Remember the DOL Fiduciary Rule? The Fiduciary Rule, which outlined the fiduciary responsibilities of financial professionals to retirement account holders, was initially supposed to be phased in starting in 2017.
Lack of data integration can prevent asset managers from maintaining adequate control of their company data, increasing the likelihood of less than optimal results. Enter data-as-a-service providers, with the tools and know-how to address data silos and other informational inefficiencies.