Dynamo Software appoints Gerald Lilly as CTO

BOSTON-(BUSINESS WIRE)–Dynamo Software, Inc.a leading provider of end-to-end cloud software solutions for the alternative investment management industry, today announced that Gerald Lily joined the company as Chief Technology Officer (CTO).

As CTO, Lilly will be a member of Dynamo’s leadership team and will be based in the United States at the company’s headquarters in Watertown, Mass. In this role, Lilly will lead the development of differentiated FinTech and related innovation. Dynamo’s cloud-based software platformas well as the company’s offerings for the global alternative investment ecosystem.

“The foundation of Dynamo’s success is based on providing market-leading alternative investment product capabilities through our development and engineering excellence,” said Dynamo’s CEO. Hank Boughner. “As we continue to expand our global customer footprint, we recognize the need for deeper expertise in building scalable, high-performance products. We warmly welcome Gerald to the Dynamo team. We will confidently rely on his strategic leadership and vision to further elevate our R&D, infrastructure and product innovation initiatives, alongside our much-appreciated global delivery to Dynamo customers.

“When recruiting for this leadership role, we were looking for a change agent who could help us scale Dynamo’s technical operations and also accelerate our innovation and differentiation in the alternative investment space,” explained Krassen Draganov, Founder and Chief Product Officer (CPO) of Dynamo. “Gerald more than meets those criteria, and we’re all thrilled to have him part of Dynamo’s next chapter.”

Prior to joining Dynamo, Lilly served as CTO at Charles River Development (CRD), a leading provider of an enterprise-level investment management platform. Since joining CRD in 2004 as a Principal Software Engineer, he has contributed to the commercial success of the platform, including working side-by-side with CRD’s founder and management team as they developed the company over the past decades. Lilly was a key member of the management team that contributed to Charles River’s market success with institutional clients, culminating in the acquisition of CRD by State Street in 2018 for $2.6 billion. During his 18 years at CRD, Lilly has led teams and led initiatives in all areas of software engineering. Prior to CRD, he held design and development roles at OneSource and Microsoft.

“Dynamo is on an aggressive growth trajectory, and I continue to be impressed with the accomplishments and disruptions its platform has brought to the FinTech space for alternative assets,” said Gerald Lilly. “Clearly, the company has strong business and technical expertise, fueled by teams that deliver rapid growth coupled with global customer success. I look forward to impacting Dynamo’s continued innovation and technical victories by joining this world-class team.

About Dynamo Software, Inc.
Dynamo Software’s mission is to be the leading end-to-end global cloud software platform for the alternatives ecosystem, serving the information sharing and analytical data needs of our constituents. Since 1998, the company has provided highly configurable, industry-tailored, cloud-based investment management, reporting and data management software solutions to the global alternative investment industry. Dynamo’s cloud-based solutions serve the private investment landscape, including private equity and venture capital funds, real estate investment firms, infrastructure, hedge funds, endowments, pensions , foundations, prime brokers, funds of funds, family offices and fund administrators. The Dynamo™ platform has improved productivity across the entire alternative ecosystem, including CRM, fundraising, transaction management, research management, investor servicing, portfolio management and compliance teams around the world. Dynamo has a global footprint with operations in North America, EMEA and APAC.

For more information, please visit www.DynamoSoftware.com.