Trillions of assets still managed on outdated legacy systems finds SimCorp report
SimCorp , a leading provider of investment management solutions and services for the global financial services industry, today published a report, Legacy systems: The elephant in the room. Why investment management firms need to tackle the issue head-on, which presents new findings from analysts and industry experts showing the investment management industry's continued over-reliance on technology that is not fit for purpose. The report finds that many firms’ existing systems are