Achieving the fine balance of front office innovation and platform standardization.
It’s no secret that creating the “secret sauce” in investment management has become far more elusive than alpha itself. Today, the buy side is largely dominated by homogeneity, caused by a decade of M&A. This has been further intensified by the margin squeeze and numerous regulations. Not to mention the strain of building scale and expertise fast enough, to keep up with the rapid growth of alternatives and ESG. Asset managers are now stuck in a constant cycle of playing catch-up, with the desire for greater differentiation and cost reduction firmly glued on the business agenda.