Transforming the Future: TSAM New York 2024 Sets New Benchmarks for Asset Management

The 21st Annual Summit for Asset Management (TSAM) New York proved to be the defining event of the year, uniting?700 industry leaders?at the heart of Manhattan. Against the backdrop of Times Square, TSAM New York delivered more than just thought leadership—it redefined how asset managers are preparing for the future in an era of rapid transformation, technological innovation, and regulatory complexity.

Key Takeaways to Future-Proof Your Strategy

A Day of Innovation, Insights, and Actionable Strategies

With?over 45 hours of content?delivered across six focused streams, TSAM New York 2024 provided attendees with actionable strategies to face today’s challenges and capitalize on tomorrow’s opportunities. This year’s summit demonstrated that asset managers who embrace transformation, technology, and data will be best positioned for growth.

"...Many relevant vendors. Big agenda." – CIO at VanEck.

Keynote Insights: Pioneering the Path Forward

The keynotes at TSAM New York were not just discussions—they were calls to action, urging asset managers to adapt to today’s technology-driven world while keeping an eye on the long-term horizon. The future isn't arriving gradually; it’s already here.

• "Prepare Your Organization for AI and Data-Driven Innovation: The Crucial Role of Data Operating Model". Olga Sudvarg , Global Head of Strategy & Delivery & COO (Data), Invesco US , kicked off the day by making it clear: a solid data operating model is the foundation of any successful AI strategy. Without it, firms risk falling behind in a world where data is no longer just an asset but a competitive necessity.
• "Navigating AI: How Manulife is Unleashing the Possibilities". Robi Krempus , Global Head of AI at Manulife Investment Management , showcased how one of the largest asset managers is harnessing the power of AI not just to optimize operations, but to reimagine client engagement and decision-making. The future of AI is about unlocking possibilities, not just efficiency.
• "The Next Decade of Investment Management – What to Expect in 2035". Michael Burns , Senior Partner at Alpha FMC , delivered a powerful vision of where asset management is headed. From technological advancements to regulatory changes, his keynote was a blueprint for firms seeking to stay ahead of the curve in a rapidly evolving industry.

In-Depth Stream Highlights

"Great event to keep up to date with latest industry developments" – Managing Director at BlackRock.

1. Investment Operations & Data: Unlocking Growth through Precision. Chaired by Lisa Masten , Principal, Cutter Associates .

As the backbone of any asset management firm, operational efficiency and data optimization are non-negotiable. The?Investment Operations & Data Stream?offered solutions to some of the biggest challenges firms face today—turning operational data into growth opportunities while maintaining a sharp focus on risk and compliance.

Key session takeaways:

• "Operational Alpha: Building a Rigorous ODD Framework". Top leaders discussed how a rigorous Operational Due Diligence (ODD) framework can fuel business growth, ensure compliance, and drive efficiency. Firms that prioritize operational resilience will find themselves best positioned to navigate future disruptions.
• "Unlocking the Value Behind Data". This session spotlighted how optimized data ecosystems can directly contribute to revenue growth, making data not just a support function, but a critical driver of strategic value.

2. Technology & Automation: Transforming with AI and Automation. Chaired by David Teten , Partner, Coolwater Capital .

As AI moves from a buzzword to a business imperative, the?Technology & Automation Stream?provided critical insights on how asset managers can integrate AI and automation at scale to enhance decision-making and drive efficiency.

Key session takeaways:

• "Optimizing Processes Through Digital-First Mindsets". Industry experts discussed how digital-first strategies are minimizing operational errors and driving cost efficiency across firms. Successful firms are those that embed automation into their DNA from day one.
• "Decoding AI: Unraveling Misconceptions, Gen AI, and the Evolution of Technology". AI isn’t just transforming processes; it’s rewriting the rulebook for asset management. This session examined how AI is being leveraged to reimagine everything from portfolio management to client services.

3. Regulation & Compliance: Compliance as a Competitive Advantage. Chaired by Anna Povinelli, Independent Consultant.

"It was a great event, well organized and the topics covered were relevant to the industry." – City National Rochdale.

In an era of increasing regulation, staying compliant isn’t just about risk mitigation—it’s about positioning your firm as a leader in the industry. The?Regulation & Compliance Stream?provided the latest strategies to turn regulatory obligations into operational advantages.

Key session takeaways:

• "Adapting to Evolving Compliance Requirements". Leaders explored how to manage multi-jurisdictional regulations with confidence, ensuring compliance without slowing down operational efficiency.
• "Investing in Compliance: Maximizing ROI Amidst Increasing Regulatory Demands". Compliance isn’t a cost—it’s an investment. Industry experts showed how integrating compliance into core business strategies can maximize ROI and drive long-term growth.

4. Performance & Risk Stream: Navigating Uncertainty and Maximizing Returns.

"I really enjoyed the entire Risk and Compliance offering. The technology content was relevant for the changing times." – RBC.

In an increasingly complex market environment, managing risk while driving performance has never been more challenging. The?Performance & Risk Stream?addressed how asset managers can integrate cutting-edge risk management techniques with performance-driven strategies to thrive in uncertain times.

Key session takeaways:

• "Establishing Risk and Governance Infrastructure Around AI-Driven Activities". Experts explored how firms can establish robust risk governance frameworks for AI-driven activities. This session emphasized how to leverage AI's potential for revenue generation while ensuring adequate safeguards.
• "Thriving in a Fragmented Context: Adjusting to an Evolving Risk Profession". Discussions focused on how risk professionals must adapt to a fragmented market context, employing new performance metrics and adjusting to the rapidly changing global economic landscape.

5. Change & Transformation: Thriving Amid Disruption. Chaired by Gavin Little-Gill , Go to Market Strategy & Execution, Enfusion .

"It was a great event, very well organized, great speakers and good vendor coverage." – Director at BlackRock.

In an industry that is constantly evolving, transformation is the key to staying relevant. The?Change & Transformation Stream?offered solutions to help firms embrace digital and organizational transformation without compromising operational continuity.

Key session takeaways:

• "Transforming Efficiency & Performance to Generate Alpha". Leaders discussed how blending the human touch with technology is not only increasing efficiency but also generating alpha—offering firms the opportunity to outperform in volatile markets.
• "Balancing Operational Continuity and Transformation Disruption". Balancing innovation with stability is key to long-term success. Panelists shared strategies for undergoing digital transformation while maintaining business-as-usual performance.

6. Marketing & Client Services: Redefining Client Relationships in a Digital Era. Chaired by Patrick McKenna , Chief Commercial Officer, Kurtosys .

"All [sessions] were useful! The best are the ones that offer specific, tactical advice/suggestions." – Head of Client Experience at Altrinsic Global Advisors.

Client expectations are higher than ever, and firms must deliver personalized, data-driven engagement to stay competitive. The?Marketing & Client Services Stream?explored how asset managers can enhance client relationships and drive growth using advanced technologies.

Key session takeaways:

• "Elevating Client Experience: Tools Revolutionizing the Client Lifecycle". AI and NLP are redefining client segmentation and engagement. This session explored how firms can use these tools to enhance the entire client lifecycle.
• "Strategic Alignment: Unifying Sales and Marketing Goals". Aligning sales and marketing isn’t just a trend—it’s a necessity. Panelists explored how unified goals lead to better client outcomes, more robust forecasting, and sustained growth.

A Powerhouse Gathering: Industry Leaders from Firms of All Sizes and AUM at TSAM New York 2024

TSAM New York 2024 brought together the?brightest minds and most influential leaders?in asset management, representing firms ranging from?trillion-dollar giants?to?agile, innovative organizations. The event delivered a rich tapestry of ideas, solutions, and strategies, offering unparalleled opportunities to connect, learn, and shape the future of the industry.

We arranged and delivered nearly?175 1-2-1 meetings, connecting our captive buy-side audience with some of the best tech and solution innovators in the industry.

TSAM New York 2024 drew a dynamic buy-side audience, featuring key decision-makers and influencers from top global asset management firms.?25%?of attendees held?C-suite?roles, including?COO,?CCO, and?CRO, focusing on tackling industry challenges.?40%?were?Directors?and?Vice Presidents, driving strategic execution and innovation, while the remaining?35%?were?Senior Managers,?Analysts, and?Advisors, bringing expertise in areas like risk management, operations, and client services. This blend of seniority ensured robust discussions on the future of asset management.

Among the top firms present were?BlackRock?with?$9 trillion AUM,?Vanguard?at?$7 trillion,?PGIM?at?$1.4 trillion, and?Lazard?with?$225 billion, representing the industry's largest players. Their executives led discussions on?regulatory strategy,?digital transformation, and?compliance resilience.

The event also welcomed a strong representation from mid-sized and boutique firms, showcasing the?agility?and?innovation?smaller firms bring to the sector, with companies like?Pzena Investment Management?and?Cohen & Steers sharing insights on?data strategy,?client engagement, and?operational efficiency.

Diverse Roles and Functional Areas:

Our buy-side audience spanned a wide variety of roles and departments, bringing a broad range of perspectives to the event:

• Data Governance & Technology:?Leaders in data management from firms like?Morgan Stanley?and?Macquarie?emphasized the growing importance of data strategies in driving operational efficiency and decision-making.
• Compliance & Risk Management:?Compliance professionals from?Neuberger Berman,?Invesco, and?T. Rowe Price?discussed strategies to stay ahead of evolving regulatory demands while managing operational risks.
• Marketing & Client Services:?Heads of marketing from?Apollo Global Management?and?Janus Henderson were among those who explored how to leverage digital tools to enhance client engagement and deliver personalized experiences.

Why Industry Leaders Chose TSAM New York 2024

The Summit for Asset Management (TSAM) New York has firmly established itself as a must-attend event for buy-side professionals, and this year was no exception. Here’s why senior leaders from the world’s largest asset management firms made the decision to attend the summit:

Strategic Insight for Navigating a Complex Landscape

With rapidly evolving market conditions, regulatory pressures, and technological advancements, industry executives need real-time insights to make informed strategic decisions. TSAM New York’s agenda featured?cutting-edge discussions on AI, data-driven innovation, and compliance, helping senior leaders stay ahead in an increasingly competitive industry. Leaders from?BlackRock,?Ares Management, and?Vanguard?attended specifically to engage with these crucial discussions.

Comprehensive Coverage Across Key Functions

TSAM New York provided a holistic view of the asset management industry, covering every aspect from?Investment Operations?and?Technology?to?Risk Management?and?Marketing & Client Services. Executives from?AllianceBernstein,?Morgan Stanley, and?Lazard Asset Management?valued the opportunity to learn how to align their operational, technological, and marketing strategies in one cohesive environment.

Networking with Peers and Solution Innovators

With nearly?175 1-2-1 meetings?arranged, TSAM New York was the perfect platform for senior leaders to meet with key partners and explore new technologies. The event offered a unique blend of content and connections, which is why?Chief Compliance Officers,?COOs, and?Heads of Technology?from firms like?Pzena Investment Management,?Apollo Global Management, and?Janus Henderson?chose to attend. The event's exclusive networking opportunities, including the Envestnet Drinks Reception, allowed them to forge relationships that would drive their firms forward.

Preparing for the Future: The Next Decade of Asset Management

As the industry shifts towards data-driven decision-making and regulatory compliance becomes more complex, asset managers are seeking guidance on how to future-proof their organizations. The keynote session,?"The Next Decade of Investment Management - What to Expect in 2035"?by Michael Burns ?of Alpha FMC , our Diamond Sponsor, resonated with leaders eager to understand how to navigate the future landscape of asset management. Firms like?T. Rowe Price?and?Nuveen?sent their technology and data leaders to gain actionable insights into the future of the industry.

Operational Excellence and Risk Management

Executives from firms like?Invesco,?Neuberger Berman, and?IFM Investors?chose TSAM New York for its focused content on?Operational Alpha?and?Risk Governance. These firms are facing increasing demands to optimize operations while managing risk and maintaining compliance in a volatile market. TSAM New York delivered solutions through sessions such as?"Operational Alpha: Building a Rigorous ODD Framework"and?"Establishing Risk and Governance Infrastructure Around AI-Driven Activities"—providing the right tools and insights to ensure long-term success.

Looking Ahead

As TSAM New York 2024 concludes, the discussions, insights, and connections forged at this event will continue to shape the asset management industry. With?700 attendees, this event solidified TSAM’s status as the premier platform for leaders focused on innovation, operational excellence, and business growth.

Thank you to all the speakers, sponsors, and attendees who made TSAM New York 2024 an unforgettable success. We look forward to welcoming you back next year to continue shaping the future of asset management.

Get Ready for TSAM New York 2025!

As we look ahead, we're already gearing up for another stellar event next year. TSAM New York 2025 will build on this year’s success with more cutting-edge content, influential speakers, and valuable networking opportunities.

• Pre-Register Now:?Don’t miss your chance to be part of next year’s event.?Pre-register for TSAM New York 2025?to secure your spot early and receive event updates.

Become a Sponsor: Highlight Your Brand Among Industry Leaders

TSAM New York attracts top-tier asset managers, technology innovators, and service providers. If you're interested in showcasing your solutions to key decision-makers, now is the time to act.?Explore sponsorship opportunities?to position your brand front and center at next year’s event by contacting Kieran Oliver at [email protected].

Speaking Opportunities: Share Your Expertise

Are you a thought leader in asset management with insights to share??Apply for a speaking opportunity?at TSAM New York 2025 and take the stage alongside some of the biggest names in the industry by contacting Ana Luiza Olanescu (アナ オーラネスク) at [email protected].

Stay ahead of the curve, connect with peers, and drive the future of asset management at?TSAM New York 2025!

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