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Choosing Right Tech, Data Privacy & Future Strategy

Family Wealth Report, April 11, 2019 - Family Wealth Report hosted its Fourth New York Family Office Fintech Summit on March 21, 2019. Pitcairn's Managing Director of Operations & Technology Stephanie Notarianni shared her insights on the panel focused on “Lessons Learned & Best Practices in Making a Business Case, Buying and Implementation.” 

“Notarianni pointed to the ‘opportunity costs’ that arise when firms delay or bypass technology upgrades. ‘Consider the cost of not making an upgrade,’ she said. She later urged the audience to over-estimate the time-frame for implementing a new technology to create wiggle room to deal with inevitable delays and hitches. Also, she said, while there will be difficult conversations with vendors at times, it’s best to avoid being antagonistic since you need to maintain a working relationship.” 

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About Pitcairn

Pitcairn is a true family office and leader in helping families navigate the challenges and opportunities created by the interplay of family and financial dynamics. Through Wealth Momentum®, an experience-based family office model, Pitcairn helps families achieve a more effective and complete experience. Since its inception, Pitcairn has partnered with some of the world’s wealthiest families to meet their needs and drive better outcomes – year to year, decade to decade, generation to generation. Today, Pitcairn is recognized as an innovator, guiding families through generational transitions and redefining the industry standard for family offices. The firm is located in Philadelphia, with offices in New York and Washington, DC and a network of resources around the world.