Outsourcing back office

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.

Le società buy-side con importanti ambizioni di crescita devono affrontare molte sfide. Normative in continuo cambiamento, digitalizzazione, pressioni sui costi, contesto di mercato sfidante e competitivo sono solo alcuni esempi.

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.

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.