Asset management firms are accelerating their digital transformation, with almost half planning to boost their digital spend in the coming year. The push to digitalise been driven by the rise of low-cost passive investing and digital-first challenger banks, which have squeezed the margins of traditional asset managers.
Technology & software solutions
Santander Bank Polska, one of the largest and most innovative financial institutions in Poland, has successfully deployed Horizon’s Platform for Market Making connecting to the Warsaw Stock Exchange (WSE).
Architas, a global asset manager with GBP33.6 billion AUM and AUA, has selected NeoXam’s DataHub platform to support a broader IT and operational transformation programme that includes the revamping of its existing front and middle office systems across their global multi-fund business.
In this 5th and final podcast of the series, Steven Unzicker, Founder of ANZU Research, SEI’s Ross Ellis and Michael Neumann, Head of AI Quantitative Strategies and Partner at Arabesque, discuss how the decentralised model - as characterised by Uber and Airbnb – could inform the future of fund management.
GoldenSource, an independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM), has appointed Xavier Gerardin as Global Head of its OnDemand solution.
Crowding Model solution launched by MSCI to provide institutional investors with daily financial traffic data
MSCI Inc, a provider of decision support tools and services for the global investment community, has launched the MSCI Crowding Model solution to help institutional investors navigate crowded markets by providing high quality, timely information and data to inform their decision making in achieving their investment objectives.
BMO Global Asset Management (EMEA) deploys NICE Cloud Compliance Recording solution for Microsoft Teams
BMO Global Asset Management (BMO GAM), the global investment manager owned by BMO Financial Group, has deployed NICE’s certified Cloud Compliance Recording solution for Microsoft Teams across its business in Europe, the Middle East and Africa (EMEA) to meet certain regulatory requirements around recording omnichannel communications for regulated employees now working from home.
ALPIMA, a SaaS platform for investment management and product design, has been chosen by BBVA for the scaling up of its Quantitative Investment Solutions (QIS) business.
Bayerische Landesbank (BayernLB) has selected Broadridge Financial Solutions to handle its regulatory trade and transaction reporting.
State Street Corporation is to implement a cloud-based, machine learning technology to transform private markets processing and document management.