Citisoft Blog

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  • Sweet Sixteen: 2016 Outlook

    While some of the topics in this year’s outlook may be familiar, we’ve been seeing changes in trends over the past two years that indicate our industry is poised for a revolution. From vendor consolidation, to data infrastructure initiatives, to tech disruption (read: #fintech), we weigh in on which hot topics will change the industry in…

  • Barclays POINT User Survey Results

    Find out how the fixed income industry is reacting to the planned retirement of Barclays POINT. After analyzing the survey results, one thing is clear: asset managers who use POINT were blindsided by the planned retirement of the platform with a short timeframe of just 18 months. Some key findings include: The majority of…

  • Times of Change: 2017 Outlook

    The immortal words of Bob Dylan rang true in 2016 more than any recent year in memory: The Times They Are a Changin’. Though we covered a number of trends in our  2016 Outlook  that persisted over the year, we have to admit that this year’s biggest shake-ups blindsided us. Trump, Brexit, Barclays POINT…what can we learn from the market…

  • Invesco – Transformative Success

    Four years ago, Invesco envisioned a program to transform their operations and systems model from an application-centric model to a robust data-centric model by following a set of key tenets.  The first tenet was to create a business-driven program and to engage with investment, distribution and corporate teams to understand…

  • Factor Models: Can There Be Too Many Factors in a Model?

    With the impending retirement of the popular fixed income risk and performance analytics system Barclays POINT, I thought it would be a good time to post a series of blogs on some interesting insights I’ve gleaned from recent conversations relating to investment risk decomposition. These conversations focused on the evolution of factor…

  • Active Management on Trial

    The Charge, the Facts, the Verdict Every day there is mounting evidence in the form of publications, television interviews, and new data analysis that is challenging the relevance of active money (AM) management in the years ahead.    The accusations are varied but the common charge is this: over an extended time frame (let’s say…

  • Following the Money: ETF Impact on Technology

    ETF providers are the belle of the ball these days. Assets are pouring in as investors seek lower cost options for managing their money across a diverse set of investment options. In turn, this is putting real pressure on traditional active investment managers. The impact of this market shift is being felt across the industry as precious…

  • Perks of Being a Road Warrior

    “How can I get into consulting and travel like you do?” I get this question a lot, especially from friends who hear about my fun travel stories. Although the road life has ups and downs, meeting new people and exploring new areas and events can feel pretty glamorous. Especially these days when I escape Boston’s dreary spring every week…

  • Matchmaker, Matchmaker – Find Me a Fintech Company!

    Fiddler on the Roof is one of the Broadway’s longest running musical shows and one of my personal favorites. I’ve see it several times and the popular song “Matchmaker, Matchmaker” has been stuck in my head recently. What does this have to do with investment management? I’ve recently come across news of the acquisition of a company…

  • Enterprise Data Management – Is there an app for that?

    I’ve spent the last five years working on two projects with investment and pension fund managers implementing Enterprise Data Management (EDM) solutions using what was once Cadis and is now Markit EDM.  Before that, I spent fifteen years implementing portfolio management systems that were invariably paired with the Eagle PACE data…

  • MiFID II: Big issues for small firms

    The MiFID II merry-go-round has been circulating at great pace all year and so much (mostly positive) MiFID II news seems to have occurred this year already, but all of a sudden it’s June and MiFID II is only six months away. Final clarifications are coming through from ESMA and the FCA, and it looks like it’s all going to happen on the…

  • Culture Change

    Most established asset managers have built their firms on a very careful, conservative basis. Almost by design, such firms have created a culture and an infrastructure that is resistant to change and generally risk-averse. Whilst new technologies have entered the industry, these have mainly been devoted to automating processes that are…

  • Picked-Up Pieces: Legacy Tech, M&A, Fintech Disruption, and Other Musings

    I’ve long been an avid reader of The Boston Globe sports page dating back to the days of Ryan, Gammons, McDonough, MacMullan and several others that have graced the Boston sports journalism scene. There aren’t many must-read columnists left unfortunately, but I’m still drawn to their coverage, albeit in the online editions (via my…