Mercatus is excited to welcome Matt Mulholland to our growing team as a program manager. Matt comes to us from Glenmede, where he was a Relationship Manager serving ultra high net worth clients. We recently sat down with him to learn more about his new role and what brought him to Mercatus.
What is your role at Mercatus?
I’m a Program Manager, and I hope to find creative solutions to best fit the needs of our clients and support their customizations and intricacies.
What is your career background / story?
I’ve spent my whole career in financial services, starting at Bank of America Merrill Lynch and moving to Glenmede as a Relationship Manager, where I served as an asset allocator and financial planner for over 20 ultra high net worth families.
In your past role(s) what are some unmet needs from private market investors around data management technology?
Working for a multifamily office, I was constantly pulling in data for public and private market securities from a plethora of different systems into bespoke Excel sheets. There was almost no standardization between relationships or managers. Investors need an easy way to quickly pull in data from multiple sources.
What excites you about Mercatus?
I was blown away when I was first shown the ModelSync technology that allows for robust scenario analysis. I also think that the partnership between State Street and Mercatus can allow for some really great complete solutions. It also helped that everyone I’ve met so far is super passionate and welcoming!
How do you see private market technology evolving over the next decade?
Tokenization and blockchain technology will greatly change the way private markets do business over the next 10 years. Transacting using smart contracts can allow for shorter settlements, increased transparency, and greater secondary market appeal.
What is your favorite / go-to Karaoke song?
I Believe in a Thing Called Love by The Darkness, which my wife and I sang at our wedding.