Top Technology Platforms Asset Managers Are Adopting in 2014
Published July 3, 2014 10:14 AM
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Updated July 8, 2014 11:14 AM
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<b>Top Technology Platforms Asset Managers Are Adopting in 2014</b>
Asset management firms are embracing the digital age in 2014, according to a new Money Management Executuve survey. Asset managers polled indicated plans to adopt a host of new technology platforms in 2014 from mobile devices, data storage and social media. View our gallery to see what technology products are leading the way. Read More: Asset Managers Ramp Up Digital Efforts Digital Market spending Up at Mutual Fund Firms Data Platforms Aid Marketing Efforts
Sergey Nivens
<b>iPads/Tablets</b>
Since iPads were first released by Apple in 2010, they have become increasingly commonplace at businesses including fund firms. Seventeen percent of the asset managers surveyed said they plan to adopt these devices into their organizations in 2014.
monicaodo
<b>Mobile Apps</b>
Mobile apps first became commonplace in 2008 and their popularity has steadily increased. Nearly one fifth (17%) of survey respondents plan to spend money on mobile app usage this year.
Tomasz Zajda
<b>Cloud Computing</b>
Fund firms are increasing their emphasis on having a model of network computing that enables multiple employees to access and update data. One in 10 survey respondents say they plan to adopt cloud computing in 2014.
Coen, Andrew
<b>Social Media</b>
Ten percent of asset managers are planning to adopt plans with social media sites like Twitter, Linkedin and Facebook this year.
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<b>Risk Management Systems</b>
Information systems that enable fund managers to better monitor and control risk are becomimg more prevelent in the industry. Ten percent of those surveyed are adding this system for the first time in 2014.
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<b>Virtualization</b>
Creating virtual machines with operating systems that act like real computers is another trend in asset management with 7% of those polled adding this platform in 2014.
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<b>Sales Management Software</b>
Investing in technology products that help asset managers improve their sales and customer relationships is also taking place among companies in 2014. Five percent of asset managers surveyed are adding this platform for the first time this year.
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<b>Analytics/Big Data</b>
Adopting technology that allows asset managers to access analytical trends is planned by 5% of asset managers surveyed.
