Re-registration of assets: technology is key to a smooth transition
12 August 2011
With the UK financial services industry set to embrace re-registration of assets across platforms by 2013, there are several challenges ahead over the next couple of years. The current re-registration process is complex and time-consuming and moving assets can take months. In addition, a number of providers will not transfer investments in-specie; meaning some investors... MORE
Posted in: Legislation, Technology
The recent June 2011 PWC research paper entitled “Anticipating a new age in wealth management, Global Private Banking and Wealth Management Survey” highlights an interesting global shift in activity in terms of moving away from legacy IT systems. Survey respondents are “addressing operational inefficiencies caused by having legacy platforms and, for global players, the issue...