Jump to content

Sign in to follow this  
Jonathan Max

How Fintech is disrupting Investment Management

Recommended Posts

Andy Milner

A fascinating report from Casey Quirk (Deloitte) on the evolution of the asset management industry - it's particularly interesting to see this data relating technology spend to profitability:

 

Screenshot 2019-03-14 at 17.00.42.png

 

Here are the distinctions they draw between the top performing firms and the rest of the pack:

 

Quote

 

Approaches to technology investment and innovation vary across profitable growth firms, but there are emerging common characteristics across the most successful competitors:

  • They spend more on technology...
  • They develop proprietary technology...
  • They build technology for the front office...
  • They seek technology-oriented talent...
  • Finally, they outsource commodity technology...

 

 

Definitely worth a read.

 

https://www.caseyquirk.com/content/whitepapers/Casey Quirk Industrial Evolution.pdf

Share this post


Link to post

Become a member to read more and join the discussion

Members can read and contribute to discussions

Join us

Register now for free access.

Create your account

Sign in

Already a member? Sign in here.

Sign In Now

Sign in to follow this  
  • Related Content

    • AlgoMe
      By AlgoMe
      Now in its third year, Behavioral Alpha has already established itself as a must-attend event for forward-looking active managers.
       
      Past speakers include Dan Ariely, Denise Shull and Maria Konnikova, with a range of key topics for asset management innovators.
       
      “A half-day event designed to spark ideas, provoke change, and explore new initiatives by asset managers and allocators alike”.
      - Chris Woodcock – Head of Research, Essentia Analytics
       
      BA19 – London | Behavioral Alpha
      WWW.BEHAVIORAL-ALPHA.COM Join us for our inaugural European event!BEHAVIORAL ALPHA 2019 - LONDON Date: Wednesday, May 15th, 2019 Time: 9.00am - 1.30pm Venue: LABS House, 15-19 Bloomsbury Way, London WC1A 2TH  SAVE MY...  
    • Andy Milner
      By Andy Milner
      Our mission at AlgoMe is to connect the Investment Management Industry - the professionals that work in it, as well as the Asset Managers, FinTechs and other organisations that make up the wider industry ecosystem.
       
      That's why we're excited to announce our first cohort of AlgoMe Community Partners - companies that work within Investment Management and share our ethos of working together to address the challenges and opportunities facing the Industry. They will become active participants in the Community, keeping us up to date on their diverse areas of expertise by sharing their insights and events, and helping answer your questions.
       
      On each Partner's profile page you can find out more about the company, see articles published by them, discussions related to them, and a list of associated members.
       
      If your organisation would like to join as an AlgoMe Community Partner, please get in touch via the Community or by email to community@algome.com.
       
       

       
      Velocity is the FinTech Accelerator by the Investment Association, designed to identify, develop and accelerate best in class firms with innovative solutions, facilitating the adoption of technology within asset management. 
       

       
      Cass Business School is one of City, University of London’s five Schools. It’s among Europe’s leading business schools and in the global elite of business schools that hold the gold standard of ‘triple-crown’ accreditation. 
       
      Alongside its MBA, Cass offers a number of Masters courses including an MSc in Investment Management.
       

      Cleveland & Co is a specialist outsourced legal team, with a market leading reputation for providing the highest quality legal services in the investment management sector. 
       

       
      Saffron Robo is a software, services and support company that provides a cloud based, end to end Robo solution designed to offer front-end to back-end functionality, for all product ranges including: EFT’s, Funds, Equities, Bonds and Fixed Income products, via a secure hosted web based solution. 
       

       
      FSTP is an award-winning training and consultancy services company, helping firms in the Investment Management industry improve compliance and governance standards.
       

      ClauseMatch is a regulatory technology company with a unique SAAS offering, that enables financial institutions to streamline regulatory change management through effective organisation of internal policies, standards, procedures, and controls. 

       
      People Risk Solutions is a client-focused Human Resources consultancy, with a passion for improving business performance through the development of high-performing people.
       

      Waymark uses AI to continually monitor and analyse regulatory changes, and makes recommendations to corporate and consultancy clients to ensure compliance. With the ever increasing changes in regulations, WayMark lets firms work smarter and achieve more with existing resource. 
       
       
      We're looking forward to announcing more partners in the near future, so watch this space.
    • Luuk Jacobs
      By Luuk Jacobs
      In the last week, after initial waving potential issues with the Boeing 737 Max, the have now worldwide be grounded until more is known about the cause of the crash of 2 of those planes in 5 months. Investigations have shown that the path before crash of the 2 planes were very similar and that there are potential underlying issues with the technology of the plane. Some have quoted that the technology has become too complex and is even not understood by pilot. In the specific case of the Boeing 737 Max the technology/system prevents the aircraft from pointing upwards at too high an angle, where it could lose its lift. However, according to filings with the US Aviation Safety Reporting System, which pilots use to disclose information anonymously, it appeared to force the nose down. Not being a pilot I assume this can only be corrected by human intervention.
       
      So bringing this situation back to the use of Fintech in Investment Management (and yes we can only loose money and not lives), do we understand well enough Robo Advice, AI, Blockchain to fully rely upon. Are they becoming our automatic pilots and who in the case of a nose dive can intervene ?
       
      Think of a scenario of some kind of financial crisis and the impact on index funds. Would the technology used to manage these funds just spiral them to the bottom when prices are going down and investors start pulling money out ? Is the temporary closure of such funds the human intervention of the automatic pilot ?
       
      I would be interested to know from specialists in the field @Christopher New, @Paul Smillie, @Simon Cornwell, @Christian Thomas, @Mark Holmes, @Angela Lloyd-Jones, @Andy Milner
    • Andy Milner
      By Andy Milner
      It will be interesting to hear more about the success (or otherwise) of UK based FinTechs overseas - and also to hear how they are or aren't being impacted by Brexit.
       
      It was interesting to hear that our community partner ClauseMatch is part of a government FinTech mission to Amsterdam this week.
       
      @Christian Thomas - I hope the trip goes well! Is there anything you can share from your involvement in this?
       
      UK Fintech Mission - Amsterdam 13-14 March 2019 |
      UKFINTECH.NL  
    • Andy Milner
      By Andy Milner
      It's seems only a matter on time before one of the tech giants looks seriously at the Financial Services industry - a discussion that came up in our panel event as Cass the other week.
       
      Here are the results of a survey that asked consumers how likely they were to take a current account from Amazon - the conclusion of the article being that Amazon is a threat to existing FinTechs more than the large incumbents:
       
      An Amazon Checking Account Could Displace $100 Billion In Bank Deposits (But It Won't)
      WWW.FORBES.COM Consumers are more interested in a fee-based checking account (bundled with other services) from Amazon than a free checking account from the company.  
Debug info for admin:
appforums
moduleforums
controllertopic
topics/forum ID93
page ID
PHP user agentCCBot/2.0 (https://commoncrawl.org/faq/)
×

We use cookies to give you the best possible experience. If you continue, we’ll assume you are happy with this. For further information, see our Privacy Policy.