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BRIDGEWATER, NJ, March 23, 2022 /24-7PressRelease/ -- ISITC, the industry trade group focused on developing standards and best practices in financial services operations, announced Jan Snitzer, Vice President at Loomis, Sayles & Co., as the recipient of the 2022 ISITC Standard of Excellence Award. The award was presented to Snitzer by Chair Kristin Hochstein, Immediate Past Chair Lisa Iagatta, and Past Chair Erica Borghi during ISITC's 28th Annual Securities Operations Summit in Boston on March 20-22, 2022.
The Standard of Excellence Award recognizes an individual who has made a significant contribution to the industry and rendered exceptional service to ISITC, which is supported by the voluntary services of industry professionals. The recipient is chosen annually by a committee of select ISITC board members, led by the Immediate Past Chair, Lisa Iagatta. Snitzer was selected as the recipient of the award due the invaluable contribution she has made as an ISITC member for over two decades.
Snitzer joined ISITC in 2000 as a Co-Chair of the Investment Manager Forum. In 2005, she joined the newly-formed Alternative Commissions Working Group, helping to publish the group's market practice on Communication of Alternative Commission Details. Snitzer was elected to the Board shortly thereafter in 2007, and became an Executive Sponsor to the Investment Manager Forum and the Alternative Commissions Working Group.
In 2009, Snitzer assumed an officer position, serving first as the Second Vice Chair and First Vice Chair before being selected for a two-year term as ISITC's Chair in 2012 and 2013. She assumed the role of Immediate Past Chair for another two-year term, where she served simultaneously as Board Advisor to Erica Borghi during Borghi's term as the new Chair.
"It is a tremendous honor to recognize Jan this year for the impact she has made at ISITC over the past two decades," said ISITC Chair Kristin Hochstein. "Jan's history clearly demonstrates her outstanding commitment to the organization, but most noteworthy is the genuine passion and dedication she has poured into ISITC, its members, and the greater financial services industry at large. Jan's leadership has truly shaped ISITC into the organization it is today."
ISITC brings together investment managers, broker dealers, custodians, utilities and technology vendors to develop and promote standards and best practices that increase operational efficiencies across the securities industry, enabling member companies to provide essential and enhanced products and services. Founded in 1991, ISITC's membership totals more than 2,000 financial services professionals representing more than 60 firms and trillions of dollars in AUM/AUA. Through its member committees and working groups, ISITC plays a direct role in shaping the future of securities operations by creating and updating market practices, and educating the membership around emerging trends in technology and regulations. www.isitc.org
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