CONSHOHOCKEN, PA — CenterSquare Investment Management created a new senior leadership role focused on artificial intelligence and enterprise data strategy, reflecting growing pressure across asset management firms to integrate AI tools into investment research and operational workflows.
The global real estate investment manager appointed Doug Carpenter as director and head of data strategy and AI, tasking him with overseeing firmwide data governance and AI implementation efforts.
The move comes as investment firms increasingly compete on the speed, quality, and scalability of data analysis amid rising adoption of AI-driven research, workflow automation, and predictive analytics across financial services.
Carpenter joins CenterSquare from InvestCloud, where he served as vice president of data and worked on enterprise AI and data initiatives across multiple product lines.
Before that, he spent nearly 15 years at SEI in senior data, analytics, and investment-technology roles.
CenterSquare Chief Executive Officer E. Todd Briddell described Carpenter’s experience deploying AI systems in regulated financial environments as a key factor in the appointment.
“Doug brings a rare combination of deep financial services expertise and proven experience deploying enterprise-level data and AI platforms in highly regulated environments,” Briddell said.
The company indicated Carpenter will focus on expanding standardized use of AI and internal data systems to improve research efficiency, information distribution, and decision-making speed across investment teams.
Carpenter framed the role as an effort to make existing institutional data more operationally useful rather than adopting AI tools indiscriminately.
“The goal isn’t AI for its own sake,” Carpenter said. “It’s better research, faster decisions, and less friction between data and the teams who depend on it.”
The appointment reflects broader shifts across the asset-management industry, where firms are increasing spending on AI infrastructure and proprietary data capabilities as competition intensifies around research differentiation, portfolio analytics, and operational efficiency.
CenterSquare manages real estate-focused investment strategies across public and private markets and has continued expanding technology and analytics functions as institutional investors place greater emphasis on data-driven portfolio management.
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