The Buy Side’s Technology Dilemma: Legacy Platforms, Poor Data Quality and Duplicate Systems Proliferate

This report, based on a WatersTechnology survey commissioned by Finbourne, focuses on the global asset management industry and analyses firms’ options when looking to enhance or replace their investment management technology. It also sheds light on the importance of data quality and how it impacts downstream processes, and the emergence of ESG and alternative datasets across the buy side.

Key findings include:

  • 90% of firms suffer to some degree from poor quality data 
  • 73% of firms have duplicate systems in place
  • 58% of firms use a mix of proprietary and third-party technology to manage critical functions
  • 55% of firms due to start using alternative datasets for the first time