You’ve probably known for quite a while now that change is in the air; that your research analysts’ use of non-compliant or insecure consumer apps is increasingly incompatible with maintaining your fund’s compliance posture. Or that siloed information is hampering productivity, information sharing and effective reporting.
According to the new Greenwich Associates data, institutional investors globally spend more than $6.5 billion per year on investment research and the typical manager utilizes over 25 different providers for research services and data. For larger firms that number can easily be double but most buy-side firms do not have a dedicated technology platform to manage and share research. In fact, only a quarter of investment managers participating in a recent study by Greenwich Associates use a formal research management system (RMS).