FolioDynamix, the wealth management software provider, has appointed Robert Farrell to its board of directors.

Farrell is president and chief executive of Nasdaq-listed EDGAR Online, and has experience in global software sales and mergers and acquisitions, FolioDynamix said.

Before taking over at the helm of EDGAR, he was chairman and CEO of Metastorm, overseeing the growth of the firm as a start-up business to its eventual sale to Open Text, which is listed on the Nasdaq. He has also previously handled Mercator Software’s sales activities in the US, Canada, Mexico and South America.

“His insights will be valuable in helping us achieve the next level of growth, extending FolioDynamix’s leadership position in enterprise wealth management technology and further expanding our market presence,” said Joseph Mrak, president and CEO of the firm.