On International Women’s Day, we thank our team members and colleagues for their leadership and partnership with Monticello to support the movement for women’s rights. We fondly think back to our inaugural NYC End-of-Summer networking event held in 2018, where our guest speaker and good friend, Katrina Dudley CFA, portfolio manager of Franklin Templeton Mutual Series, shared strategies on how we can all support and further advance the careers of women on Wall Street.
100 Women in Finance - OCIO Event: Opportunities and Implications from the Growth of Outsourced Chief Investment Officers
Monticello truly enjoyed the engaging discussion on Outsourced Chief Investment Officers (OCIO) hosted by 100 Women in Finance. The panelists dove into both the opportunities as well as implications from growth in the OCIO market, which the panel estimated having a CAGR of 33% over the last decade, 11% expected 5-year CAGR on a go forward basis, with current AUM of $1.6 trillion. This massive growth has been driven by both fee compression in the industry and an increased demand for a higher level of fiduciary oversight of portfolios managed by institutional investors, endowments, foundations, and corporations.
Monticello & CVMSDC Supports the Foodbank of Southeastern Virginia and the Eastern Shore
Alongside the CVMSDC (Carolinas-Virginia Minority Supplier Development Council), Monticello Consulting Group supports the Foodbank of Southeastern Virginia and the Eastern Shore. This organization gives back to the community, fighting hunger and supporting neighbors in need – we thank you for all the assistance you provide locally!
Monticello Colleagues & Clients Gather After Work to Say "Thanks!"
Monticello was pleased to host a gathering of our global banking clients, consultants, and industry partners after work in New York City, enjoying engaging conversation alongside delicious Greek food and traditional beverages. As the start of 2019 has been fast-paced and filled with growth for Monticello, we thank all our clients for the opportunity to serve their business needs and remain leaders in the financial services marketplace. Thank you to everyone who joined the festivities this week!
Scrum Master Team Training
Monticello team members attended Scrum Alliance Certified ScrumMaster ® (CSM) training to gain a stronger understanding of the mindset and roles of Scrum and to learn how to instill an agile philosophy. Our consultants are focused on growing and expanding their professional toolsets to improve client delivery; we look forward to applying these agile methods on current and future projects!
Monticello Attends “Sustainable Investing Forum: ESG, Viewed by the Ratings Agencies”
The CFA Society New York hosted the “Sustainable Investing Forum: ESG, Viewed by the Ratings Agencies”, which Monticello was pleased to attend. Leaders from Fitch, Moody’s and S&P shared their thoughts on how ESG factors impact credit ratings across regions and sectors. While Environmental, Social, and Governance criteria do not solely create a creditor’s overall firm rating, there are impacts on credit quality, with Governance being the most important factor impacting credit risk.
Bloomberg’s "Women Who Lead & Influence" Event in NYC
Monticello attended this week’s “Women Who Lead & Influence” event, hosted by Bloomberg in NYC. During this panel discussion, the importance of diversity was highlighted, including its influence on executive decision-making and positive impacts to corporate earnings. Influential women in finance shared their professional journeys and perspectives on leadership, governance, progress, and the road ahead. One message was clear: mentorship and leadership go hand-in-hand with expanding diversity and inclusion on Wall Street, increasing opportunities for women and minorities alike.
New York MBA Interview Forum- February 2019
Monticello was pleased to participate in the New York MBA Interview Forum, having the opportunity to speak with students from the Tuck School of Business at Dartmouth, University of Virginia Darden School of Business, Duke University – the Fuqua School of Business, and Cornell SC Johnson College of Business. We appreciated the opportunity to meet with so many interested and worthy candidates, thank you all who interviewed with us!
February Team Social Event in NYC
Our NYC team had another winter social, with a group of our members catching up over appetizers, drinks, and enjoyable conversation. With this cold weather, we’re always happy reconnect after work at a warm pub! We look forward to the next team social – thanks to all of you who could join us.
Top Compliance Trends for Global Funds in 2019 – HFM & NASDAQ Webinar
Monticello joined a timely discussion hosted by HFM & NASDAQ on the top compliance trends for global hedge funds in 2019. While MiFID II implementation and preparing for Brexit are certainly at the forefront of most asset managers’ minds today, the Senior Manager Regime, set in place by the FCA (UK’s regulatory body) and the analysis of AI/machine learning are also on the list of hot topics.
Winter Hedge Fund Conference Week in Miami
Monticello was pleased to join our friends and colleagues in financial services for the annual winter Hedge Fund Conference Week in Miami. Thousands of professionals in the alternative investment industry gathered for exciting networking opportunities and thought-provoking discussions on the state of the market, while enjoying key industry events in South Beach together!
ISDA Derivative Conference in NYC
Monticello team members joined this week’s ISDA Conference in NYC on the Fundamentals of Derivatives, covering derivative products, central clearing, interest rate swaps, and derivatives documentation. We are always looking to grow our knowledge base in the financial services industry and are committed to investing in the continuous education of our consultants!
Front row seating for our team!
ESG Perspectives from Darden School of Business
Monticello team members participated in Darden’s ESG Investing Conference call with professors Mary Margaret Frank and Pedro Matas. Recent data shows that European investors are leading the charge in Environmental, Social and Governance focused investing (ESG), with Millennials globally having the greatest interest in sustainable investing vs. the general population. While ESG is certainly gaining more attention from capital allocators across various market segments, Darden tags the ESG space as being in the “Wild Wild West” era. Monticello agrees that today we are still in the early stages of this differentiated investing approach.
Recruiting at University of Virginia’s Job Fair
Monticello Consulting Group’s management team attended the University of Virginia’s Job & Internship Fair this week, where we were pleased to meet with many impressive students. Campus recruiting is a valuable segment of our overall recruiting strategy and we appreciate the opportunity to have conversations with these UVA future graduates!
Martin Luther King Jr. Day – Monticello Celebrates a Civil Rights Leader
On Martin Luther King Jr. Day, Monticello honors the life, legacy and monumental impact the Civil Rights Leader made on society. As a minority-owned business, we are grateful for the path-blazers who came before us and we strive to continue their work by promoting inclusiveness, diversity, and equality in society as well as the workplace. Today we celebrate our differences and our commonalities!
January Team Social Event!
This week, the NYC office enjoyed gathering with teammates after work for appetizers, drinks and college sports. It was nice to hear how everyone spent their holidays and it was equally exciting to learn about new projects as the team gears up for the many new initiatives on tap for 2019! We look forward to the next team social – thanks to all of you who could join us.
Monticello at Darden’s Recent Fintech Conference
Monticello recently attended the Darden Ideas to Action Leader Series event ‘Fintech: Strategic Challenges and Opportunities’ hosted by UVA Darden Executive Education. Professor Yiorgos Allayannis, Professor Bobby Parmar, and a Fintech venture capital executive facilitated case studies, presentations, and group discussions on key challenges and opportunities facing companies in the rapidly evolving Fintech space. Monticello believes in the growth potential for Fintech and is actively working with our clients to integrate sustainable and impactful Fintech solutions into their business.
RegTek Software Training at Monticello's Headquarters
Last night, RegTek's CEO, Brian Lynch, visited Monticello’s headquarters in NYC to introduce its software solutions and capabilities to our consultants. As a firm, we’re always looking for innovative fintech solutions to add to our client offerings, and to increase the efficiency and quality of clients’ regulatory reporting needs. RegTek is a market-leading regulatory reporting technology provider covering validation and eligibility for reconciliations and submissions. Its unique, modular architecture allows for flexibility, as swap-dealers need to change and update their controls to ensure accuracy as regulatory requirements evolve. We see great potential for this compelling platform and our team will continue to learn more as we ramp up support for Consolidated Audit Trail (CAT), Securities Financing Transactions Regulation (SFTR), and the next wave of reporting regulations for our banking clients.
Merry Christmas from all of us at Monticello!
Monticello Consulting Group would like to wish all of our colleagues, clients, and team members a Merry Christmas and a happy holiday season filled with family, friends, and joy!
Monticello’s 2018 Holiday Toy Drive with the High Water Women & Children’s Village
Monticello is delighted to see our firm come together again this holiday season for a great cause. Our team coordinated with the High Water Women, in partnership with the Children’s Village, for the 2018 Holiday Toy Drive. We love giving back to our community, especially during this time of year, and are grateful to all our partners at these two amazing organizations for the opportunity to get involved!
