Post-Trade Matching: Asset Managers Move On
Report Summary
Post-Trade Matching: Asset Managers Move On
Asset managers’ middle-office functions, long targets for automation and efficiency, are coming under increased internal and external pressure.
London, 14 March 2013 – A new report from Aite Group considers the asset management take on today’s post-trade matching environment. Based on Aite Group interviews with asset management companies across the globe, this report analyzes the internal, regulatory, and market pressures faced by asset managers pursuing automated matching. This piece is the third in a series of three reports devoted to the world of institutional trade support; part one focuses on post-trade communication processes and investment, and part two focuses on the broker point of view.
A perfect storm of industry pressures has once more shined a spotlight on post-trade communications between asset managers and brokers. Top-tier asset management firms have committed to central and local post-trade matching to cover all instruments and geographic markets. Small and midsize asset managers, on the other hand, are waiting for available solutions to reach global critical mass before they decide; this leaves them without a single clear path even as the range of traded asset classes widens and the regulatory push for transparency deepens. When will they see the light and move on?
"Asset managers’ middle-office functions, long targets for automation and efficiency, are coming under increased internal and external pressure,” says Lyn Marcrum, senior analyst with Aite Group and author of this report. “Asset management firms must implement flexible processes and technologies and focus on significant upcoming requirements.”
This 21-page Impact Report contains 10 figures and two tables. Clients of Aite Group’s Institutional Securities & Investments service can download the report.