"Making the complex simple" is an ambition of the asset management industry that somehow never seems to materalize.
In a recent report, Ernst & Young created its "Top 10 action list to achieve better risk management".
The benefits of combined performance and risk analytics are well documented, but until recently have been an impossible ambition.
When evaluating performance and risk, large asset management firms need a big picture that is clear of irrelevance and obsolete calculation.
Technology is now available that makes it possible to combine multi-asset class performance and risk analytics into a single scalable system.
Why front and middle office collaboration is what’s needed now.
Key issues for the middle office in asset management firms today.
For obvious reasons, many of the largest asset management firms struggle with massive data volumes, silos and processes.
An integrated approach is key for effective performance and risk management, but can also do a great deal to help operational efficiency.
Generating a single copy of the data around performance attribution coupled with comprehensive analysis of risk, has become an essential capability for boutique asset managers.