Asset Managers: New Rules to Hinder Product Releases
It would take more than three months to bring a new asset management product to the market, according to a recent survey of nearly 50 asset managers conducted by SimCorp. Slightly more than a quarter of respondents say it would take more than half a year.
Additionally, most of those surveyed say new regulations and legislative requirements would prove burdensome, yet more than half of these asset managers say they have systems that "only allow for a moderate to no degree of automation for new
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