Security News > 2021 > September > Asset management investment to focus on technology and data infrastructure

Investment in technology and data infrastructure sit at the top of asset managers' priorities as they position themselves to deliver business growth in the recovery from the COVID-19 pandemic.

56% say their investment will focus on these areas over the next 12 months and for 47% on ensuring ESG compliance across their product range.

The survey of global investment professionals across the asset management sector also reveals COVID-19 has pushed firms to review their IT strategies and transition to the public/hybrid cloud.

To improve levels of operational efficiency, firms are seeking seamless interconnection between functions along the investment value chain.

In the survey, 83% of asset managers say they will extend their strategic alliances with asset servicing and tech partners, enabling connection of middle- and back-office services straight to their front office tools and investment book of record.

AI and ML to deliver insignts across the asset management investment lifecycle.

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/4E5k7z5tFJU/