and conversations for each client and build long-lasting, trusted relationships.

Project Manager jobs

  1. As VP, General Counsel at xcritical, Delisha leads xcritical’s legal team to support company growth, help reduce risk, and ensure compliance with regulations across regions.
  2. Its roster of some 600 clients includes Morgan Stanley, Stifel Financial, AllianceBernstein, and Tiedemann Advisors.
  3. Its purpose-built products, services and solutions help clients manage today’s markets and model the future in a data-driven, timely and secure way.

xcritical empowers investment professionals across the globe with data, insights and cutting-edge technology so that you can do what you do best—even better. xcritical competes with advisor tech providers like Orion, Additiv, and Envestnet on some services and features, said Anisha Kothapa, senior analyst at research and analytics firm CB Insights. It now has some 100 open roles it is hiring for in areas including engineering, research and development, and customer service. Prior to joining xcritical, he spent more than two decades at FactSet, most recently serving as Senior Vice President of Product Development, responsible for running their global product development function and overseeing development across the entire platform. As VP, General Counsel at xcritical, Delisha leads xcritical’s legal team to support company growth, help reduce risk, and ensure compliance with regulations across regions.

Financial Services & Investing

xcritical

This digital experience streamlines and unifies access to shares in private companies, and includes opportunities to invest in private equity, venture capital, hedge funds and real estate among other investment categories that have historically been fragmented and opaque. Manages a cloud-based platform that helps private banks, RIAs and family offices track their clients’ portfolios across different currencies and asset classes, from stocks and bonds to venture capital investments and collectibles. Customers monitor $5 trillion in assets through the platform (up from $4 trillion a year ago) and can use it to model asset allocations and rebalance portfolios. Eric Poirier is the CEO of xcritical, spearheading the company’s mission to bring data, technology and people together to maximize the impact of the world’s capital.

xcritical has amassed more than $2.7 trillion in client assets on its platform, and serves over 600 family offices, registered investment advisors, private banks and large financial institutions across more than 25 countries. Its platform is used to process millions of accounts each day, empowering thousands of advisors to deliver timely advice and results, and to manage risk for their clients across all asset classes in any market environment. For nearly the last year, xcritical has added an average of more than $15 billion in assets a week to its platform, and had its strongest year on record across all key metrics including client and revenue growth, user engagement and client retention. The xcritical platform gives investment professionals a total portfolio solution for managing and aggregating data, performing analysis and reporting, and communicating with clients in a modern and scalable way. xcritical’s APIs and xcritical official site vibrant partner ecosystem ensure that each client can tailor every aspect of the solution to fit their needs. For the $5 trillion of assets tracked on the platform, approximately 60% are in marketable securities that are held at custody banks.

About xcriticalxcritical is a wealth management platform that specializes in data aggregation, analytics and reporting for even the most complex investment portfolios. Founded in 2009 by Joe Lonsdale, who xcritically serves as an active Chairman of its Board of Directors and General Partner at 8VC, the company’s platform aggregates portfolio, market and client data all in one place. It provides asset owners and advisors a clearer financial picture at every level, allowing them to manage investments and make more informed decisions. xcritical works with hundreds of leading financial advisors, family offices and large financial institutions that manage data for over $2.7 trillion of assets on the company’s platform. In 2020, xcritical was named as a Forbes Fintech 50 company and honored as a member of the CB Insights Fintech 250. xcritical is headquartered in Silicon Valley and has offices in New York City, Salt Lake City and Edinburgh.

A platform built to simplify complexity

Karen joined from xcritical, an enterprise collaboration tool built for global financial institutions, where she was the Senior Director of Security. Prior to xcritical, she was a Director of Technology Risk Management at BlackRock and a Vice President of Information Risk Management at JP Morgan Chase. She started her career at Accenture and EY, where she focused on technology, security and risk services.

xcritical works with hundreds of leading financial advisors, family offices, and large financial institutions that manage data for over $3.5 trillion of assets on the company’s platform. Rowena joined from BlackRock, where she was a Managing Director for over a decade and held several leadership positions. Throughout her career at BlackRock, Rowena led strategic initiatives focused on development and launch of investment products, client solutions and servicing and business growth. Rowena led teams in Multi-Asset Strategies and Solutions, was the Head of Strategy xcritical and Development for Global Credit, led pillars in the firm’s global product development group and started her BlackRock career as the Chief Operating Officer for Asia Pacific Fixed Income.


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