iCapital Network® Expands Data Security Leadership with Veteran Chief Information Security Officer
Senior security executive will expand upon Capital’s comprehensive information security and IT risk management program to support iCapital’s continued growth
NEW YORK–(BUSINESS WIRE)–iCapital Network1, the global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced Gary Owen will join iCapital as Chief Information Security Officer (CISO). In this role, Mr. Owen will expand upon iCapital’s comprehensive information security and technology risk program and lead cybersecurity operations, security monitoring, response, policy development, and governance to support the company’s continued global growth.
Mr. Owen will join iCapital from his most recent position as Chief Information Security Officer for Wells Fargo, where he led their global information security program, including identity and access management, security engineering, and cyber defense and monitoring. He will be based out of iCapital’s New York headquarters and lead an internationally expanding team focused on the safety and privacy of iCapital’s client information, reporting to Tom Fortin, iCapital’s Chief Information Officer.
“Being the industry leader in providing access to alternative investments requires more than innovative technology. Information security is our number one priority in this increasingly challenging environment,” said Tom Fortin, Chief Information Officer of iCapital Network. “Gary is a highly respected voice in information security and brings a depth of experience to the ever-evolving discipline of data and cybersecurity across platforms and markets. We are fortunate to have him join our leadership team.”
Mr. Owen brings an impressive track record and deep security and policy knowledge to the iCapital team. Prior to his role at Wells Fargo, he served in the CISO role at Warner Media (formerly Time Warner Inc.) with responsibility for global information security strategy, technology risk management, information protection, and compliance.
Mr. Owen has also held pivotal executive roles in information security with Promontory Financial Group, Goldman Sachs & Co., and Citigroup. He is a founding member of the Real Estate Cyber Consortium (RECC) and previous chairman and vice chairman of the Financial Services Information Sharing and Analysis Center (FS-ISAC). He actively works with various U.S. agencies on issues like critical infrastructure protection and information sharing. In addition, Mr. Owen is currently on the board of the FS-ISAC and ARC (Analysis and Resilience Center for Systemic Risk and the FSSCC (Financial Services Sector Coordinating Council) executive committee.
“Comprehensive, sophisticated information security defenses and capabilities are essential in allowing companies to deliver on their client commitments and retain their trust. I am excited to join iCapital Network, where the company’s commitment to supporting its global client base places information security and risk management as top priorities,” said Mr. Owen.
About iCapital Network
iCapital Network’s mission is to power the world’s alternative investment marketplace. Its financial technology platform has transformed the way alternative investments are bought, sold, and managed through tech-based solutions for advisors, their high-net-worth client base, wealth management firms, asset managers, and banks. The firm’s flagship platform offers advisors and their clients’ access to a curated menu of private equity, private credit, hedge funds, and other alternative investments at lower minimums with a full suite of due diligence, administrative support, and reporting in a secure digital environment. Wealth management firms use iCapital’s turnkey technology solutions to provide clients with quality funds and simplified operational workflows in an intuitive digital experience. Asset managers and banks leverage iCapital’s tech- enabled services to streamline and scale their private investments operational infrastructure. iCapital was recognized in the 2018, 2019, and 2020 Forbes FinTech 50 and was named Solutions Provider of the Year in the 2020 MMI/Barron’s Industry Awards. As of February 28, 2021, iCapital Network has more than 390 employees and services more than $72 billion in global client assets across more than 753 funds for more than 125,000 underlying accounts.
For additional information, please visit iCapital Network’s website at www.icapitalnetwork.com | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Twitter: @icapitalnetwork
See disclosures here.
1stitutional Capital Network, Inc., and its affiliates (together, “iCapital Network” or “iCapital”)
Emma Murphy / Sydney Layne
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