Silos Still Prevalent
Asset management firms often contain internal silos, with portfolio managers and trading desks using their own separate data to make decisions. That needs to change.
Asset management firms often contain internal silos, with portfolio managers and trading desks using their own separate data to make decisions. That needs to change.
The premise is that data aggregation is the answer to keeping up with the ever increasing demands of big data. At first glance, this seems like a sound concept but upon further examination, it would not hold up for the needs of an average asset management firm.
It’s no surprise that data management is a big priority for 2012. What seems to separate the U.K. from their U.S. counterparts is that U.K. managers seem to understand the direct and linear connection between data management and being able to accommodate upcoming regulations.