{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Agentic Allocator","title":"Inside SITFO's Skynet Group: Ryan Kulig on Building AI Into a $4.7B Permanent Fund","html":"","width":"100%","height":180,"duration":1101,"description":"Ryan Kulig, Finance and Operations Officer at SITFO, the Utah School and Institutional Trust Funds Office, joins The Agentic Allocator to share how a $4.7 billion-dollar permanent fund for Utah's public education programs became one of the earliest institutional allocators to systematically build AI into the way it operates.\nFor the past 16 months, Ryan has led a rigorous AI landscaping exercise at SITFO, evaluating vendors, building agentic workflows, and integrating AI into the operational fabric of the agency. As a member of several industry networks of leading endowments, foundations, and health systems, Ryan found that almost no one else in those communities was actively implementing AI, which only deepened his conviction that SITFO needed to lead.\nRyan walks through why SITFO moved past using AI to generate investment memos, which it found to be a commoditized solution, toward a cross functional platform that serves finance and operations, strategy and risk, and manager research. He explains the integration work required to connect AI to the CRM, benchmarking systems, performance vendors, email, and shared document storage, and why that unglamorous plumbing work is what makes the AI powerful. He also shares his view that institutional investors have been slow to adopt AI because they treat it as a productivity tool rather than a transformational technology, and why SITFO concluded that the cost of moving early outweighed the risk of waiting.\nWhat You'll Learn:How SITFO grew from three people and an inherited portfolio of Vanguard mutual funds into a sophisticated allocator over its first ten yearsWhy SITFO moved past using AI for investment memos, which it found to be a commoditized solution, toward a single cross functional platform serving finance and operations, strategy and risk, and manager researchWhy SITFO prioritized integrating AI with its existing CRM, benchmarking, and performance systemsWhy Ryan believes institutional investors have been slow to...","thumbnail_url":"https://img.transistorcdn.com/QigjduDJIqFTeeJFynBiyzGolv4eHG5zocOf8vY173o/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9hZGY5/NTNkMjIzZGE0NWFj/YWEzYzY0ODU1ZTYx/NzE2Zi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}