his is the second year of our Women in
Wealth Tech recognition program. In this coverage, we highlight the news and views of 15 female
leaders working in wealth-management technology and innovation in financial services.
While last year’s list was certainly impressive, our aim is
to bring attention to the depth and breadth of the Women in
Wealth Tech bench, and thus there are no repeat winners this year.
That said, some of the 2019 honorees can (and likely will) be nominated for the 2020 IA25 list to be showcased in our May issue.
This year’s Women in Wealth Tech coverage features female
leaders with incredibly diverse backgrounds. Prudential
Financial’s Chief Information Officer Stacey Goodman, for
instance, used to be the CIO of Freddie Mac. Goodman also
worked for CIT, Bank of America, UBS and Salomon Brothers,
as well as serving on the Treasury Department’s Office of
Financial Research Advisory Committee. (She replaced outgoing Pru CIO Barbara Koster.)
Meanwhile, Morgan Stanley Wealth Management’s cyber-
security chief Rachel Wilson spent nearly 15 years as a senior
executive at the National Security Agency. And Teri Shepherd,
We asked each honoree to describe their latest achievements
and how they envision more women entering Wealth Tech. As
Salit Nagy-Todd of Raymond James explained, “We [all] need
to take some personal responsibility to discuss the fact that
there is room for women in tech.”
Nagy-Todd adds that once, when she met the daughter of
a colleague and explained that she works in technology, the
child responded, “I didn’t know there were so many senior
women in tech.”
A poll of nearly 50 fintech companies conducted by event
producer LendIt in 2018 found that the average percentage of
women employed at these firms was 37%, while the figure of
women in the C-Suite was only 19%. Plus, the department with
the most female talent was marketing; engineer/product had
the least female talent.
“We need to change that narrative by making ourselves visible. We all aspire to and want to emulate what we see. The
more women are highlighted, the more the next generation
will have role models to look up to,” said Nagy-Todd.
Wea lth Tech
BY JANET LEVAUX