Xtiva Co-Founder Rejoins Team As Solutions Architect

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The company continues to expand team to accommodate growing demands

Xtiva Financial Systems, the leading provider of enterprise-wide business and technology solutions for the financial services industry, announced today that co-founder James Iacabucci has re-joined the Management Team.

In addition to his years of experience helping to build Xtiva’s original product solution set, Mr. Iacabucci brings a tremendous amount of software development and information technology experience with him to the Company. As Xtiva’s Solutions Architect, Mr. Iacabucci is responsible for providing and deploying technical architectures that add value to Xtiva solutions, analyzing new technologies to address key market opportunities, and working across all levels of the Xtiva organization to translate market requirements into profitable market-leading solutions. Mr. Iacabucci has been a member of the Board of Directors for Xtiva Financial Systems since its inception. Most recently, Mr. Iacabucci was COO of BroadwebAsia, a social media firm started by MySpace founder Brad Greenspan that focused on building a large network of social network, online video and advertising Internet companies through acquisitions and strategic partnerships.

“James has been recognized as a technology leader in the industry and it’s thrilling to have someone of his caliber back on the team,” said Thomas Moysak, Chief Executive Officer. “James will help to strengthen Xtiva’s foothold in the industry and is a great asset to Xtiva clients and our employees. What a tremendous statement it makes to say that the co-founder believes so much in what we are building to come back and help us get to the next level.”

Xtiva provides the first industry-integrated approach to truly integrated compensation management, sales performance measurement, institutional client performance management and business policy management. Xtiva’s offering supports today’s needs for a managed solution in meeting a wide range of business, operations, finance, and technology needs. Xtiva provides clients with the tools they need to drive their businesses forward by enabling clients to:
+    Improve the quality and focus of reporting across the enterprise
+    Reduce total cost of ownership of advanced enterprise reporting solutions
+    Manage revenue and expenses more effectively
+    Bridge gaps between regulatory and financial reporting

About Xtiva Financial Systems
Xtiva Financial Systems is a leading provider of hosted solutions for the brokerage industry. Founded in 1998 and based in New York City, Xtiva has developed state-of-the-art technologies that enable retail and institutional broker/dealers to streamline operations, from sales compensation and production reporting to supervision of advisor licensing and compliance issues. With over 90 clients and key industry alliances, Xtiva is the leading provider of sales compensation solutions to the brokerage industry. Xtiva’s clients include Ameriprise, AXA Advisors, MetLife, Mutual of Omaha Investor Services, New England Securities, RBC Wealth Management, Northern Trust, UBS, and Walnut Street Securities. For more information about Xtiva, visit http://www.xtiva.com.

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William Lieberman
Xtiva Financial Systems
(646) 747-4137
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