Chairman's Message

The mood at ISITC is one of renewed enthusiasm as Q3 comes to a close and we enter the final few months of the year. This past quarter has been another exciting one fresh off the 2022 ISITC Fall Forum. As always, we were so grateful for the opportunity to gather in Baltimore September 11-13 for three days full of engaging conversations, networking and idea-sharing, and even a hands-on virtual reality demo from our partners at PwC.

I am always struck by the incredible energy and dedication that our attendees bring to the in-person events. As a volunteer organization, ISITC thrives on our members’ willingness to show up with thoughtful questions, roll up their sleeves, and dig into solutions to the challenges shared by our peers within the industry. This year was no exception.

The event was well-attended with both new and returning faces, including 12 first-time event attendees. Over the course of the three days, we tackled topics such as the Metaverse and its application within financial services, the road ahead as we strive to achieve T+1 settlement cycles, ESG through an investment management lens, and a fireside chat with experts from Reuters and Bloomberg veteran journalists around the economic and regulatory outlook from Washington.

Across the general sessions, experts were represented from Deloitte, DTCC, Investment Company Institute (ICI), MFS Investment Management, Morningstar Sustainalytics, Northern Trust, SIFMA, T. Rowe Price – not including the many others participating in our working groups and networking sessions. This year, PwC also hosted a hands-on Virtual Reality session, where attendees could take part in a VR experience in person during one of the breaks.  It was fascinating to see what a future metaverse world for our industry could look like!

Overall, it was a jammed-packed agenda filled with thoughtful, thought-provoking discussions. We are so appreciative of everyone who traveled to Baltimore to join us. We would like to extend a special thank you to our Diamond Partner sponsors –  DTCC, Refinitiv, and SWIFT – for their ongoing support, as well as PwC for serving as our event sponsor.

If you were not able to attend, there’s still an opportunity to meet up with ISITC before the end of the year. We will be hosting our 2022 ISITC Winter Forum in Fort Lauderdale from December 11-13. Just in time for a warm escape to Florida as the cold winter days arrive. I invite you to stay tuned for updates on our website, LinkedIn and Twitter as details are released in the coming weeks – or reach out to usainfo@isitc.org with any questions in the meantime. 

Finally, I would like to warmly welcome our two newest Board Members, Lyndon James from Citi and Paul Preisser from JP Morgan. We are thrilled to see the organization’s continued growth and expansion, and grateful for all of our members – whether they have just joined or have been with us from the very start. Thank you to everyone who has made this year an exceptional one so far. We can’t wait for the next few months ahead as we already enter the final phase of 2022.

Sincerely,
Kristin Hochstein
ISITC Chair