Insights

I hosted a data management roundtable where one participant started off by saying she was told that she should invest in a data lake solution for her Firm because it was the latest technology for data management.

Over the last decade, asset managers have increasingly abstained from implementing manual based reporting techniques – preferring to leverage digital solutions instead. But what is prompting investment firms to do this?

Two black swan events have unfolded in the space of just two years - sparking not just unprecedented market volatility but upsetting global supply chains in their wake. Consequentially, asset managers now need to re-think their technology outsourcing models if they are to insulate their businesses from extreme risks.

Cloud-based technologies confer on asset managers a number of operational and strategic benefits at a time when their margins are being badly squeezed.

Ransomware is a significant concern for any firm that holds sensitive data and there has been a 1400% increase in cyber-attacks reported to the FCA since 2014.

The scale of the damage being inflicted on the world economy by cyber-criminals should not be underestimated. The losses incurred by cyber-crime globally are forecast to reach $10.5 trillion by 2025.