By David Fernandes, Head of Middle Office – HedgeGuard Read more “Hiring Middle Officers – The three key attributes to look out for”
Most asset managers have implemented simplistic, one-dimensional cost-reduction initiatives aimed to reduce middle-office costs. These actions were driven by increasing middle-office operating complexities, escalating regulatory requirements, and a scarcity of talent. The problem? Most of these efforts have led to under-investment in middle-office functions, resulting in an infrastructure that is inflexible and unable to scale for increasing product complexity and regulatory requirements.
Here are some of the key characteristics of Reg Tech: