Looking back to when some of the major stock indexes plunged in March, it was unclear just how much of an impact COVID-19 would have on the financial markets, let alone on society as a whole. But, as we cross a year into the pandemic, we can now see that while this year’s market volatility has created many challenges, it has also uncovered opportunities and areas ripe for investment.
With the sheer volume available today, most hedge funds and private equity firms consume data from a variety of sources such as market data providers, counterparties, fund admins and accounting systems. As a result, data is processed and consumed at multiple touchpoints, which can lead to dataset duplication and quality issues. However, implementing a robust master data management platform will enable funds to mitigate these challenges while simultaneously providing efficiencies and tangible insights. Read More