Question 1

What does Tyche Consulting do?

Accepted Answer

Tyche Consulting is a U.S. firm focused exclusively on financial services technology. It places senior IT consultants into banks, asset managers, fintech firms, and insurers; provides fractional CTO, CIO, and CISO leadership; and advises on technology strategy and AI readiness aligned with SEC, OCC, FDIC, and Federal Reserve expectations.

Question 2

What is a fractional CTO and when does a financial services firm need one?

Accepted Answer

A fractional CTO is an experienced technology executive who works with a firm part-time on an ongoing basis, typically one to three days per week, instead of as a full-time hire. Financial services firms typically engage one when they have outgrown an internal IT lead but cannot yet justify a full-time CTO salary, when a regulatory or audit event requires senior technology accountability, or during a leadership transition.

Question 3

How is fractional CTO different from fractional CIO or fractional CISO?

Accepted Answer

A fractional CTO leads technology strategy and engineering for product or platform-building organizations. A fractional CIO leads enterprise IT — internal systems, vendor management, infrastructure — typically for non-product organizations. A fractional CISO is a senior security leader accountable for cybersecurity posture, risk reporting, and regulatory examination response. Many financial services firms need two of these in combination.

Question 4

What does AI readiness mean for a bank?

Accepted Answer

For a bank, AI readiness means having governance, risk management, model documentation, vendor due diligence, and human-in-the-loop controls in place before deploying AI in any consequential decision. The April 2026 federal interagency model risk management update explicitly carved generative and agentic AI out of its scope and announced a forthcoming RFI on AI specifically; AI readiness today means preparing for whatever framework the agencies issue.

Question 5

Does Tyche work with regional banks or only large institutions?

Accepted Answer

Tyche works with global banks, regional and community banks, asset managers, insurance companies, fintechs, and trading firms. The common thread is a demanding technology environment and a need to move quickly. Engagement structure is sized to the firm — global banks more often need consultant placement; regional firms more often need fractional executive leadership.

Question 6

How does Tyche evaluate consultants and fractional executives before placing them?

Accepted Answer

Tyche evaluates technical capability and organizational fit with equal weight. Before presenting a consultant to a client, Tyche assesses their technical depth, sector knowledge, communication style, and the kinds of environments where they have previously succeeded. Before presenting a client to a consultant, Tyche evaluates the engagement scope, the team, and the risks. No placement is made into a situation that has not been vetted.

Technology consulting, built for how financial services actually works.

Three ways we work with you.

IT Consultant Placement

Fractional Executives

Strategy & AI Readiness

Technical skill and organizational fit, evaluated with equal weight.

Financial services organizations across the United States.

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