NEW YORK--More and more investment management firms are turning to third-party risk management vendors. In turn, the buy side, despite its limited resources, represents a growing share of the revenue pie for each of the vendors surveyed for this article.
For instance, two years ago, 20 percent of Askari’s revenue came from the buy side. Today, about 80 percent is buy side. Peter Davies, president of Askari, expects that percentage to rise to nearly 100 percent over the next five years.
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails