Back-Office-Outsourcing

Matthew Davey shares his views on how middle and back-offices can make use of artificial intelligence.

The asset management industry has professionalised a lot in recent years under the combined effects of the growth in assets under management, regulations and technological disruptions.

Asset managers have been facing a challenging environment, and this is not expected to end soon. Enhanced regulatory requirements and, more recently (but potentially for a while), low interest rates have put the historically high-margin investment management business under pressure. The latter has also been accentuated by the overly frequent difficulties...

Front-to-back outsourcing solutions: Combining back-office fund accounting, portfolio management and the custody business to create economies of scale, increase operational efficiency and provide asset managers with new value-added services.

Buy-side companies with strong growth ambitions face many challenges. Ever-changing regulations, digitisation, cost pressure as well as a challenging and competitive market environment are just a few examples.

In a fast-changing business world, the terms “agility” and “flexibility” are somehow absolutely necessary for organisations to compete, especially large-scale organisations operating across the world.

This new approach helps overcome the standard limitations in BPO* delivery services for the wealth management segment.