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The New Growth Enabler: Letting Go of Legacy Systems
Is your technology ready to take your business to the next level?
As asset managers face increased competition, regulatory changes and lower margins, the emphasis on evaluating existing technology systems and reassessing operating models continues to climb the executive agenda. While the industry has traditionally been reluctant to change, executives looking to position their firm for growth, enable shifts in business models and maintain competitive positioning are realizing that technology and operating models must evolve. What was once a properly functioning technology may no longer be sufficient to support today’s fast-moving financial markets. Additionally, the IT systems and operations teams required to host these technologies may no longer be competitive, as firms have embraced the cloud and the economies of scale provided by managed service and outsource providers.
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