This research exposes a number of challenges facing investment managers when it comes to business transformation initiatives, with the prevalence of legacy technology systems emerging as the primary barrier. As a result, legacy system replacement is a key feature and goes hand in hand with many transformation programs. In re-evaluating their technology systems, investment managers must consider the strength of their underlying data management infrastructure and processes. It’s clear that those investment managers that have placed data management at the heart of their infrastructure and operations are more agile in their ability to respond to business demands and have yielded more successful results. Those faced with the need to transform systems and operations in order to meet business goals should ensure they have a strong data management platform and governance in order to ease transitions, reduce risk, and increase the rate of success of transformation programs.
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