Wizards’ Corner

In today’s rapidly evolving financial landscape, investment firms face numerous challenges. One critical aspect that often gets overlooked is the firm’s technology infrastructure. Many firms find themselves constantly playing catch-up, struggling with outdated systems, and putting themselves at risk of security breaches. This article sheds light on the consequences of…

What if I told you that 50-80% of the people in an organization spend their time on mundane data quality issues, would you disagree? What if I said the Harvard Business Review conducted a study that highlighted a disturbing truth that many senior executives more often than not, receive subpar…

For many years I was responsible for what we used to call DRP – Disaster Recovery Planning. Back then, technology platforms were likely to be stand-alone, and while they were important, our business could keep going for a few hours until a failed system was restored. So, the process really…

Most of us are living with legacy technology for many of our middle- and back-office functions that was never designed to support the more complex investment types we deal with today.  While there are ways to record these investments in our systems, doing so may require manual processing and the…

Most of us working in an investment management shop will be familiar with this scenario:  There is a powerful and capable order management system in place, as it would be impossible to manage today’s trading volumes without one. However, investments in middle- and back-office technology have not kept pace.  There…

Also known as the “Big Quit” and the “Great Reshuffle”, these terms all refer to the tendency for significant numbers of employees to leave their jobs during and after the COVID-19 pandemic at rates never seen before.