People have been talking about the “do or die” transformation imperative in the asset management industry for a long time. But death isn’t really on the agenda. The sector is way too successful for that. In fact, asset managers are some of the most important and profitable players in the entire capital markets space. Accenture…

While it tends to get less attention than digital transformation or product innovation, the decision to self-clear or outsource remains a vital cornerstone of a wealth management firm’s business model in North America. In fact, it’s a major choice that brings with it a range of implications for a firm’s value chain, operating model and…

By 2023, roughly one out of every ten dollars a financial institution earns in revenue will be spent on complying with regulatory requirements.[i] Think about that. But the dollars spent on compliance definitely beat the alternative—money spent paying fines because a financial institution doesn’t adequately meet a regulatory requirement. For instance, the projected spend on…

Some investment management firms may need to build new relationships with outsourcing service providers for a host of different reasons. But selecting the right partner can be a painstaking, time-consuming activity. The request for proposal (RFP) process has barely changed in a decade – and arguably much longer than that – for ’40 Act and…

In my daily conversations with the leadership of asset management firms, their urgent need to respond to pervasive disruption is a constant theme. And they know the outcomes of their actions must involve more than realizing cost efficiencies: they also need to execute new strategies at the front-end focused on driving distribution and differentiated products—changes…

These are challenging times for asset managers. Disruption is a pervasive force. Driven by technology innovation, empowered customers, volatile economics and advancing regulation, industry change is moving faster than ever. Keeping pace with disruption We’re seeing our asset manager clients respond to these developments by innovating and reinvigorating their products and processes. It’s easy to…