Technology has enabled the world to keep spinning during a global pandemic which turned everyone’s existence on its head. Across asset management organisations, the industry witnessed accelerated use of new solutions to support investment decisions and to improve operational efficient.
As the use of alternative data and nowcasting becomes less of the exception and more of the rule, managers need to ensure the data is accurate, timely and relevant. Analytical tools can help them quickly find, analyse and visualise relevant data. In addition, a greater number of managers are recognising the benefits of a cloud-based collateral management system. This can can drive efficiency, reduce cost and risk.