Asset Managers Using Top Technologies for Advanced Solutions

Asset Managers Using Top Technologies for Advanced Solutions

By Capital Markets CIO Outlook | Friday, July 19, 2019

Innovative technology delivers revolutionary solutions for asset managers to tackle new market challenges.

FREMONT, CA: Asset management demands to handle the clients’ wealth and investments with strategies to maximize their asset profitability. Recently, many asset managers are combining their skills with innovative technologies to harness the industry. Technical advantages like big data analytics, blockchain, and artificial intelligence, regulate the related complications, and tackle the challenges. The adoption of the right tools can assist the asset managers to avail benefits like cost-effectiveness and time-saving. 

• Data analysis

Data marks its presence and importance in every industry, which includes asset management as well. Asset management requires precise monitoring of fund, equity, and fixed assets, which makes it difficult to track manually. The introduction of big data analytics has revolutionized the operational and decision-making process in the industry. Today, managers can instantly access and compare the assets with the help of right analytical tools. The advanced management software can provide necessary information to minimize the risk and maximize the chances of profits. 

• Blockchain

Blockchain’s ability to store a massive amount of data in synchronized but decentralized manner enables easy access to clients’ data by the asset management organizations. The profit also involves maintaining security and immutability for regulatory standards. Due to the direct access and limitless transactional ability, it eliminates the need for intermediaries, which reduces the transaction time and removes the extra fee in a highly secured network.

• Artificial Intelligence

Artificial Intelligence (AI) has gained popularity and enormous demands in various sectors. In asset management, the technology can deliver detailed marketing insights and suggest prescriptive actions to earn profits on Return on Investment (ROI). AIs can efficiently study the environmental, social, and governance (ESG) score and predict the sustainability of the organization. Comparing to human capability, AI can help the team to understand complex data for investment purpose.

Asset management industry powered by brilliant technologies can help the organizations frame long-term strategies, and execute complex decisions accordingly. Technology contributions have become a mandate for every sector to grow and deliver satisfactory services.     

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