Among this week's crop of Buy-Side Technology news are three instances of significant back-office technology implementations: UK investment manager Jupiter Asset Management signing with SmartStream, fund administrator Vastardis Capital Services deploying Advent Geneva 8.0, and Bermuda-based administrator Meridian Global Fund Services Group going live on Fascet's enterprise data management platform.
In many instances investment managers' back-office capabilities have not quite kept up with their front-office advances; high-frequency trading beats NAV calculations any day in terms of sexiness. It's nice to see more attention paid, however, to less sizzling but absolutely crucial aspects of buy-side infrastructures. Hopefully these implementations won't prove isolated incidents.
Deputy Editor, Buy Side
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails