New operational systems are available to multi-expertise or specialised asset managers to cope with the growth of private markets. Lyonel Peloponese, head of advanced middle office private market funds services and Romain Mifsud, head of sales & relationship manager French private market, Societe Generale Securities Services, report.
At a time when ‘traditional’ fund administrators face competition from specialists in the growing private assets space, HSBC forged a partnership with a third-party loan servicing business and won a “landmark mandate”. Angela Madden reports.
Swiss investment firm Mirabaud Group has appointed a global head of external asset management (EAM) teams in a drive to extend its reach across the multi-custodian wealth management market.
With the Global Distribution Conference of the Luxembourg association of investment funds (Alfi) taking place this week (September 20-21), Laurent Marochini, head of innovation, Societe Generale Securities Services in Luxembourg, gives us his thoughts on technology in the financial sector.
Automation in some areas of the funds industry scores highly. Research by trade body Efama and bank messaging group Swift in 2020 found automation rates among a cohort of transfer agents working in cross-border fund orders stood at 93% in Luxembourg and Ireland.
The funds industry boasts 90% automation rates, so why is the fax machine still a ubiquitous presence? Nicholas Pratt examines the enduring appeal of this archaic technology.
