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Hearsay Accelerates Advisor Cloud Momentum with Key Leadership Hires

August 23, 2017

New executive appointments from Splunk, Adobe to head product, business development teams

SAN FRANCISCO, CA – August 23, 2017 – Hearsay, provider of Advisor Cloud solutions for the financial services industry, is extending its executive leadership team with two new appointments.

Gaurav Agarwal joins as vice president of product and Bill Rusitzky joins as vice president of business development. Both will focus on strengthening and expanding the Advisor Cloud ecosystem, delivering innovative, industry-specific solutions to help advisors become more efficient and stay relevant in today’s digital-first world.

Prior to his role as vice president of product at Hearsay, Agarwal led product management for Splunk’s flagship machine data products, including Splunk Enterprise and Splunk Cloud. As vice president of product at GoodData, he played a critical role in building out the company’s software-as-a-service (SaaS) analytics platform. Agarwal also served in product and engineering leadership positions at Microsoft and Teradata, and holds multiple patents.

“I’m thrilled to lead a world-class team that is committed to developing innovative products that are purpose-built for the financial services industry,” said Agarwal. “I look forward to leading and executing on the Advisor Cloud product vision and arming advisors with digital tools that help them acquire and service clients.”

As Hearsay’s vice president of business development, Rusitzky brings more than 20 years of experience in operational management and strategic partnerships; previous roles include global vice president of strategic alliances at Adobe and senior vice president of business development at Informatica. At Hearsay, Rusitzky is charged with strengthening and cultivating strategic partnerships that accelerate and expand the Advisor Cloud’s business value to customers.

“I’m excited to join Hearsay and be part of an incredible movement to transform the financial services industry,” said Rusitzky. “The company recognizes the urgency firms face in helping their advisors stay productive, and is making substantial investments in building collaborative, long-term partnerships that will be crucial to the industry’s success.”

“The rapid rise of mobile, social and digital has changed the way clients expect and want to engage with financial firms and their advisors, yet the industry lags far behind,” said Clara Shih, Hearsay founder and CEO. “Having Gaurav and Bill on our executive leadership team will be instrumental to our mission of enabling true digital transformation, and of laying the foundation for millions of financial advisors and insurance agents to build a successful future.”

ABOUT HEARSAY

Hearsay Systems offers leading Advisor Cloud solutions for financial services, empowering advisors to efficiently and compliantly use social media, websites, text and email to engage with customers, build stronger relationships and grow their business. Its prescriptive technology processes and prioritizes data from across digital channels and data systems, providing actionable suggestions for advisors on how they should engage with customers next. Built for the enterprise, Hearsay connects these advisor-client interactions and data to corporate CRM systems and digital marketing programs, and provides efficient compliance supervision and review workflows – all on a secure, enterprise-ready platform.

Hearsay is used by more than 150,000 advisors and agents at the world’s largest financial services and insurance firms. The company is headquartered in Silicon Valley with offices throughout North America, Europe and Asia. Connect on Facebook, Twitter, LinkedIn and the Hearsay blog.

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