Asset managers are learning valuable lessons in remote working and continuity planning as they continue to face the challenges brought forth by COVID-19. Many firms are adapting as they go, identifying gaps and developing new needs, which has pushed technology providers to further innovate to meet these evolving needs.
Throughout the payment operations process, as in every other sphere of business, risk management is crucial. Some organizations, especially alternative asset management firms, deal in many high value transactions on a daily basis, leading to a number of factors that can pose an immense risk on their business.
These factors include: Read More
As the globe has shifted to working remotely in the fight against COVID-19, many funds are beginning to find wrinkles in their business continuity plans.
Organizational success depends on certain core building blocks that work in alignment with common business objectives. These main building blocks include business activities, data and analytics, but we believe the most important ingredient to organizational success is data governance. Although it has been somewhat of an abstract concept until now, data governance has been shown to provide cohesion in the standards to align people, processes, data and technology for successful and sustainable results while simultaneously helping organizations leverage data as a corporate asset.