This is a profile image of Matt Fitzpatrick

Matt Fitzpatrick

Senior PartnerNova York

Global Leader of QuantumBlack Labs, and leads the firm’s digital and technology solutions for our Financial Services Practice

With a passion for technology, Matt is the global Leader of QuantumBlack Labs, McKinsey's AI software development group, which builds all of the firm’s sector-based machine learning products (e.g., PMPx, GemX, InsureX), horizontal ecosystem tooling (e.g., Horizon, Kedro, Brix, Iguazio), and GenAI solutions (e.g., LegacyX), all designed to enable digital transformation at scale.

Matt also leads the firm’s financial-services digital and technology solutions: a suite of seven solutions, 75 assets, and more than 500 colleagues globally. These seven solutions, FinLab, GCI Analytics, Finalta, PriceMetrix, Performance Lens, ACE, and Panorama, enable business transformation with data, analytics, and software tools across banking, wealth and asset management, real estate, and private equity. Matt founded FinLab—a team of data scientists, systems architects, and engineers spread across Atlanta, Boston, London, New York, and Silicon Valley—that builds at-scale data and software applications for financial institutions.

Matt’s expertise extends to strategy and corporate finance, and he has led the firm’s work in this space in the northeast United States. Prior to rejoining McKinsey, Matt cofounded a multicategory ecommerce retailer and worked as private-equity investor.

Drawing on his extensive experience in software and technology, Matt helps clients transform their businesses with technology tools, new digital-product launches, and analytical use cases, which includes multichannel customer acquisition, customer retention, credit underwriting, credit collections, natural-language processing of contract data, real-estate location selection, fraud, smart operations and robotic-process automation, and people analytics.

Examples of his recent client work include the following:

  • helping a real-estate client build out the offering and full-tech stack of a new consumer-facing digital business
  • helping a large financial institution automate and digitally enable corporate credit underwriting
  • building a data warehouse and microservices architecture to power a variety of marketing and acquisition use cases
  • advising a financial institution on how to optimize its real-estate footprint
  • developing a retention analytics tool for a large portfolio company of a private-equity firm

Outside of work, Matt serves on the board of the Orchestra of St. Luke’s and on the event committee of CAG in New York City. He is an avid reader of fiction, a pickup-basketball player, traveler, and committed fan of the New York Knicks and Jets.

Published Work

AI for IT modernization: Faster, cheaper, better,” McKinsey & Company, December 2024

How do you measure success in digital? Five metrics for CEOs,” McKinsey & Company, January 2021

The digital-led recovery from COVID-19: Five questions for CEOs,” McKinsey & Company, April 2020

What private-equity strategy planners can teach public companies,” McKinsey.com, October 2016

The return of zero-base budgeting,” McKinsey.com, August 2015

Past Experience

Lazada Vietnam
Cofounder

3i Group
Private-equity investor

Education

Wharton School of the University of Pennsylvania
MBA

Princeton University
BA, politics