FTI Consulting Grows Technology Segment’s Blockchain and Digital Assets Practice with Addition of New Managing Director
Washington, D.C., Feb. 7, 2022 — FTI Consulting, Inc. (NYSE: FCN) today announced that the firm’s Technology segment has appointed Preston Fischer as a Managing Director in its Blockchain and Digital Assets practice.
“Demand for blockchain and digital assets expertise and innovation is rising rapidly,” said Steven S. McNew, a Senior Managing Director and FTI Technology global practice lead, Blockchain and Digital Assets. “Our practice has made significant traction since its inception and is poised for global expansion as more organizations look to evaluate the many use cases and opportunities blockchain and digital assets offer. Preston brings a unique combination of investigations and digital risk experience alongside a robust knowledge of blockchain technology, making him a natural fit for the broad range of needs our clients have in this space. His contributions will be integral to our practice’s continued growth.”
In a recent survey of decision makers at large fintech and financial services organizations, 95% said blockchain investment is a significant or high priority for the coming year. Respondents indicated they are spending an average of $176.4 million per year on these projects and plan to increase spending by 61% in the coming year.
Mr. Fischer brings more than 20 years of experience in investigations and risk management across consultancies, technology companies and public affairs. He is a data management and digital risk expert with a focus on blockchain and digital asset advisory and innovation and has deep expertise in balancing risk with technological advancement. Prior to joining FTI Consulting, Mr. Fischer was Vice President of Strategy and Finance at Connected DMV, where he supported nonprofit, regional collaboration between numerous stakeholders throughout the greater Washington, D.C., area to generate economic development and technology innovation. He has also held managing director and vice president roles at Alnair Group, AON and Navigant, leading work across cybersecurity services, e-discovery, risk mitigation and data management.
Mr. Fischer added, “Blockchain technology and digital assets sit at the intersection of my two key practice areas — data innovation and digital risk management. There’s tremendous opportunity to innovate with blockchain and digital assets to drive supply chain resiliency, operational efficiency, data trust and transparency, ESG improvements and new financial systems. Concurrently, clients require that risk be addressed across these and other disruptive use cases. Intuitively, organizations are building their investments in digital asset due diligence, strategic planning and delivery expertise. The team here at FTI Technology stands out for its ability to deliver and lead on all these fronts, and I look forward to working alongside such an experienced and forward-thinking group.”
555 12th Street NW
Source: FTI Consulting, Inc.