The asset management industry is going through a transformative period dominated by two somewhat conflicting trends: growth and uncertainty -- and as it balances them, buy-side firms are taking a hard look at their operating processes. Firms are finding ways to amplify the value they add to core areas, while also reducing their allocation to areas where they can instead take advantage of a community of service providers whose solutions are demonstrably better and more cost-efficient.
In a survey of IT- and operations-focused asset management executives, 83% said they considered operational efficiency to be "somewhat challenging" or "very challenging."
Partnering with a service provider, especially with regard to middle- and back-office solutions, can create streamlined processes and operational efficiencies that allow firms to focus their efforts on adding proprietary value.
The white paper takes a detailed look at:
- The opportunity to reinvent infrastructure
- Top buy-side technology initiatives
- Flat and focused budgets
- Post-trade outsourcing momentum
- Selecting service providers
Download your complimentary copy of the Reinventing Buy-Side Infrastructure white paper.