Casey Quirk and Deloitte have taken a look at how M&A in asset management plays out and how firms might be able to achieve “more perfect unions” by focusing on post-merger integration. Click here for the full report on their site. The analysis focuses on: Organizational leadership (Less C-level headcount) Distribution strategies (more technology, less …
Asset Management M&A Perspectives from Casey Quirk/Deloitte Read More »
pwc’s Asset Management research division in its latest snappy 32-page report identifies a number of key trends and game changers that might lead to an asset management and wealth management revolution. Click here for the full report on their site. Some stats from the study: The four key trends highlighted by pwc are: Further industry …
BCG in an Asset Management outlook for the next ten years identified a number of megatrends to be aware of and work with, none of them new but all of them looked at from an interesting angle. Click here for the full report on their site. Megatrends for the next decade: Active vs passive vs …
BCG Asset Management Outlook – Fees, Tech, EMs, ESG and Fewer Winners Read More »
AQR‘s Portfolio Solution Group this week published a short but important research study on whether Machine Learning can be useful for asset management. The executive summary states that research into ML for asset managment is just in its infancy, but that early evidence suggests that ML tools can potentially improve investment portfolios, with application of …
Autonomous Research’s London-based NEXT unit, which focused on FinTech and the future of finance, predicts cost savings of 22% for financial services firms globally by 2030, totaling $1 trillion. The graphs above show a breakdown across banking, investment management and insurance, as well as front-, middle- and back-office. AR calls the outcome of AI applied …
BlackRock‘s Chief Engineer and Head of the Aladdin Product Group (APG), Jody Kochansky, in a blog last spring wrote about „the promise of AI and what it means to BlackRock.“ His topics included how the firm already is using AI today, such as superior insights following the explosion of unstructured data, AI‘s ability to enhance …
In a new collaboration, IBM and Thomson Reuters will offer financial institutions access to an AI-Powered RegTech Solution. According to a press release, the service will be delivered through the IBM Cloud with real-time financial data from thousands of sources, backed by domain knowledge from IBM consulting subsidiary Promontory Financial Group. Promontory was founded in …
IBM and Thomson Reuters Launch AI-powered Real-Time RegTech Compliance Solution Read More »
Andreessen Horowitz last month filed papers to turn the 10-year-old VC firm into a registered investment advisor, RIA, to invest more broadly and more flexibly. Forbes in a feature called it “Andreesen Horowitz is blowing up the venture capital model (again)”. a16z, as the firm is also known, was one of the AI/tech investing pioneers, …
Data as the new oil, and how data-rich industries such as financial services can tap into their noisy liquid gold. A recent in-depth Accenture study addresses the challenges for financial services on the road to AI adoption, especially cultural and how to become comfortable with the robustness of modeling techniques. Access the full report on …
Accenture: Challenges for Financial Services in ML/AI Adoption Read More »
Stanford HAI and the McCoy Family Center for Ethics in Society last week co-hosted a discussion between Professor Li, the Co-Director for the Stanford Institute for Human-Centered AI, and Professor Harari, best-selling author and Professor of History at Hebrew University. Here is a summary of the 90-minute discussion around AI for Humanity.