Less than 40% of asset managers have fully integrated solutions, despite more than 60% identifying these as desirable according to a global market survey commissioned by treasury systems vendor Trema.
The survey collected data from 100 investment management companies, pension funds, insurance companies, mutual fund managers and private banks from around the world.
Nearly half of the respondents considered reduction of operational risk and automation of trades to be important areas for development, but only one-third were exploring outsourcing as an option.
Roy Williamson, global sales director, Trema is encouraged by the findings: "Nearly two thirds of the asset managers surveyed intend to employ integrated inhouse systems, indicating an important area of growth for Trema's business."
Investment analysis emerges as a key issue throughout the survey, with 59% of respondents indicating that more certainty in decision-making is a considerable or crucial driver of their business. Within the investment analysis sector, risk management and analysis was seen as the priority by most.