The quest for a digital asset manager

Chris Mills, director at KPMG UK, looks at how technology can be a friend, not a foe, of the asset management industry.

As the noted American social philosopher BF Skinner opined: "The real problem is not whether machines think, but whether men do."  It is increasingly clear that asset managers of today are facing very interesting and very difficult technological choices. But even as a technophile, I see these choices must be driven by strategic business needs. Asset managers need to be absolutely clear in their strategic direction, their commercial plans and their delivery. Technology is a key enabler not the fundamental reason and so, as ever, each asset manager needs to keep thinking hard about its p...