The Future Of Investment Operations Cloud-based Portfolio Management System-zuczug

Investing The cloud-based portfolio management system has been visible in the last five years but it only reached its highest point in 2014, when more and more financial companies realized the transformative benefits of moving to software as a service (SaaS) from on-premises software. "(In 2014), over 90% of our community members that are in the buying process for enterprise software are evaluating SaaS-based solutions to replace existing on-premises applications," says product review site IT Central Station CEO Russell Rothstein. This trend will take center stage this year, according to Silicon Angles annual Technology Predictions series, since data-at-rest protection becomes more imperative than ever. But aside from putting an end to the rising tide of data breaches at high profile institutions, some of the benefits of moving to a cloud-based portfolio management system include the following: Real-time monitoring and evaluation of data. The primary goal of cloud-based portfolio management system is to provide clients with comprehensive and consistent reporting and analytical tools accessible through the web 24/7. With an advanced data management platform, investors can promptly manage and mitigate risks, as well as transform details into meaningful insights for improved decision making. Regulatory compliance. Failure to follow regulations can lead to hefty federal fines, legal punishment, and an investment drop off. Through a trusted cloud-based end-to-end form PF solution that offers an institutionalized process of combining data from custodians, prime brokers, and other fund administrators, investors are guaranteed to comply with the constantly evolving regulatory requirements. Higher ROI due to an increase in collaboration. Cloud-based portfolio management system allows administrators and authorized third parties easily sync findings by keeping all the files in one central location. Such technology promotes a more focused organizational approach, helping the team achieve their financial objectives in no time. A survey by Frost & Sullivan supports this positive result by saying that companies which invested in collaboration technology had a whopping 400% return on investment (ROI). Faster disaster recovery. By moving to cloud-based solutions, companies are able to save themselves from coming up with complex disaster recovery plans as providers take on this responsibility in a timely manner. In fact, corporate researchers Aberdeen Group found out that businesses which moved to cloud were able to fix issues in an average of 2.1 hours, as compared to the traditional 8 hours. Lower costs. Cloud-computing solutions are easier to deploy, hence businesses should expect minimal project start-up costs. Also, since these kinds of services are basically pay as you go, theres no need for capital expenditure (Cap-Ex) at all, says IT and social media authority SalesForce. About the Author: To learn more about how you can secure your assets and portfolio management system , contact Conifer Financial Services representatives at 415.677.1500 (San Francisco), 212.676.5500 (New York), 1.284.494.4133 (Tortola, BVI), +65 6592-0115 (Singapore), and 902-406-8877 ext 227 (Halifax). You can also email [email protected] or visit company page For recent updates, go to Article Published On: ..articlesnatch.. – Investing a December STAT issue will have Novembers numbers. This month our .mentary will focus 相关的主题文章: