Today’s asset manager relies on accurate and timely data to make investment decisions, evaluate risk, calculate performance and inform clients. A popular solution for asset managers who need to organize and pull data is an Investment Book of Record (IBOR). Over the past several years, IBOR has not only become a favorite buzzword of middle-…

Robotic process automation (RPA) is transforming investment banking. New artificial intelligence (AI) applications are helping firms reduce operational costs, improve client satisfaction and decrease operational risk. Accenture’s Post Trade Processing platform alone currently deploys 55 robots to deal with more than 750,0000 transactions across six critical post-trade areas each day. These bots deliver for us…

Effectively managing potential trade settlement fails—when either the buyer does not deliver funds or the seller does not deliver securities in an appropriate form on settlement date—is a key element in driving efficiency across the entire securities market ecosystem. Even though most trading operations are driven by automatic STP processes today and many banks have…

Today’s investor demands holistic financial engagement. While the wealth management industry has begun to use digital practices, most have focused their efforts on either the client-facing applications (front-end applications, platform-based tools, onboarding) or execution-oriented functions (legacy-system retirement, removal of manual processes, automation). It’s now time for firms to turn their attention as well to connecting…

For investment banks and capital markets firms struggling to keep pace with evolving market conditions, the cloud offers a number of significant opportunities. It can enable organizations to calculate pricing and risk more easily, optimize environments (right-sizing for testing and availability), process trades and transactions (with increased horizontal scalability and redundancy) and migrate function-based SaaS…

Asset managers are no strangers to transformation. Over the past decade, many have gained operational scale with operating model changes that harness technology, asset servicing partners and platform-integrations across both middle- and back-office functions. However, the pace of innovation these days is changing the face of transformation. Those firms that are agile and can take…