Forefront Communications

HFM Technology: Digital Strategy for Cost Reduction

STA

Mark Dowd

Mark Dowd

The right approach to digital technology in the back office can boost the bottom line – By Gary Casagrande, Confluence Technologies

Asset managers are facing tough times, with revenue and profits under pressure on several fronts. As if that were not enough, they are also facing an upheaval in the way they run their businesses, driven by regulatory and technological change.

The Confluence 2017 Asset Management Survey found that 83% of the asset management professionals surveyed cited at least one of these factors as likely to cause fundamental changes in their operating models.

Gary Casagrande is vice-president of global market strategy at Confluence

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