Tuesday 31 October 2017

Asset managers want ... !!!

Oh! Oh! Oh! 'Eh?!' Oh! Those asset managers, man, they want. 'Ha! What do they want, boss?' Well, they always want something, Voice. The gits!

NEW YORK - Celent has released a new report titled Asset Managers Want Their Order Management and Portfolio Management to be One. The report was written by Jay Wolstenholme, a Senior Analyst with Celent's Securities & Investments practice.

Okay, okay. They want it all to be ... ONE. 'Like becoming one with the cosmos or God, boss?' Ha! Nothing like that at all, Voice. We're talking about asset managers, remember.

As asset managers continue to develop their trading desks, the interaction between the trading desk and portfolio managers is crucial. The aggregation of transactions and positions is the base layer, and buy side vendors continue to closely integrate order management systems (OMS) and portfolio management system (PMS) solutions to achieve this enterprise goal.


Is this important? I mean, really important? There are other things going on in the world, you know. Christ!

As asset managers continue to develop their trading desks, the interaction between the trading desk and portfolio managers is critical in achieving incremental precious basis points. Buy side traders are an important ingredient in maximizing portfolio return by minimizing execution costs and shortfall risk utilizing multiple go-to-market execution strategies and tactics.

They're just wrapped up in their own little bubble, ain't they?! 'Man, they love finance. What do you expect?' I don't know, son. I just don't know any more.

The ability for portfolio managers to gain incremental basis points across their investment through their trading desks is a major positive. Portfolio managers are learning to trust their trading desks and the information their traders can provide on the liquidity and safe timing of markets, optimizing execution costs.

Okay. Whatever. 'What does Jay say?' Eh? 'What does Jay say?' Jaysay? Er ... well, he's a senior analyst. Do you mean Jay? Jay Wolstenholme? 'J. J. Wolstenholme?! No. Jay Wolstenholme.' Oh. We've heard from him before, actually. Well, he says this, or he said this -

"The right technology and quantitative tools can give the buy side trading desk the information they need for trade analysis and execution and most importantly the quantitative data to communicate to the PMs," said Jay Wolstenholme, a Senior Analyst with Celent's Securities & Investments practice.

Okay, okay. And we ain't got no ENDS, dear reader(s). Just this -

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Whatever that is! / Forget ### - !!! Let's remind everyone what Celent is -

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies.

Now ... ###.

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Anything else? No.