People, Process, and Technology: The Winning Formula to Execute the Next-Gen Wealth Management Product at Northern Trust

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6:00 PM UTC on Thursday, Apr 06, 2023

People, Process, and Technology: The Winning Formula to Execute the Next-Gen Wealth Management Product at Northern Trust

People, Process, and Technology: The Winning Formula to Execute the Next-Gen Wealth Management Product at Northern Trust

Apr 6, 2023

In this episode

Years ago, when Northern Trust built desktop and mobile applications to support conversations between important clients and their advisors, it was seen as innovative. But since then, competitors have caught up, and clients’ expectations around these interactions have changed.

However, monolithic architecture and aging technologies made it difficult to adapt to this new landscape. Northern Trust knew it needed to rewrite its existing software and create a new, streamlined web application. But its existing consultancy firms couldn’t manage the transformation, and yet another consultancy wasn’t able to deliver a solution.

As the expression goes, “Third time’s a charm,” and Northern Trust finally found the winning formula for its modernization approach. In this session, Subbarao Mandavilli, senior vice president of wealth management, talks about the people, process, and technology changes that allowed Northern Trust to build the working software to meet business needs.

Guests

Subbarao Mandavilli

Subbarao Mandavilli

Results-oriented leader with 23+ years of repeated accomplishments involving program management, technical advisory, client relationship, business development, delivery and operational excellence. Collaborative relationship builder, assimilating easily into client organizations in a multitude of industries to understand, simplify, and tackle highly complex issues. Consistent record of identifying and delivering business and digital transformation opportunities. Trusted business partner and advisor delivering business value to key stakeholders by designing and executing end-to-end strategic solutions suited to deliver results.

Hosts

DaShaun Carter

DaShaun Carter

DaShaun is a husband, father of four, volunteer, struggling athlete and Spring Developer Advocate at VMware Tanzu. Deliberately practicing to build, manage, and run, better software, faster.