Empowering Women in Asset Management

Empowering Women in Asset Management

Women may account for more than half of the entry-level financial services workforce, but that doesn’t mean they will face a level playing field further along in their careers. According to Women in the Workplace, an initiative between McKinsey & Company and LeanIn.org, women are significantly underrepresented in the upper ranks of financial-services companies, accounting…

Fraud Prevention in Today’s Multi-Channel Cyber Environment

Fraud Prevention in Today’s Multi-Channel Cyber Environment

Financial fraud is a growing concern in the digital age — and scammers have more tools at their disposal to access sensitive data than ever before. Fortunately, technology has also brought forth defense mechanisms and controls that industry leaders can leverage to prevent fraud. “Fraud is a multi-channel problem,” said Chuck Gallant, Director, Asset Servicing…

Principals of Product

Principals of Product

NICSA members gained insight into emerging product trends – and how investment managers and distributors are working together to support them — during a breakout session at NICSA’s Strategic Leadership Forum in April. Jack Tierney, Head of Investment Policy and Governance, Invesco Unit Trusts, moderated the panel, which included leaders from Columbia Threadneedle Investments, Delta…

Face the Membership with CNBC’s Tyler Mathisen

Face the Membership with CNBC’s Tyler Mathisen

NICSA members kicked off the second day of the NICSA’s 2019 Strategic Leadership Forum with an appearance from CNBC’s own Tyler Mathisen. Mathisen, “Power Lunch” Co-Anchor & Vice President of Events Strategy at CNBC, used his vast experience in financial journalism to lead a group of C-suite executives through a discussion around the latest business trends…

Uncovering Unconscious Bias

Uncovering Unconscious Bias

We may not be aware of them, but Corporate and Business Development Expert Mona Sabett says our unconscious biases are deeply rooted in our evolutionary pasts. Take the loss aversion bias, identified in 1992 by Amos Tversky and Daniel Kahneman, for example. “That bias says that the pain that we experience from loss outweighs the pleasure…

Is the Asset Management Industry ‘Data Driven’ Yet?

Is the Asset Management Industry ‘Data Driven’ Yet?

When it comes to data and analytics, Lyndsay Noble, Head of Advance Analytics Practice, SS&C, said asset managers should know where to channel their efforts. “When people think about data-driven companies, they often consider what is known as FAANG: Facebook, Apple, Amazon, Netflix, and Google,” Noble said during a breakout session at NICSA’s recent Strategic…

Perspectives from Abroad

Perspectives from Abroad

Asset managers from worldwide markets came together to share their diverse perspectives on global product trends, distribution, and regulatory issues during NICSA’s Strategic Leadership Forum this month. The unique opportunity helped NICSA members understand how to better meet global market needs. Andrew Dougherty, Head of Asset Managers and Alternative Investors, Americas, BNP Paribas, moderated the…

The Great Wealth Transfer: The Future of Advice

The Great Wealth Transfer: The Future of Advice

As we teeter on the precipice of one of the greatest wealth transfers in history — in which U.S. baby boomers are expected to pass down a collective $68 trillion to Generation X and Millennials — asset managers must plan for the future of an aging client set.  To help them do so, Bill McManus,…

Artificial Intelligence: Transforming the Asset Management Industry

Artificial Intelligence: Transforming the Asset Management Industry

In 2016, scientists at SONY CSL Research Lab released “Daddy’s Car,” the first full song composed by artificial intelligence. The company’s AI software, called Flow Machines, created the song using machine learning.  “They ‘taught’ it using a database of songs, including a lot of the Beatles,” said Kelley Conway, Managing Director, Technology Advisory Practice at…

Building Deeper Advisory Relationships with Data

Building Deeper Advisory Relationships with Data

If you’re looking to form stronger advisory relationships, try turning your existing client data into a winning asset. According to a report from Broadridge, asset managers should integrate data and analytics into their marketing strategies in an effort to acquire talent, forge deeper relationships, and encourage retention.  Tim Kresl, Principal, Broadridge Financial Solutions, Inc., told…

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