Navigating the future of asset management: Digitalizing investor onboarding

Navigating the future of asset management: Digitalizing investor onboarding

The landscape of Asset Management firms has long been fraught with challenges, particularly in the arena of investor onboarding and lifecycle management. This process, characterized by an intricate Know Your Customer (KYC) procedure and the handling of vast data volumes, has historically grappled with the limitations of outdated technological infrastructures.

Such constraints have not only resulted in operational inefficiencies but have also escalated risk exposures. Consequently, firms face prolonged onboarding durations, deferred revenue streams, and a palpable sense of investor dissatisfaction.

These challenges were discussed in a recent webinar featuring industry experts including Jay Krish, Head of Data Governance for Financial Crimes Compliance at State Street Bank, Cindy Castellano, CEO of Cutter Associates, and Terry Flynn, Managing Director of Asset Management at Fenergo. These thought leaders delve into the pressing issues confronting Asset Management firms today, particularly highlighting the challenges in risk, compliance, and operations. They also showcase a case study illustrating the effective transformation of these processes through integration, streamlining, and digitalization.

Key learning points from the webinar include strategies for more effective management and utilization of investor data across organizations. It emphasizes the importance of mitigating regulatory risks while simultaneously reducing operational and cost overheads.

Additionally, the webinar sheds light on enhancing operational efficiency throughout the investor lifecycle. It also explores recent technological trends that are pivotal in streamlining the investor onboarding process.

Watch the discussion here.

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