Confluence CEO and Chairman Mark Evans founded Confluence in 1991 with a vision of revolutionizing asset management through technology innovation and data management automation. Today, Evans forward-thinking vision is making a game-changing impact on the asset management industry.
Through his CEO Insights publications Evans shares his views on how leading asset managers should embrace technology and its impact on the future of the industry.
Meeting the realities of today's marketplace requires using the vast new technology available to distribute fund information more quickly, clearly, and accurately. Asset managers must exploit the potential of what I call "digital truth" - rapid, full information assembled by machines and systems with a minimum of human intervention, and human error.
In an age of largely free capital flows, it is true to say that the sun never sets on the financial markets. Starting in the Land of the Rising Sun itself in Tokyo, global capital follows the sun around the world in a long day that sees transactions in one market center cascading to the next.
For this reason, it is imperative for asset managers to be able to follow the sun, too.
Read the article. Waters Technology, January 2012.
Technology is changing everything. Fund administration is no exception. For industry leaders charged with keeping pace today and planning for tomorrow, the lesson of what happens to organizations that fail to embrace technological change is clear: adapt or die.
The speed at which changes occur in industry has grown exponentially, and is claiming victims among firms long considered leaders.