Great Gray Trust Company
Shruti Manglik, CPA, currently serves as the Head of Operational Risk at Great Gray Trust Company, where responsibilities include implementing the Enterprise Risk Framework and overseeing risk policies and training. Previously, Manglik was the Senior Director of Risk Metrics, Analysis, and Reporting at Common Securitization Solutions, managing the Risk Reporting function. At Santander Bank, N.A., roles included Risk Director for Consumer & Business Banking and Commercial & Transaction Banking, focusing on the RCSA program and risk governance. Earlier experience includes serving as Director of ERM & Internal Audit at F-Squared Investments, Audit Manager at Akamai Technologies, Senior Auditor roles at Sun Life and John Hancock, and educational qualifications include a Master of Science in Accounting & Taxation from Bentley University and a Bachelor of Science in Biology from Delhi University.
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Great Gray Trust Company
Great Gray is a leader in the collective investment trust (CIT) market with over $143 billion in collective investment fund assets, across funds managed by 70+ sub-advisors and maintains trading agreements with 40 trading platforms that access 200+ recordkeepers as of 9/30/23. We offer CITs across platforms representing most investment style categories including target-date and hard-asset funds. CITs are listed on NASDAQ and are valued daily; in fact, our President & CEO, Rob Barnett, was the first to enhance CIT transparency by listing 625+ searchable tickers through the Nasdaq Fund Network (NFN). Our legacy originated with Great Gray's predecessor (Wilmington Trust), a venerable institution steeped in fiduciary heritage. This foundation enabled us to be laser-focused on the future of CITs, while delivering industry-leading solutions and service as Great Gray. Innovation drives us. While fiduciary strength and expertise is in our DNA, it is our technological strength and innovative thinking that differentiates us from the rest. We take pride in being pioneers in the industry showcasing first-of-its-kind technological advances, such as boardingpass™, an innovative solution for streamlining CIT onboarding. Great Gray is focused on taking a modernized and fresh approach to developing innovative solutions for our clients that drive results. In fact, the great gray owl itself was meticulously selected to align with our organization — resilient, powerful, stable, decisive, a bit enigmatic, and a stronghold in the wild.