Asset Managers Still Struggling to Capture, Normalize Data

The C-level might not be buying in at many buy-side firms, a recent survey shows.

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If there's one thing that comes up repeatedly when covering the financial technology sector, it's the need for C-level buy in. This makes complete sense: While there are some sexy IT projects, most are laborious, time-consuming, costly endeavors. It's not easy to rip and replace a legacy order management system. A new enterprise data management structure does not simply appear out of thin air. It takes effort and perseverance.

This is hardly novel; while some people speak of it as if it's a new

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