Many Asset Managers don’t have a way of measuring different asset classes on the same platform and this can lead to some serious issues.
Past performance may be no guide to the future, but asset managers and investors still want meaningful data that tells them what has (or hasn’t) been achieved.
"Asset managers today face a fundamental and indisputable fact: the world they are analyzing in order to make and execute investment decisions is increasingly complex and rich in data."
"In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks."
Increasingly, asset managers understand the need to adapt to the opportunities and asset management challenges surrounding big data and analytics tools.
Looking back at the past two decades, most of us would agree that the rate of technological change has been incredibly high.
More than 150 years ago, the pioneer of computerization, Charles Babbage, recognised a crucial truth: machines given incorrect information will provide incorrect answers.
When it comes to measuring and analyzing performance in the asset management industry, the quality of both source and calculated data is of paramount importance.
Asset managers face unprecedented opportunities in today's fast-moving marketplace. There are also a myriad of threats.
Workflow is the treadmill of asset management. This isn't to un-glamourize it: it's an essential component as the data around thousands of portfolios flow in.