Former BlackRock executive brings more than 20 years of global experience to head up technology at Addepar
Addepar, a leading technology platform for wealth management, announced that Ruchir Swarup has joined the company as Chief Technology Officer. Swarup joins Addepar after serving for 19 years as Managing Director at BlackRock, the world’s largest asset manager, where he was responsible for strategy, design, and development of Post Trade capabilities of the firm’s flagship Aladdin platform, used globally by BlackRock and Aladdin clients. He was also a member of BlackRock’s Global Operating Committee.
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At Addepar, Swarup will head up all technology teams, including data engineering, platform and product engineering. He will further accelerate the company’s research and development across the Addepar platform, and will spearhead the development of future products that will elevate the experience and results for the full range of wealth and investment managers.
Addepar currently manages data for nearly $2 trillion in assets on the platform and serves more than 400 family offices, RIAs and banks. Thousands of advisors use Addepar to run their business and deliver top-notch client outcomes. Addepar’s platform processes millions of accounts and transactions each day, and integrates natively with a wide range of best-in-class systems using its open platform architecture.
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“Ruchir is a brilliant technologist and visionary leader with outlier talents in building innovative, scalable and secure technology products and platforms in financial services,” said CEO Eric Poirier. “Addepar continues to meaningfully expand the power and value of our platform and products, and we sought a leader to take our technology team and stack far into the future. Ruchir’s incredible technical capabilities and decades of knowledge and experience in skillfully leading teams at Wall Street’s most respected financial institutions will help us accelerate the transformation we deliver to our clients. We share a passion and mission for leveling up this industry so that our clients can make more confident and data-driven investments and efficiently allocate capital at scale.”
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