Olmstead Associates Hosts CIO/CTO Leadership Roundtable

A group of investment management CIO/CTO’s gathered on September 22nd at a strategy and networking event hosted by Olmstead Associates in Boston. The attendees, representing more than $3.4 trillion in assets under management (AUM), assembled to discuss the top drivers influencing their business and technology priorities for 2017. After the roundtable discussion of industry drivers, business initiatives and technology priorities, the group was entertained by Professor Michael McCann on recent events related to sports and law. 

The roundtable discussion and pre-event survey, facilitated by Olmstead President Rob Hegarty, uncovered that product innovation, market expansion and operational efficiency are leading drivers for the buy-side heading into 2017. Hegarty stated, “The survey results and dialogue within the group revealed that product innovation and market expansion point to the strong drive for continued growth in the asset management industry. And while operational efficiency was not the top priority for any one firm, it was a key initiative for all participants, citing margin pressures on the industry and the need for continued optimization of operations through technology.”   

Among the many business priorities that participant firms agreed on, there was broad consensus that managing and mitigating risk, client enablement, and cybersecurity are at the top of the list of initiatives that these CIO’s/CTO’s are focusing on going into 2017.

The Olmstead Team would like to thank the attending CIOs and CTOs, as well as guest speaker Michael McCann, for an informative, productive and fun evening!