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Data dissemination; the state of data management in the International asset and wealth management industry
January 26, 2016 |
Company | Events | Front | News |
fundinfo recently hosted the first event of the year in London with the topic of The State of Data Management in the International Asset and Wealth Management Industry. This event follows similar events in Zurich, Frankfurt, Hong Kong and Singapore in 2015.
With over 80 people attending the event was a success, both fund groups and distributors engaged in Q&A around the challenges of managing static fund data. The attendees heard an update from the openfunds committee, fundinfo presented their solution for a more efficient data exchange, and Credit Suisse provided for an update on the importance of timely and accurate data in their business. The conclusion was that all parties agreed that the manual exchange of spreadsheets with static data leaves a lot to be desired and perhaps 2016 is the year for change to a more quality assured, automated and robust process.