Front office outsourcing

In recent years, asset managers have been facing a complex environment: substantial competition, lower interest rates and increasing regulatory pressure. They are therefore, as already mentioned in the Taking the Long View study published by SGSS in June 2018, actively looking for solutions enabling them to optimise their cost base and improve their operating...

Do you know CrossWise by Societe Generale Securities Services, SGSS’ front to back outsourcing solutions suite?

Today, flexibility and innovation are the keys to understanding trends and to having the ability to reinvent oneself. Therefore, banks are increasingly being compared to technology companies.

Even more than regulations, technology should determine their transformation and accelerate it, according to a major SGSS survey.

A major European fund administration player, Societe Generale Securities Services (SGSS) is sensitive to the promotion and development of the asset management sector.

As a conclusion to this survey aiming to identify the main trends shaping the buy-side landscape in 2025, three preeminent ideas have emerged.

Talking about the buy-side industry’s main levers for transformation today means discussing the potential of new technologies.

Within this challenging context, remaining competitive and leveraging new opportunities requires more than a marginal improvement in current activity.

According to a recent PwC survey*, 70% of Asset and Wealth Manager CEOs worldwide think that changes in core technologies are going to disrupt their industry over the next five years