Rob Hegarty
Managing Director
TowerGroup
Rob Hegarty is Managing Director for two of TowerGroup's practice areas. The first is Securities & Investments, which is the umbrella for three service areas: Securities & Capital Markets, Investment Management, and Brokerage & Wealth Management. This group focuses on technology trends and strategies in the brokerage, capital markets, investing, wealth management, and asset management industries. Rob also has responsibility for TowerGroup's Insurance practice, which focuses on technology trends and strategies in the life and annuity industry as well as the property and casualty industry.
Rob has over 20 years of experience in the financial services technology industry. Before joining TowerGroup in 1999, he was vice president of trading systems at Putnam Investments in Boston. Prior to Putnam, he was with Fidelity Investments in Boston for eight years. As vice president of technology for the institutional broker-dealer arm of Fidelity Investments, Fidelity Capital Markets, he had overall responsibility for technology in this $300 million company. His responsibilities included strategic technology planning, business analysis, project management, trading floor support, market data, and telecommunications. He also had overall technology responsibility for building FCM's 230-position trading floor as well as managing the technology integration for acquisitions FCM was undertaking. Earlier, he held positions in product development for electronic trading and in technology consulting to the many internal companies at Fidelity. Previously, he was division vice president at Drexel Burnham Lambert in New York and was with the IT management consulting division of Coopers & Lybrand's Boston office.
In 2002, Rob was elected to membership of the Advisory Board of Institutional Investors' US Institute, a group composed of CEOs and leaders of more than 50 major asset management firms. He was a member of the Financial Information Exchange (FIX) Executive Committee from 1994 until 1999, first on the sell side representing Fidelity Capital Markets and then on the buy side representing Putnam Investments. He also serves on many other industry boards.
Quoted frequently by publications such as The Wall Street Journal, Barron's, Business Week, Forbes, Institutional Investor, Wall Street & Technology, Securities Industry News, and Global Investment Technology, Rob has been a featured speaker at dozens of industry conferences and has appeared on CNBC-TV (U.S. and Europe), ABC-TV, and Bloomberg-TV.