Just as oil provides the energy required to run our world, data is the fuel that drives all components of the asset management process. Those who can harness its full value are sitting on a vast and valuable reserve; while competitors are left acquiring, managing and consuming an increasingly expensive commodity. This edition of Citisoft's Industry Perspectives focuses on specific buy-side opportunities presented through data including specific analysis on the following areas:

Industry Perspectives
Industry Perspectives
Industry Perspectives provide readers with thought-provoking content and insight into Investment Management technology and operations, leading industry practices, and the challenges facing the global investment management community.
There is a growing trend across many areas of investment management towards employing service-based platforms rather than installed software. The adoption of managed data services, however, has lagged behind other areas of service-based provision. With managed data services now maturing, it is expected that that gap will close in the near-term.
Vendor Risk Management is Often Over Looked and Underserved.
Managing vendor risk is critical to the success of investment management firms. Vendor instability or lack of clear product direction will have a tangible impact on both the bottom line and a buy-side organization's future business opportunities.
The pressure is on investment managers to deliver better technology performance more than ever before. But how do investment managers make the right choice amid a growing number related technology and servcies options available to them, especially in the middle-office? Eagle recently held a webinar entitled Key Decision Points Along the Outsourcing Continuum, which included commentary from Eagle, BNY Mellon Asset Servicing, and Citisoft. The discussion centered on the evolving investment management outsourcing continuum and the key decision factors along the way.
Enterprise Data Management (EDM) is a broad term that refers to the efficient management of investment data throughout a firm. Efficiency implies enabling high quality, timely and consistent data across business applications and processes. EDM allows seamless dataflow from internal applications for external communications. The efficient management of investment data throughout a firm is at the forefront of strategic thinking across the asset management industry. Why?
The middle office of an investment management firm lives at the intersection of the business, technology, and operations. Functionally, its capabilities include processing front office trades, reporting on settled cash and positions from the back office, and other administrative functions. In addition to those core functions, the middle office can also include value-added services that can be considered key drivers of business success including: data management, risk measurement, performance attribution, and operations control.


