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.

fintech explosion

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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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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