Buy-Side Firms Lean Toward Managed Services And Outsourcing

Investment management firms need to maximize their technology initiatives as they balance the demands of growing businesses with stagnant budgets, notes a recent SEI study. The asset management industry is going through a transformative period dominated by two conflicting trends viz.: growth and uncertainty, notes a report titled “Reinventing Buy-side infrastructure” published by SEI in collaboration with TABB Group. Technology as value enabler Buy-side firms have to face challenges from growing assets under management, investor demands and regulatory requirements. The report points out that the opposing desires to grow revenue and reduce overhead are pressuring the investment management firms’ IT…