INDATAAs 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.
read moreThe 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.
read moreThe 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.
read moreAsset management firms often contain internal silos, with portfolio managers and trading desks using their own separate data to make decisions. That needs to change.
read moreThere 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.
read moreA 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.
read moreSilos 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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