Banks and Buy Side Find Bringing Fintechs In-House a Major Challenge
The buy-build equation has become more complex with the fintech explosion, as has containing the IT sprawl.
The pace of technological advancement is rapid—this is not a secret. But when you couple that advancement with the explosion of startup fintech companies now dotting the market, it makes planning and budgeting for the future that much more difficult.
Stewart Carmichael, chief technology officer at asset manager Schroders, said that one of the things he has learned in this new environment is that “time horizons have changed” and that you have to readjust your thinking for how long you intend to
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