BERWYN, PA — Envestnet has named Bhaskar Peddhapati as Chief Technology Officer, a move aimed at advancing the company’s technology strategy and expanding its use of artificial intelligence across its wealth management platform.
Peddhapati will report to Chief Executive Officer Chris Todd and oversee technology, engineering, and information security. His responsibilities include accelerating Envestnet’s technical roadmap, strengthening its AI-driven systems, and scaling innovation across global teams.
“Bhaskar is an architect of systems, cultures, and transformation,” said Chris Todd, Chief Executive Officer of Envestnet. “His track record of building global technology platforms, empowering teams, and driving innovation through data and AI makes him the ideal CTO as we enter our next era of growth.”
A global technology and product executive with more than 25 years of experience, Peddhapati has led large teams in fintech, cloud strategy, and data platforms. Most recently, he served as Senior Vice President and Head of Mortgage Technology Solutions at Cotality (formerly CoreLogic), where he led modernization efforts across the company’s property data and analytics portfolio and advanced the use of AI within the mortgage and housing sector.
Before that, he spent more than a decade at NielsenIQ, where he helped transform the firm into a data-driven enterprise and oversaw the development of flagship platforms such as Answers-on-Demand and Connect, which serve global consumer goods manufacturers and retailers. Earlier in his career, he held senior roles at Wells Fargo, contributing to strategies that expanded access to wealth technology for clients.
“Envestnet is at an incredible inflection point – where technology, data, and AI are converging to redefine how advisors and institutions serve their clients,” said Peddhapati. “I’m excited by the opportunity to help accelerate that transformation – putting technology at the center of our business to create more value for our employees and our customers.”
Envestnet, headquartered in Berwyn, provides integrated technology and wealth management solutions to financial advisors, institutions, and enterprises worldwide. Peddhapati’s appointment underscores the company’s focus on innovation and its continued investment in technology leadership.
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