A global study of asset management professionals found that investment in technology and data infrastructure are at the top of asset managers' priorities in the post-Covid recovery, with 56% saying their investments will focus on these areas in the next 12 months.
The report, conducted by Fund Europe on behalf of Temenos and entitled The Future of Investment Operations, also found that ESG compliance was a key area of focus for 47% of its respondents. Asset managers said that data analytics, robotic process automation and AI were critical technologies for their businesses, with 62% naming cloud-native solutions as a pivotal part of their IT strategy. Meanwhile, 83% of respondents plan to work more closely with asset services and tech partners to improve their operational efficiency. According to the survey, the top applications for AI are po...
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