The true price of outdated IT in asset management

In an increasingly competitive market, can asset management companies be successful without investing in technology that is more cost effective? 

The cost of everything, and the value of nothing

The standard viewpoint of the middle office has been as a cost center. As a result, middle offices have often been overlooked and investment in technology has...

"Like Heston's gateau, time and effort must be put into sourcing quality ingredients or data whose attributes are accurate, well regarded and consistent."

On September 28th 2016, we launched Revolution Performance, the latest expansion to the StatPro Revolution platform.

Key issues for the middle office in asset management firms today.

Increasingly, asset managers understand the need to adapt to the opportunities and asset management challenges surrounding big data and analytics tools.

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.

Ask any middle office team what keeps them awake at night and, nine times out of ten, they will cite one overriding issue: data management.

Ask any asset manager about their dream system for the middle office and the response would typically include three words: fast, accurate and efficient.