Robert Erman’s Post

Discover how M2 tackles the growing issue of dirty data in wealth management, ensuring clean, reconciled, and verified investment data every morning at 9 AM. Read our latest report to learn more. https://lnkd.in/gVqxARJT

As financial services firms drive their digital transformations, a gap is growing between leaders and non-leaders, a Broadridge report found. #ai #cloudadoption #digitaltransformation

Mutualization means focusing on your core capabilities while sharing industry solutions to handle peripheral yet necessary processes of the business. Growth in technology has been rampant in recent years, making it difficult and quite expensive for individual firms to keep up and stay relevant. Especially in the highly competitive financial space, already stacked with numerous challenges, keeping pace with technology growth for business efficiencies and customer satisfaction is a necessary expense. Mutualization allows firms to collaborate for emerging technologies like #roboticprocessautomation (#rpa), #genai, #digitalassets, and more, without investing heavily and spending millions of dollars. Financial firms benefit significantly as they no longer need to worry about replacing their legacy systems in a single shot, incurring heavy expenses. In this insightful article, written by our Chief Commercial Officer, Gaurav Mehta, he explains how investment banks and stockbrokers can embrace the latest technologies through mutualization. Read his full article here - https://lnkd.in/gjr3XAq6 #financialtechnology #mutualization #fintech #capitalmarkets #posttrade #posttradeautomation #mutualisation #stockbrokers #digitaltransformation #cloudbased #stp #saas #settlementautomation

“The wealth industry appears to be crossing the chasm from early to mass adoption of compliance technology.” Learn the key drivers of this trend in Investment Executive’s article by our CEO, Dave Reeve, “Will 2024 be the year of compliance technology?”

2024 is shaping up to be the year of compliance technology adoption. Thank you to Michelle Schriver and Investment Executive for sharing our views on the key drivers of this trend! #wealthmanagement #regbi #regulationbestinterest #wealthtech https://lnkd.in/gppyvDuP

"But as financial institutions rush to embrace these technologies, there’s increasing risk they are straying too far from their core strengths. Is the relentless pursuit of tech innovation is causing these organizations to lose sight of what truly sets them apart? It’s time for banks to reconsider this mantra and explore a more balanced approach — one that leverages technology without sacrificing the foundational competencies that have long defined their success." https://lnkd.in/eaJkzcqZ

🌐 Redefining GRC for Wealth Management: AI-Driven, Connected, and Ready for the Future 💲 Financial services need more than isolated tools to manage risk and compliance effectively. They need a fully integrated, AI-powered GRC platform that brings together regulatory intelligence, data management, and automated workflows. That’s Fusion1. Here’s how Fusion1 drives this transformation: 📈 Regulatory Intelligence: Keeps you ahead of constant regulatory changes 🔄 Data Integration: Ensures smooth data flow across all risk elements ⚙️ Smart Workflows: Automates compliance tasks, reducing manual errors Why Surge Ventures? 👍 Our build, acquire, invest model accelerates innovation by combining top technologies with our internal expertise. This unique approach scales with the regulatory landscape, ensuring flexibility and growth. Our Edge 💻 With Fusion1, our expertise in RegTech, AI, and financial services creates a GRC platform that’s not only fit for today but anticipates the needs of tomorrow. 👉 Ready to elevate your risk management? Let’s connect to discuss how Fusion1 can future-proof your GRC strategy! https://lnkd.in/dnZ7ZvPd #wealthmanagement #regtech #GRC #riskmanagement #compliance

How can asset managers better assess notorioulsy opaque private markets? Many financial institutions are now looking to third-party providers like BlueFlame AI for answers. BlueFlame’s Nexus gives structure to the troves of unstructured data that private companies have on their systems. Nexus enables firms to unlock information stored in board decks, fund documents and other irregular sources, then parse it into a form that can be ingested into their systems, tabulated and queried. Read more in A-Team Insight: https://hubs.ly/Q02Yqq0q0

TECH TUESDAY: Emerging Technologies, People Skills Underpin Compliance Efforts: Second was complying with regulatory reporting requirements – a new field in the ninth annual compliance survey – which garnered 23.9%. Broadly ... #regulatoryreporting #regulation #finperform

Buyside and Embracing the Cloud: Elevating Risk Management and Portfolio Insights The shift to cloud-native architecture is transforming the financial industry, offering unparalleled benefits in terms of scalability, efficiency, and integration. For buyside firms managing complex portfolios that encompass equity, fixed-income, derivatives (including OTC derivatives), and private assets—a true multi-asset portfolio—this evolution is more than just a trend; it's a necessity At Vega Investment Technologies, we've embraced cloud-native solutions to elevate market risk management and portfolio insights to new heights especially for the buyside. Our solution leverages modern technology to offer a level of flexibility and power that traditional on-premises systems simply can't match. One of the primary benefits of cloud-native architecture is its dynamic scalability, which supports a 'pay-per-use' business model—crucial in the current environment for maintaining a competitive edge. As your portfolio grows and evolves, our solutions scale with you, ensuring that you always have the tools you need to manage risk effectively. This dynamic scaling is especially important for firms with diverse, multi-asset portfolios that include fixed income, derivatives, and private assets. In addition to scalability, our cloud-native platform offers real-time insights into portfolio performance, risk exposure, and more. This means you can make informed decisions quickly, without being held back by the limitations of legacy systems. Our deep integration capabilities allow us to seamlessly connect with your existing data management systems via APIs, providing a unified view of your portfolio and enabling faster, smarter decision-making. The future of risk management is in the cloud, and we're leading the way with solutions that are designed to meet the specific needs of buyside firms. Ready to elevate your risk management and portfolio insights? Explore our cloud-native solutions today and discover how we can help you stay ahead of the curve. Say NO to #cloudwashing Image Credit: ChatGPT-4o #buyside #marketrisk #businessintelligence #ai