ASSET MANAGERS TECH UPDATE - We have engaged in discussions with our subscribers, attended conferences and conducted our own industry outreach to gain insights regarding the status of the "new" technologies (AI & Blockchain). What stands out more than anything else is the enormous responsibility we as a trade group have to inform folks about tech developments, so they can visualize the potential of technology.
HERE IS HOW WE INFORM THE INDUSTRY - First, we've reviewed several pronouncements of various regulators with industry members to the effect that new tech can be potentially helpful when applied to foster the interests of investors. Effectiveness is typically achieved due to the teamwork & ingenuity of buy-side professionals in using AI or Blockchain.
- Secondly, some major asset managers and vendors have indicated publicly that they are launching or planning major new technology programs for their clients. These programs relate to: 1) applying algorithms to generate more informed account information in relation to extensive daily, weekly or monthly post trade data; and 2) using technology to refine multi-vendor FI pricing valuations in furtherance of best execution. We've recently referenced these types of programs to our subscribers. It is clear that those who are out front on new proposed tech programs usually understand the dynamics of the overall tech landscape.
AMT INTENDS TO DO MORE, AND WE LOOK FORWARD TO RECEIVING INDUSTRY INPUT ON OUR PROPOSED "TECH Q & A". Asset Managers Tech is dedicated to the process of assuring that all market participants are on the same page regarding the ABC's of today's new and emerging technologies. Please CLICK HERE and register for our Webcast this Wednesday, 1/30, from 11:00 to 11:30 am ET. This Webcast will focus on how to use our Q & A material to share valuable insights on the new technologies with both colleagues and clients!
Any questions that you might have about becoming a member of Asset Managers Tech (AMT) would, of course, be most welcome. Please feel free to contact Joe Sack.