According to Accenture’s Reinventing Operations in Asset Management report, risk management in the middle and back office is a top five concern among asset managers. While investment risk rightfully receives a great deal of asset managers’ attention, other risk management activities often take a backseat. Emerging risks—particularly those relating to new technologies, regulation, cyber threats,…

Private banking 4.0 is upon us. Digital technology and a highly focused business strategy – not so long ago “nice-to-haves” – are both expected to become “must-haves” in this world of discerning and demanding clients. Firms that lag behind could be seeing the results in depressed bottom lines. This is the story to emerge from…

Since the 2008 financial crisis, derivatives have been in the regulatory spotlight. One of the dedicated protective rules that was introduced in 2016 was around the need to post risk-based initial margin into segregated accounts for uncleared derivatives. This requirement will continue to be phased in through 2021. In order to conform with these uncleared…

The use of new technologies like artificial intelligence (AI) and machine learning in the back and middle office could help transform the asset management customer experience. The asset management industry will likely require a transformative redesign of the traditional operating model to drive success moving forward. This is a key theme of our recent report:…

In February 2019 Accenture acquired Orbium, a business and technology consultancy specializing in wealth management in Europe and Asia. At Orbium, our guiding principle remains to focus on what is most important to our clients – their success. This priority continues to guide us as we work with our clients to help them successfully transform their…

Today’s operating environment for asset managers may be the toughest ever, and 2020 is likely to be a watershed year.     Leaders should be attentive to the evolving demands on their company’s operating model, technology workforce and ability to drive change at speed. What are your firm’s greatest strengths as you head into the…