Whether a system is “legacy” is not the relevant question – asset managers should instead ask whether their operations solutions can support growth and globalization
SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today released a new paper titled “Now is the Time to Invest in Technology That enables Growth and Performance,” which outlines how actively managing technology platforms helps asset managers grow in today’s global operating environment.
While many investment managers focused on mitigating the risk associated with operating on legacy systems during tough economic conditions, the improved investment climate is forcing firms to question whether their operations are prepared for growth and to help them differentiate in a globally competitive marketplace.
“During the economic downturn investment managers spent conservatively on IT, and as a result many firms are not prepared - to meet the needs of the growing, global marketplace,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “The asset management industry is becoming increasingly complex and investment accounting systems are core to operational growth. The whitepaper underscores how important it is for asset managers to invest in technology to meet changing market needs and improve operational efficiency.”
Learn more about how SS&C helps investment managers prepare for growth and globalization here.
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