As a founder and Managing Director at Lab49, Daniel Chait has directed engagements with many of Lab49's premier clients, specializing in low-latency and distributed systems within capital markets. Mr. Chait also oversees Lab49's strategic partnerships, recruitment, and staff development programs, and has often spoken and presented at industry events including Financial Markets World, the Microsoft Financial Services Developer Conference, and the Wharton Entrepreneurship Conference

Previously Mr. Chait was Director of Professional Services at Simile Software, where he successfully led web-services integration projects for the media industry, and co-founded Business Velocity, Inc., servicing Fortune 500 firms including Bank of America, Chase Manhattan, Citibank, Lehman Brothers, AXA/Equitable, and Prudential Securities.

Mr. Chait has also worked as a consultant in the corporate banking practice at American Management Systems. Mr. Chait holds a Bachelor’s in Science and Engineering from the University of Michigan