Data management is a perfunctory, routine part of daily buy-side operations.
Stewardship can only go so far, however. Asset managers are recognizing that they must evolve by positioning data strategically. According to Cutter Associates’ CutterBenchmarking: Data Management study, 67 percent of asset managers believe data is a vital component of their operations. Doing so requires implementing a governance framework, but many buy-side firms don’t necessarily know how to do so.
At the RIMES 1st Client and Insights Conference, we’ll be hosting a session covering the trends, drivers and challenges associated with managing data. The discussion will answer the following questions:
● What is driving managers to focus on data, and where should they focus their efforts?
● How much centralization of management and governance is actually needed?
● What other trends are happening in the benchmark and reference data space?
During the session, conference attendees will hear from notable panelists participating in the buy-side industry. These include Cutter Associates Managing Director Gregory Leath, Eagle Investment Systems VP and Principle of Global Solutions Peter Travers and one of our own, RIMES SVP and Global Head of Data Management Solutions Steve Cheng.
“Firms are emphasizing the business value of consistent, accurate, and timely data,” said Travers. “This emphasis has shifted the discussion of data as a technology topic to data as a business asset. Senior executives that I am working with are focused on managing the data assets centrally, and navigating the challenges of how to leverage the right expertise for each data domain.”
Leath also expressed his excitement on how data management is advancing:
“I’m excited to be participating and attending the RIMES Client and Insights conference. Data is the lifeblood our industry, and a firm’s access to quality market data is critical to providing key information that firms count on to manage their portfolios. RIMES’ clients are key decision makers charged with making the absolute most of their data. An opportunity to connect with this group will make for an exciting and insightful occasion.”
If you want to hear the panelists provide further insight, email firstname.lastname@example.org to register. The RIMES 1st Client and Insights Conference will be held on September 15 in Manhattan’s NoMAd District.
*Please note that places are limited and registration is mandatory for this conference. Due to the nature of our events, this conference is reserved for buy-side end-users.