Ross Carmichael has always lived by the old adage: “Don’t reinvent the wheel.” In his six years at Liontrust Asset Management, including two years as CTO, he and the firm’s senior management favored buying solutions off the shelf over building them from scratch—that is, until April 2022 when Liontrust acquired Majedie Asset Management.
During the acquisition, Carmichael looked across Majedie and Liontrust’s tech stack and spotted gaps. The combined firms needed two new bespoke solutions—a
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