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.
Seeing multiple attributions of both performance and risk is increasingly important for asset managers to make the right decisions and add value.
Powerful central data sources are now key to placing risk analytics at the centre of asset management businesses.
Using risk and performance attribution data together to gain better visibility is no new thing - it has been on the agenda since before even the global financial crisis.
Asset managers are under increased pressure to provide a more vibrant picture of past, present and future activity, with underlying data to support decisions made.
Combining risk and performance attribution analytics in a single view gives a much better picture to the front office.
“The last two years have seen an extraordinary amount of change in the asset management industry. The industry’s ability to renew itself has never been more important.”
Middle offices producing ad hoc reports based on data pulled in from disparate legacy systems still takes place. But, increasingly, this approach falls short of client and regulatory demand.
Historically, investment updates have been provided through monthly reporting on paper, especially at the institutional level.
The asset management industry will continue to face strong headwinds in the years to come, with the need to change the way it operates fundamentally important.