The success of the asset management industry depends to a not inconsiderable extent on its ability to innovate and, above all, on its affinity for technology. It has always tried to use technological progress profitably. And not only to automate operational processes in the front, middle or back office or to make them more efficient — just think of KYC, clearing, settlement, reporting, etc. — but above all to optimize trading and investment activities, but also risk management.
I. The technological change in the finance and asset management industry
The fact that the asset management industry in particular is often a technology driver can be seen by looking at commodity trading advisors, which have been using modern analysis techniques in the form of artificial intelligence for decades to develop trend-following models for managed futures funds, or the hedge fund styles that have been established for many years and pursue complex data-based strategies (quants), or use special technologies (e.g. in the form of computing power, programming, or data transmission), such as algorithmic or high-frequency trading.
You are welcome to order the item from the FYB webshop: