Pivoting to the Front: The Quest for Greater Differentiation as the Alpha Race Intensifies
In Celent's enterprise data enablement survey a few years ago, both asset managers and asset owners indicated a renewed trajectory towards enhancing front office propositions. The increase in investments in the front office reflects the push for enterprise data-enablement functions to be tasked with front office, business, and client-aligned outcomes, rather than focusing on cost-rationalization.
Needless to say, "data-insight is the new gold" and continues to be critical. However, we live in a world where there are constraints on financial resources and data is expensive -- how should capital markets and investment firms maximize the impact of data for trading and investment? We present several perspectives based on insights from our reports and recent conversations with end-clients.