Asset manager technology hinders op risk management

The survey, commissioned by Swedish technology firm Trema, questioned more than 100 investment management companies, pension funds, insurance companies, mutual fund managers and private banks globally. Nearly half the respondents considered reduction of op risk and automation of trades to be important for development, and 62% wanted integrated, automated systems. Despite this, two thirds of the respondents were not considering outsourcing, but intended to employ integrated in-house systems.