Olmstead Blog

Olmstead Associates continues to strategically invest in operational transformation talent with the addition of Michael DiScipio to our leadership team. He brings over 25 years’ experience and perspectives accumulated at Accenture, Beacon Consulting Group, Eagle Investment Systems, and Brown Brothers Harriman. 

Neal Chansky, who joined last year to drive the Olmstead’s Operational Transformation strategy, commented “we are very excited to add one of the industry’s best thought leaders and practitioners of operational change to our team of over 30 consultants.” Michael has led some of the investment management industry’s more prominent operations initiatives, including evolving operating models through middle office outsourcing and large accounting system evaluations and implementations. 

Olmstead views the imperative to evolve operating models as one of the defining industry issues of the day. As asset managers have leaned on their operations and technology groups to help enable their growth strategies and find new profitability models, Olmstead has matured our Operational Transformation Toolkit in support of these goals and mandates. Right-sizing our services for our clients’ unique needs, over the past 18 months Olmstead has successfully:

• planned and executed middle and back office outsourcing strategies
• led fund accounting and custody conversions
• delivered strategic client and investment data solutions
• implemented leading accounting systems
• stood up data governance programs
• addressed regulatory challenges including SEC Modernization and MiFID2
• delivered on-point solutions such as performance measurement/attribution, client reporting, and sales enablement platforms.

DiScipio noted, “I was attracted to Olmstead’s data-centric approach to help address the large operational challenges our clients are facing. Together, we recognize that a right-sized approach will help deliver both incremental value and a strategic platform for growth.”