- Asset managers are in a tug-of-war! The UK's
Financial Conduct Authority
loosened its grip on research payment rules in the beginning of August, and the industry is divided.?For many, the unbundling rules feels like a partial rewind. Asset managers can now potentially bundle some research costs back in with trading fees, but with safeguards for investors. Will this new flexibility spark a research renaissance? Or will it create confusion for investors? ?
- Muddy waters on the topic of transparency
University of Sussex Business School
published last month?a new study, shining a light on the transparency of global finance markets. Dubai and Hong Kong are considered hotspots for illicit financial flows, according to the report. The US, despite its reputation as a financial powerhouse, is lagging behind other developed nations in terms of transparency and anti-corruption measures.?
- Data integration headaches: More and more, we hear our clients are grappling with the complexities of integrating data from various sources, including internal systems, external data providers, and regulatory bodies. These headaches, inconsistencies and data gaps can hinder teams and cause them to be on hold for weeks.?
- Feeling pressure:?Asset managers have heavy reporting demands, ranging from regulatory obligations (EMIR Refit) to the end client wanting insights in a more granular or timely manner. Institutional investors expect greater frequency and detail in reporting shared with their C suite and investors. Pressure comes from both sides pushing teams to?robust systems in place and potentially attracts investors.? ??
- New validation processes:?Ensuring the accuracy and reliability of data is a critical concern for our clients. We hear many are implementing more robust data validation processes to identify and correct errors or inconsistencies.?
Keep an eye out for updates coming through September as we share more news about our integration with
Alveo Technology
. ?
This month we will also be attending:
Get in touch today if you will also be attending and would like to book a session with one of our experts. ?
