2023 Trend: Performance Teams Must Invest Now or Pay Later
Jon Chandler brings more than ten years of experience in the financial services industry to his Director's role at Cutter Associates. Prior to joining Cutter, Jon was a senior business analyst for State Street Global Advisors (SSGA), where he was involved in a number of projects for the front and middle office, including UAT design and execution for an order management system (Fidessa IMS), the implementation of a web-based due diligence platform (FundInsight), and an enterprise solution to support blended benchmarks. Prior to his project roles, Jon was a principal in fixed income trade operations at SSGA. He has extensive experience with post-trade operations and applications, such as OASYS/CTM, PORTIA, MBSExpert, and Failstation. Jon earned a bachelor of arts in history from the University of Florida and an MBA from Northeastern University.
Recent research assignments and publications include the following:
- Alternative Investment Systems
- Collateral Management
- Investment Accounting Solutions
- Order Management Systems
- Performance Measurement and Attribution Systems
- Reconciliation Solutions
- Risk Management Systems
Principal – Data and Performance
Lisa Masten has more than 20 years of experience in the investment management industry, leading projects and designing solutions in the areas of performance and attribution, data management, market data administration, portfolio analytics, and investment accounting. Lisa leads Cutter Associates’ Data and Performance practice, where she advises and designs operating models, selects systems, and implements business and technology solutions. She also organizes the Implementation practice for Cutter, including leading development of its adaptable delivery framework and project toolkit.
Prior to joining Cutter, Lisa was a Senior Manager at Invesco, where she managed a global team responsible for designing and implementing data, performance, and accounting solutions. She has held roles implementing and supporting processes and technology across the front, middle and back office at multiple asset management firms. Lisa holds a Bachelor of Arts in finance and computer science from North Central College in Illinois.
Director, Cutter Consulting
Julie Snogren joined Cutter in 2021 and bring extensive expertise in performance and attribution - from oversight, calculations, monitoring, and managing the regulatory environment to automation of reporting and customizing reports for complex portfolios. Her experience includes deep dives into investment approaches that explain manager decisions that drive investment results. She has worked with equity, fixed income, multi-asset investment, and alternative portfolios, providing a solid understanding of the fundamental drivers of returns across a range of markets.
Julie’s experience in various roles also involved substantial emphasis on independent research, and the creation of communication materials and presentations. In Julie’s most recent role as Vice President, Global Performance Measurement, at Brown Brothers Harriman, she led a team of analysts that supported the global client base for all performance and attribution needs. She worked on various products across the fund range, including 40 Act, ETFs, UCITS, institutional/separate accounts, and alternative portfolios. Her accomplishments in this role included initiating and leading RFPs, resulting in the implementation of SS&C’s Sylvan Application. Other successes in this role included product roadmap enhancements and efficiencies to the workflow that increased current client adoption of performance services from 14% to 40% and increased new client onboarding by 68%.
Prior to her role at Brown Brothers Harriman, Julie spent 12 years in various roles at Oppenheimer Funds, where she led the Performance Measurement team. She ran the production of alternative product financial statements, utilizing GAAP, FASB, GASB, and Insurance accounting standards inclusive of the audit coordination/completion. Julie also spent time in several analyst roles in fund accounting, which gave her the opportunity to be the lead on multiple high-profile projects, involving the creation of GIPS requirements, designing the accounting workflow for newly acquired institutional products, and the successful start-up of several commercial paper conduit portfolios.
Julie holds a bachelor of science in accounting from Columbia College and a Graduate Certificate of Advanced Study in Management from Northeastern University.