COVID-19 crisis is accelerating outsourcing among asset managers who face a myriad of additional challenges such as competition, fee pressure and regulation.
Custodians are aiming to evolve their outsourcing business model and leverage new technology to accommodate front-office solutions.
Regulatory pressures on asset managers to oversee and govern their outsourcing service providers has become a challenge for the buy-side.
CTIM will use Northern Trust’s Integrated Trading Solutions for trade execution, matching and settlement services.
With an increasing number of buy-side firms turning to outsourced trading providers in recent years, Hayley McDowell finds out how providers really operate and differ from agency brokers, and examines what benefits opting for outsourced execution can offer to the asset management industry.
Invesco’s head of trading rules out outsourcing equities trading, saying ‘nobody can do it better than us’
Asset manager says its experience, technology and size mean that outsourcing the equities trading desk is not on its radar.
Guy Gibson named as global head of institutional brokerage and Anna Ranaldi appointed as global chief operating officer for institutional brokerage business.
Northern Trust’s director of strategy for asset servicing warned at InvestOps USA that asset owners are a less obvious competitor for the buy-side, as insourcing assets could become more popular.
Market participants agree that trust is a key aspect for firms looking to work with technology providers on their execution processes.
New report suggests that spending, automation and outsourcing of compliance functions at buy-side firms will increase over the next five years.