Completed between December 2015 and January 2016, the buy-side survey—now in its fourth year—provides a fascinating insight into current data management priorities and drivers for asset managers and owners.
Growing diversity in investment strategies and intense regulation are forcing asset managers to take a new approach to data management and data governance. The RIMES Survey reveals that more firms are now prioritizing data governance in their organization (63 percent in 2016 versus 58 percent last year). Complexity wrought by increasing investment activity in non-traditional assets and markets coupled with a growing body of legislation are leading firms to increase their focus on good data governance.
In spite of this focus, more than half of asset management firms admit that data governance remains a work in progress (60%), with a further 23 percent stating their data governance is only emergent.
The content provided in these articles is intended solely for general information purposes, and is provided with the understanding that the authors and publishers are not herein engaged in rendering regulatory or other professional advice or services. Consequently, any use of this information should be done only in consultation with qualified legal counsel. The information in these articles was posted with reasonable care and attention. However, it is possible that some information in these articles is incomplete, incorrect, or inapplicable to particular circumstances or conditions. We do not accept liability for direct or indirect losses resulting from using, relying or acting upon information in these articles.
- Navigating Fixed Income Analytics in a POINTless World
- MAR Update – Regulatory Oversight is on the Rise
- Ensuring Regulatory Compliance Includes Detecting Questionable Order Activity
- Ask the Expert: FIGI I.D. Mapping Across Multiple Asset Classes
- More Time Required Before Phasing Out of Key Reference Rates