Growth acceleration strategies

A global survey by Ernst & Young* asked C-level asset management industry executives what actions they planned to take to position their businesses to emerge stronger from the crisis than their competitors.

40% responded that they plan to make strategic acquisitions in their core business and 30% that they plan to expand into new geographical markets. While these actions are not typically considered core to the business, they do offer opportunities to accelerate growth regardless of the organisations core strategy.

Investment management organisations have gradually transformed their use of information technology from being a process driven necessity, to a key strategic issue. Systems that are not capable of meeting the demands these action become hindrances to strategy implementation.

SimCorp Dimension is able to support investment management organisations in specific ways that facilitate the implementation of growth acceleration strategies.

* Ernst & Young, Opportunities in Adversity Series – Asset Management Survey Snapshot, June 2009.

Recent events have focused the minds of asset managers not only on the benefits but also on the risks of outsourcing. It may be time to revisit and recalibrate the strengths, weaknesses, opportunities and threats inherent in the business model. In this white paper, the author suggests six IT-architectural considerations for future risk mitigation in an outsourced back office environment.

Download white paper on Extended Enterprise Data Management to learn more about outsourcing