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Profil Ronald Knecht've found a bilingual blog, so please choose "English" or "German". The blog represents personal views on IT systems and consulting in the asset management and investment banking market and focuses predominantly but not exclusively on issues in German speaking countries, respectively countries with a German speaking sub-community (DE, AT, CH, LU, LI, BE, IT).

For more information about this blog check out the blog note: I-2008 or all blog notes

Monday, August 20, 2007

Fund Administration Survey: Pinpointing growth

Interesting to see where in this August 2007 survey (done by the "Funds Europe"magazine) third-party fund administrators anticipate growth - Germany is not exactly out of scope, but a runner-up: "Other markets that are picked as having exceptional growth potential are the Netherlands, Spain and Switzerland, and to a lesser extent, Germany."

Another key finding is: "The increasing complexity of the products serviced leads to more complex IT requirements. The management and integration of increasingly sophisticated IT platforms is also mentioned by respondents as a key challenge for the industry. The investment required in IT is also an issue as it takes place against a backdrop of pressure on fees and demands for greater fee transparency." Well, that is, with all given respect, no surprise...