According to DST Global Solutions global investment management survey, 76% of top-tier fund managers have seen a significant increase in priority of investment data management.
The report, Right Time, Right Content: Business Drivers for Smarter Investment Data Management, written by analyst firm, Aite Group, reveals that achieving effective investment data management is a high priority for asset and wealth management firms across the globe.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The study focused on investment data management, with equal participation from European, North American and Asia Pacific-based firms. The need is driven by a confluence of factors forced by business need, risk management, and regulatory reporting requirements.
According to the study, while the drivers pushing asset managers and wealth managers to consider new support structures for investment data management are different, data aggregation is a common challenge.
The report cites that 90% of those surveyed indicated that they had experienced an increase in the need for data aggregation capabilities and that they felt they were ill-equipped to support these requirements.
Julian Webb, head of investment data management and analytics at DST Global Solutions, said: "We undertook this survey with the Aite Group to highlight the growing importance of investment data management to the industry and to help identify the key challenges firms face."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"The findings clearly highlight the fact that addressing the challenges is becoming a critical issue that firms need to prioritise in order to continue to operate successfully," Webb added.
