Legacy Systems

    Legacy Systems: The Nexus of Applying Experience to Inefficiency

    150 150 Indata

    As a general rule with regards to technology, legacy systems in whatever form they exist will ultimately be replaced. It’s just a matter of time.

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    Legacy Portfolio Accounting Systems: A Closer Look

    150 150 Indata

    The most interesting statistic cited was that most of the firms surveyed had upgraded their portfolio accounting systems in the past 5 years. To say the least, this indicates a high overall level of dissatisfaction with portfolio accounting solutions in general, which is something we see out in the marketplace quite a bit.

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    Upgrading Legacy Systems is the Only Way to Keep up with Regulatory Uncertainty

    150 150 Indata

    The regulatory environment is as changeable as it is unavoidable. The only way to keep up with regulatory uncertainty is by deploying the latest technology and not waiting around and doing nothing due to the perceived "risks" of deployment models such as the cloud.

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    Silos Still Prevalent

    150 150 Indata

    Asset management firms often contain internal silos, with portfolio managers and trading desks using their own separate data to make decisions. That needs to change.

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    Data Management Tools Are the Only Way to Handle Big Data

    150 150 Indata

    There was a lot of press last week surrounding big data. While much of the discussion around big data applies to the sell side, it also applies to the buy side.

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    56 Percent of Respondents Said …

    150 150 Indata

    A survey, released last week by a buy-side tech vendor, noted that the majority of participants “lacked confidence” (translation: are not happy) with their portfolio accounting systems. This survey proves a point: there are many legacy systems still out there.

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    When Information is Siloed, Business Risks are Elevated

    150 150 Indata

    Silos serve a purpose in farming, but in the world of technology, they are burdensome and risky. For investment managers this can mean the front-office does not communicate with the back-office and vice versa.

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