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European asset management technology strategiesProduct Type: Market Research ReportPublished by: Datamonitor Published: April 2002 Product Code: R313-2874 Description Personal finance management has become increasingly important over the past decade as disposable incomes have risen and consumer awareness of equity-based investments has grown. While the mid to late nineties witnessed one of the most profitable bull runs in history, the technology meltdown and dotcom fallout has precipitated a fall in global equity indices resulting in the present bear market with no immediate signs of a rebound. This executive report examines key business trends and resulting technology opportunities in the European retail asset management market and details key action points for asset managers and technology vendors.Table of Contents SECTION 1 ABOUT DATAMONITOR ACTION POINTS Outline of the Executive Report Four key things you need to know about European Asset Management Technology Strategies Asset managers need greater STP capability to reduce costs and increase service levels Asset managers need to tighten IFA relationships through the Internet Asset managers need to enhance front-office functionality given the increasing focus on performance Asset managers should develop flexible IT infrastructure to meet demand for product switching JUSTIFICATION Introduction Business implications Cost containment to curb margin erosion Regulation creates a greater onus to disclose Internet distribution is a key channel to market Product portfolios are getting broader and deeper The retail and institutional customer is adapting Technology issues Straight Through Processing is a strategic necessity Integrating the IFA Front-office automation THE FUTURE DECODED Two trends for the future Outsourcing growth Alternative investments APPENDIX © Datamonitor 2002. All Rights Reserved. |
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