Asset Management Asleep at the Wheel?
Who will win the future of the $80 trillion global asset management industry?
That’s the question posed in a report that notes how asset management has been slower to adopt technology-fueled transformations than other areas of finance, such as banking, payments, and insurance.
“Looking at fintech in asset management provides roughly equal parts information, inspiration, and anxiety,” it states.
The report is a byproduct of a conference co-hosted by FinTech Collective and Goldman Sachs. The summit brought together 80 CEOs and CIOs from asset managers and asset owners, as well as leading start-up founders.
Skimming through the list of participating companies reads like a Who’s Who in asset management. To have been a fly on the wall for those conversations!
For those of us who didn’t make the guest list, the report is our consolation prize, sharing insights from the meeting and offering views on how the industry could evolve.