Tom Reichert

Thomas Reichert is a Senior Partner and Managing Director in the New York office of The Boston Consulting Group.
He is BCG’s Chairman of North America. Before, Tom lead BCG’s IT practices in Americas and  the Operations and IT in Banking segment worldwide. He has previously worked in Germany, the UK, Australia and Asia.

His client experience includes:
• Led integration of IT organizations (staff, applications and infrastructure) of several financial services company mergers
• Leading a major outsourcing program of middle and back office processes of a very large hedgefund
• Developed the payments strategy and detailed design of opportunities for a large North American financial institution
• Reviewed the payments IT architecture for several financial institutions in North America, Europe, Asia Pacific
• Set up Lean six sigma programs with several financial services institutions in North America and Europe
• Redesigned the customer service and processing operations of a major financial services company to align with a new customer & service segmentation model and to run smoother, higher quality and lower cost processing activities
• Managed several IT cost reduction programs in retail and corporate banks, and recently for a major Canadian bank
• Program managed the development and roll-out of a global risk management approach (business processes and systems) for a leading European bank
• Developed the mobile payment strategy for a large North American financial services institution

Bankers Trust Australia/NZ – CIO and Executive Committee Member
• Responsible for IT functions in Investment Banking, Wealth Management, Asset Management and selective processing functions
• Integrated several acquisitions of securities processing businesses, de-merger of divested businesses
• Managed the master custody outsourcing contract with JP Morgan
• Delivery of the BT branded wrap platform for smaller and medium sized advisor groups
• Significant involvement in a number of broad business activities across BT
• Co-owner of a BT-wide cost reduction initiative across all business units
• Part of the acquisition teams for two asset management organizations in Australia

Dresdner Bank, Germany – Relationship Manager, Private Clients and small mid-size companies

He holds an MBA from Indiana University and a PhD in economics from the University of Bayreuth, Germany

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