Outmoded systems and processes continue to hamper progress in operations at Canadian investment management firms according to tech company Omgeo.
In a study of 19 firms in the country, the post-trade operations company found 70% of respondents felt antiquated systems were acting as a "roadblock" to progress in efficiency. In particular, the study noted so-called "legacy" systems historically inherited without updating are proving problematic.
"I think it's a fairly standard issue investment mana
The week on Risk.net, June 16–22, 2017Receive this by email