The fully managed and hosted service will allow buy-side firms to focus on alpha generation, says Prashant Kumar, senior vice president at GoldenSource.
“It’s important to free up capacity, particularly when it comes to the mandate of a buy-side firm,” Kumar says. “Their first priority is to generate alpha, and second is to feed back information for client and regulatory reporting. Feeding back information to your clients and regulators… it’s not a revenue-generating activity, so [firms] want t
Anthony and James spoke with some sources about the big acquisition of Charles River by State Street, and right now, there are more questions than answers.Subscribe to Weekly Wrap emails