Despite spending on average £15m a year on digital technology, almost a quarter of asset managers feel their digital maturity is "fragmented" and they are beginning to lag behind other organisations, according to a survey conducted by asset and wealth management consultancy firm Alpha FMC.
The research, which surveyed people from 15 of the largest asset management firms collectively managing over £7trn assets, found asset managers still face a number of significant challenges to implementing...
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