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…

In the rush to convert to hybrid advice, a model that combines human and digital capabilities, and establish digital platforms to better serve clients, some wealth managers are forgetting one major component: their workforce. While changes are made ostensibly to better serve clients, that generally happens when workforces are better served by their employers. When…

In my previous blog, Five Reasons Asset Managers Need Strong Data Governance, I discussed drivers for making the business case for your data governance program. Now, let’s discuss common obstacles encountered when creating a data governance program and how to overcome them. We know that a one-size-fits-all approach will not work in data governance. Individual…

Creating a frictionless business is one of the top five IT trends identified in our Technology Vision 2018 research report that will shape the financial industry and impact wealth management firms. But what does that really mean? In my last blog, I talked about building the future wealth platform—that in order for wealth management firms…

For asset managers, a robust and ongoing data governance program is one of the most important factors in becoming a successful data-centric organization. We believe that a strong data governance program can bring business and IT together—providing the people and platforms to drive knowledge, accountability and transparency for enterprise data management through the business. Establishing…

Full implementation of the European Central Securities Depositories Regulation (CSDR) are on the horizon following the final draft publication of the regulatory technical standards on the 25th May 2018, with final settlement discipline rules now entering into force in either Q3 or Q4 of 2020 following the finalization of the next consultation period. CSDR is…