Hedge Fund News From HedgeCo.Net


Asset managers with more advanced technology are growing over twice as fast as peers

(Opalesque) The asset managers with the most advanced technology operating models continue to outperform their peers in terms of revenue growth, driven by accelerated adoption of cloud, artificial intelligence (AI) and other emerging technologies. Fund managers implementing technological advances reported an average 3.3% annual growth rate over the past 12 months in revenue, compared with 1.1% for other fund managers, according to the survey, released Thursday by FIS, a technology and outsourcing firm.

To read this article:

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply