At times the asset management industry seems undecided on how to view technology. New methods of data analysis allow for more precise investing, while new digital platforms for trading and engagement with customers have broadened the market reach of firms. Yet concerns persist about the advance of technology and the reliance of millenials on digital tools to the point of possibly rendering traditional asset management firms and advisors obsolete.
On the cutting edge of asset management is Greg Davies, head of behavioral finance at Barclays. In a discussion with Money Management Executive, Davies reviews how technology has fit within the industry and the opportunities and challenges that development has brought.