Research from Alpha FMC, the asset and wealth management consultancy, finds that many firms (80%) are prioritising their digital transformation, with 61% stating that they are “getting organised”. However, nearly a quarter (23%) feel that their digital maturity is “frustratingly fragmented” and that they are beginning to lag behind other organisations.
Alpha FMC surveyed 15 of the largest global asset management firms, collectively managing over £7 trillion in AUM. Respondents included a mix of CMO’s, Digital Directors, Chief Digital Officers and Technology Leaders. Eight respondents feature in the Investment Association’s top 40 asset managers by AUM and ten feature in the top 200 of IPE’s top 400 global asset manages by AUM.
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A Change in Focus