Traditional financial institutions such as asset managers will have to embrace the speed of change if they want to speed up data velocity, according to SIX, an exchanges company and market and reference data provider. This was one of the main takeaways from the 2023 annual “Future of Finance” report from SIX. Nearly half, or… Read More >>
Consolidation is Coming for Asset & Wealth Management Firms
All of a sudden, asset and wealth managers are facing an existential crisis. That’s what a key survey of asset and wealth managers has revealed, according to a report from PwC. “One in six (16 percent) asset and wealth managers globally are expected to be swallowed up or fall by the wayside by 2027, twice… Read More >>
Canadian Firm Shifts Fund Administration to SS&C
Canadian firm, Nicola Wealth Management (NWM), has turned to SS&C Technologies to provide fund administration services for nearly $4 billion in assets under management (AUM) in an effort to bolster productivity and reduce operational risk, NWM officials say. SS&C’s fund administration services such as fund accounting and investor services will support NWM’s 15 funds and… Read More >>
