SYS-CON MEDIA Authors: Zakia Bouachraoui, Liz McMillan, Pat Romanski, Jason Bloomberg, Dana Gardner

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Collaborative Consulting Confirms Commitment To Financial Services Practice With New Hires

Collaborative Consulting today announced it has recruited three executives with extensive experience in the financial services industry. Joining Collaborative’s financial services team will be Gary Jones, who brings a long history of experience in the wealth management business; Sandeep Singh, with deep technical and domain experience in financial services; and Sean Dykhouse, a seasoned business development professional. All three most recently ran the wealth management practice for eBusinessware where they delivered IT service offerings to the asset management industry.

Sean Dykhouse (Photo: Business Wire)

Sean Dykhouse (Photo: Business Wire)

Combined with Collaborative Consulting’s recent acquisition of the SMART Consulting Firm last year, the additions further enhance Collaborative’s Managed Accounts practice. All three hires bring experience and skills that advance Collaborative’s financial services offering.

“By adding these three, very talented and experienced individuals, Collaborative will be gaining incomparable expertise and managed accounts consulting capability in the financial services field,” said William Robichaud, President and CEO of Collaborative Consulting.

Jones comes with over 25 years of experience in the Managed Solutions industry having spent a significant period of time as a part of the leadership team in Merrill Lynch’s Advisory solutions business. He currently supports the Money Management Institute (MMI) as a private consultant in its effort to bring greater efficiency to the managed solutions industry.

“We are excited to join one of the industry’s strongest IT consulting firms in financial services and look forward to what we can achieve together,” said Jones. “This week’s MMI Annual Convention is the perfect opportunity to introduce our new team,” he added.

Collaborative’s acquisition of SMART Consulting Firm in July 2012 boosted its expertise in business development, enterprise and project management in the capital markets industry. That practice is based in offices at 77 Water Street in Manhattan.

“Collaborative Consulting has made rapid strides in the financial services industry and Mr. Jones, Mr. Singh, and Mr. Dykhouse will be valuable assets in expanding our existing systems architecture and implementation capabilities,” said David Gardner, Senior Vice President of Collaborative Consulting.

The recruiting of these industry experts comes about a year after Collaborative broke new ground with its “onshoring” initiative and the hiring of over 70 new IT specialists, jobs that in the past would have gone offshore to facilities in places like India and China. The Collaborative Domestic Solutions Center (CDSC) in Wausau, Wisconsin recently celebrated its first anniversary focusing on onshore application development and testing and is on track to hire up to 200 IT experts within the next year or two.

The announcement today about the firm’s financial services practice comes only weeks after Collaborative announced a boost to its life sciences capabilities with the acquisition of the Maxiom Group. Maxiom provides pharmaceutical, biotechnology, medical device and healthcare technology consulting services.

The growth at the CDSC has resulted in significant new job creation at Collaborative Consulting’s Burlington, MA headquarters.

Collaborative is a leading management and IT consulting services organization with offices in New York, New Jersey, Pennsylvania, and Texas, dedicated to helping clients achieve business advantage through the use of technology. The company delivers a full complement of services across multiple industries with a specific emphasis on financial services and life sciences. Collaborative’s foundational service areas are Information Management, Application Development, Program Management, Software Performance Engineering, and Quality Assurance. They deliver these services through a combination of traditional consulting and the Collaborative Domestic Solution Center providing optimal value to clients. Collaborative was recently awarded a spot in Software Magazine’s Software 500, a ranking of the world’s largest software and service providers. Collaborative is headquartered in Burlington, Massachusetts.

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