Download: How Asset Management Firms Use Data to Increase Competitiveness
Discover the seven steps that firms can take towards creating a data-driven business
Traditionally, relationships and connections were key to asset management, but now everyone is turning their attention to the power of data.
Ultimately CEOs want access to cheaper finance faster and investors want higher returns and lower risk. Better data and AI can create a competitive advantage here but, with total world data captured, copied, created and consumed seeing a 5,000% growth from 2010 to 2020 (Forbes), firms are having to evolve to cope with a deluge of data.
The risk is too much data can slow processes and cost more to deliver, therefore diminishing the returns that they promise.