Klay Stack has overseen Marathon Asset Management's technology department for eight years. Marathon is a global distressed-credit manager with about $13 billion under management.
As a result of its niche focus, when it comes to new platforms, Marathon has had a strong build culture since its founding in 1998. Stack, speaking at this year's Buy-Side Technology North American Summit, said that while the firm still has a strong "build" preference, it is slowly exploring more avenues with third-par
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails