Fi360, a provider of fiduciary-related education and tools, has created the new position of chief data officer and hired Steve Engelhardt to fill the role.

Fi360 created the role in response to growing demand from its institutional and advisor clients to leverage fiduciary-related data into new products and services, the company said.

Prior to Fi360, Engelhardt was with Morningstar Inc., where he worked in technology leadership roles. Engelhardt led technical development of various legacy and new software products, including Morningstar’s Defined Contribution Retirement Plan tools for advisors.