Earlier, I discussed the reasons for why endowments and foundations are increasing investments in IT. Today, I would like to speak specifically discuss how IT can be used to improve your portfolio’s return profile. I have seen endowments and foundations do this one of many ways.
The technology landscape in traditional endowments, foundations and family offices is changing! From running servers under desks to running servers in the cloud. From running multiple vendor-sourced client server application that performed a single function each, to demanding custom-built, end-end systems that leverage current investments while making the end-user experience seamless and rich. And this change has happened over a relatively short duration of time – in the past 2-3 years!