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.
Technology is now available that makes it possible to combine multi-asset class performance and risk analytics into a single system.
Automating process and using data just once - but for many purposes - is increasingly seen as the best way for asset managers to respond to the demand for 24/7 reporting capability.
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.
We all know the average middle office is inundated with vast amounts of data. But in today’s competitive market, simply processing large volumes is not enough anymore.
For asset managers the need to keep up with overnight transaction processing and complex data volumes is ever present.
Boutique managers may not have the muscle to compete with the largest firms, but they do have one key strength: agility.