Masttro has appointed Andrew Peddar as Chief Operating Officer as the wealth technology company expands globally and reports 43% growth in annual recurring revenue over the past 18 months.
Peddar will oversee Masttro’s Data Operations and Client Experience teams, including global operations, onboarding, and client support. He will report to CEO Jay McNamara and work closely with the company’s team at its New York City headquarters.
The appointment comes amid broader expansion across Masttro’s business. Since the beginning of 2025, the company has increased its workforce by 20%, with employees now located across seven countries and serving customers in more than 40 markets.
Peddar brings more than 25 years of experience across financial technology, enterprise software, investment data, analytics, and reporting. He previously served as Group Chief Operating Officer of StatPro, where he led commercial, client-facing, and delivery operations across North America, Europe, and Asia-Pacific.
He later joined Broadridge Financial Solutions as Vice President and General Manager, overseeing a global financial technology business serving major financial institutions. Most recently, Peddar served as Chief Revenue Officer at Next Matter, an AI and data orchestration platform for asset and wealth managers.
At Masttro, Peddar will focus on strengthening coordination among data operations, onboarding, and client experience teams as the company scales. The company said his responsibilities will include improving operational efficiency and maintaining data reliability and service quality as customers manage increasingly complex portfolios.
Masttro has also been expanding its data connectivity and artificial intelligence capabilities. The company said its network now includes more than 750 direct custodial connections globally, while its platform tracks more than 300,000 alternative investments.
During the first nine months of 2026, clients submitted more than 32,000 requests to Masttro Intelligence Assistant. The company’s Documents AI and Alternatives AI products support document and alternative investment workflows across more than 10,000 funds.
Masttro also received ISO/IEC 27001:2022 certification in September 2026 as it continues investing in cybersecurity and data protection. Its platform is used by more than 400 single-family offices, multifamily offices, registered investment advisors, financial institutions, and professional services firms serving more than 10,000 end clients across 40 countries.
Headquartered in New York with offices in Zurich and Monterrey, Masttro provides technology for aggregating, analyzing, reporting, and managing complex wealth across different asset classes, currencies, jurisdictions, institutions, and ownership structures.
KEY QUOTES:
“As Masttro grows, it is critical that we ensure the quality of our data and the support our clients receive grows with it. It is also essential that our tools and support keep pace with our growth. Andrew has spent his career connecting technology, operations, and client service in complex financial software businesses. He will help us scale those functions together, so clients can rely on Masttro as their portfolios and reporting needs evolve.”
Jay McNamara, CEO Of Masttro
“For clients managing wealth across institutions, entities and asset classes, reliable data and responsive support are essential. My focus will be on building upon Masttro’s strong foundation, further strengthening how our teams work together to deliver the connectivity, reporting and support clients depend on every day.”
Andrew Peddar, Chief Operating Officer Of Masttro
