Research by Global Palladium Fund reveals that 90% of professional investors believe that over the next five years asset managers will come under growing pressure from clients to use blockchain technology to provide greater security and transparency. Asked why blockchain will become increasingly important for asset managers, 51% of professional investors interviewed for the research said it provides more transparency around investments, 35% said it gives investors more information on investment vehicles, 12% said it would meet growing regulatory demands, and 2% said it could reduce costs.
A-Team Insight Briefs
Research Reveals Increased Use of Blockchain in Asset Management
When the Brexit transition period came to an end on 31 December 2020, a new sanctions regime was introduced in the UK under legislation set out in the Sanctions and Anti-Money Laundering Act 2018 (aka the Sanctions Act). The regime is fundamentally different to that of the EU, requiring financial institutions to rethink their response...
Tableau, a provider of business intelligence and analytics software, is working with capital markets participants to achieve priorities of driving customer growth, ensuring regulatory compliance, using data analytics for business insight, and identifying operational efficiencies. Most recently, it has added business science to its capabilities, democratising data science and providing business users and analysts with...
RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.
Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...