Approximately 35 percent of money management firms questioned in a recent survey are dissatisfied with the capabilities of their portfolio accounting systems. And for those firms that have replaced their portfolio systems--or have considered doing so--fully half were motivated by a lack of specific functionality. Nonetheless, nearly 70 percent of the firms that responded to the survey say they would recommend their current portfolio accounting system vendor.
The survey was conducted by Somers
Anthony and James hit on a wide-range of topics, from Brexit in the UK, to the SGX-NSE fight in APAC, to the Supreme Court's decision on cellphone location data in the US.Subscribe to Weekly Wrap emails