Product Management Approach
Clay’s group is revenue generating with client-facing technologies, its product management approach is consistent with other Cboe departments. Universal themes hold true for all groups. For example, if a business unit is part of a technology project, the unit is responsible for determining market impact, ROI, and the need for the technology. New ideas for projects are driven by client collaboration and a focused need to solve a pain point.
The group evaluates projects and initiatives during a weekly meeting where project owners communicate with engineering staff and teams to see what’s on their plates.
“We have a continual and disciplined process to evaluate project priorities transparently across the company [and] show those initiatives and what’s happening. It’s a wonderful way for internal collaboration and transparency,” she says.
WealthTech Club Takeaways
Cboe is already one of the world’s leading exchange holding companies, dealing in five main segments: options, U.S. equities, futures, European equities, and global FX. Cboe is committed to a customer-focused approach to providing cutting-edge technologies that solve problems.
Vasyl Soloshchuk is CEO and co-owner at INSART, a fintech and Java engineering company. Vasyl is also the author of WealthTech Club, which conducts research into Fortune 500 and start-up robo-advisor and wealth management companies.