Funds Industry Report - Flipbook - Page 26
Ronan Kelly Grant Thornton
analytics capabilities in order to meet the new
market threats by analysing the dynamics of a
reporting capabilities?
nancial market;
CTO’s - What investment in technology is
Social and Emotional Intelligence - Under-
required in order to make our processes more
standing customer’s and staff’s pain points
sustainable?
and come up with coherent strategies for solv-
Start-Ups And Technology Providers
Will Be Part Of The Solution To The
Issues Of 2019
ing these;
Logical Reasoning and Self-Learning Exploring capabilities to their fullest to enable
making informed management and investment decisions;
The loss of trust in the Financial Services
Algorithmic Trading - Using technology to
Industry since the recession has negatively
manage transactions, quotes, deposits reduc-
impacted Active Funds, with money moving
es expenses both for the service provider
over to Passive Funds during this time. ETF’s
(nancial institutions) and the end client.
are becoming more popular with investors
due to their improved liquidity, simplicity and
I am really looking forward to supporting the
low cost.
Industry on their Digital Transformation journeys in 2020, from Ideation to Implementa-
For Fund Administrators, this means there is
tion.
even more pressure on already tight margins.
Automation is already high across the industry, but every year there are additional technology offerings that are providing solutions
to improve efciencies and productivity.
A key trend in the Funds Industry is companies moving towards Intelligent Cognitive
Automation, where companies are creating
centralised Data Lakes, which will enable use
of Machine Learning, Articial Intelligence (AI),
Robotic Process Automation all the way to API
gateways.
In 2020, technology will take on critical nancial processes. New areas include:
Business Analytics - Monitoring nancial
businesses and offering critical insights on
performance improvement;
Risk Management - Identifying possible
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