Throughout the past year, the investment industry faced a number of challenges. Some firms were able to weather the storm, while others were forced to adapt to a rapidly changing landscape. As firms navigated these challenges – fee pressure, geopolitical tensions and evolving regulatory landscapes, just to name a few – they turned to a variety of resources from SS&C to help guide their decision-making.
In this post, I delve into the key trends and concerns that shaped the investment industry in 2024, as evidenced by the resources firms were most interested in. By understanding these insights, we can gain valuable perspectives on the strategies firms are adopting to face the new year stronger.
Back to the Basics, Time for a Refresher
Whether they were just starting up or in need of a refresher, throughout the year, firms level-set on the basics, from how to start a hedge fund to learning the difference between the Execution Management System (EMS) and the Order Management System (OMS). To further their understanding, firms now can dive even deeper into the scope of the modern OMS in this new blog, What is an Order Management System?
Expert Insights on the Challenges Firms Face
In the face of dynamic markets and evolving strategies, firms turned to our technical experts. In our blogs, 7 Advanced Trading Tools for Uncertain Markets and Overcoming the 5 Technology Challenges of Asset Class Diversification, they learned how to maximize technology and services to overcome challenges.
Making the Technology Transition – When the Time Was Right
Firms struggling to address these challenges with their existing technology turned to this quiz from SS&C to help determine whether it was time to switch to a new solution. In our eBook, Switching Systems Simplified, they found guidance on selecting technology to meet their needs, determining a solution’s Total Cost of Ownership (TCO) and preparing to switch systems and manage the tactical transition.
Enhancing Operational Efficiency with Outsourcing
Facing no shortage of headwinds, firms looked for resources to help them withstand, recover, and grow from the challenges they faced. One tool many firms turned to was outsourcing.
To help in their decision to outsource, firms downloaded our comprehensive guide and read blogs on the topic, including:
As readers learned, when done right, outsourcing enables investment firms to increase efficiency, decrease overhead, and better manage risk.
Uniting Technology Operations
Another strategy firms employed in pursuit of efficiency was unifying their technological operations.
Firms have discovered that a patchwork of disparate, single-purpose systems that don’t communicate leads to a cumbersome and costly infrastructure.
Because of this, firms are looking at their operations more holistically, turning to comprehensive, forward-looking tech stacks that elevate operations today and support growth over time.
As they strove to unite their operations, firms downloaded our eBook Uniting Your Front Office and Beyond, learning how to bring their OMS and EMS technology together to increase efficiency, decrease risk, and maintain compliance.
When it came to the operation as a whole, they read this whitepaper exploring how a single platform integrating all core functions can simplify operations and help gain a competitive edge.
We Want to Hear from You
This year, we’re thrilled to continue bringing you insights from the experts at SS&C and beyond. I hope you’ll follow along. You can receive every new insight in your inbox by subscribing to the blog.
What topics do you want to hear about from us this year? Let me know.
