About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Asset Managers Let Down by Ineffective Data Management Systems

Subscribe to our newsletter

Asset managers already challenged by regulatory compliance and ongoing pressure on fees are being let down by data management and processes that are not very effective at supporting business and operational decision making. According to recent research commissioned by Asset Control, more than two thirds (69%) of asset managers claim their systems are not very effective, while nearly half of asset managers (45%) say their organisation typically measures RoI on data management projects afterwards by carrying out an annual survey into how the business is performing to relevant quality metrics.

The research also reveals management priorities for data management, with ‘reducing cost of current operation’ ranked as a top three priority by just under half of the sample (48%), ahead of ‘reducing operational risk by streamlining data flows’ (46%) and ‘preventing redundant storage and traffic’ (also 46%). These priorities are followed by ‘tracking and reporting on data quality’ (41%) and ‘cataloguing data to make sure data assets are clearly defined and known throughout the firm’ (also 41%).

Eddie Grant, head of managed services at Asset Control, comments: “There are clearly issues with efficiently feeding quality-proofed data into decision making and with accurately, regularly and proactively managing RoI. These challenges can be more effectively addressed using an outsourced managed service approach, where KPIs on data quality and delivery are pre-agreed, transparently tracked and regularly reported to provide proactive tracking of RoI and improved delivery of quality data.”

The research also shows cloud providers, such as Amazon, Google and Microsoft Azure, are deemed best suited to help provide a data infrastructure for asset managers in the future by a third of the sample (33%), ahead of application providers (26%). This highlights the growing focus on cloud-deployed managed services across asset managers’ organisations.

When asked what metadata, contextual information, and quality intelligence their organisation has access to today to improve the quality of decisions, respondents ranked ‘application and business context’ highest (38%), followed by ‘run-time stats and volume information’ (36%) and user ratings and comments (35%).

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Hearing from the Experts: AI Governance Best Practices

The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical and legal use of external information. Robust data governance frameworks provide the guardrails needed...

BLOG

Regulations in the Balance as Institutions Remain Sustainability-Focussed: ESG Summit London Review

Despite a perception that ESG is in retreat around the world, financial institutions continue to take the issue very seriously as a matter of risk management, a trend that continues to exert an influence on the data demands of organisations. It isn’t even the compliance imperatives of organisations operating in heavily regulated parts of the...

EVENT

Eagle Alpha Alternative Data Conference, London, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...