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Stock impact report

Asset managers are focusing on quality data and a better investor experience [Wealth Professional (Canada)]

Northern Trust Corporation (NTRS) 
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
Research by Northern Trust shows a global drive to ensure that data is prioritized (72% of the 300 global asset managers who took part cited this as their top concern), while investor experience (70%) comes a close second and expanding the product range is third (60%). Controlling costs is a strategic priority for just 46% of respondents. The focus on quality and accuracy of data is a sharp rise from the firm's survey of asset managers in 2022 when just 45% put this as their top priority with most citing efficiency and cost controls. “Asset managers are focused on honing their distribution channels, and having access to high-quality, consistent data is crucial in driving those decisions,” said Ryan Burns, Head of Global Fund Services (GFS), North America. “It's important that managers have a deep understanding of their clients' needs so they can find them the right product at the right time, because there is no one-size-fits-all solution.” The changing and diverse requirements Show less Read more
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