Fund processing automation rates reach new levels, finds EFAMA research
The 29 transfer agents from Ireland and Luxembourg that participated in the survey processed a combined total volume of orders of 39 million last year.
Tag: automation
Euroclear onboards UK private bank to investment fund service platform
The move allows the £1 billion private bank to fully automate settlement and cash movements for its UK investment funds.
Clearstream adds Luxembourg private bank to fund platform Vestima
The scope of the services will include order execution, settlement and asset servicing for its mutual and hedge funds.
Firms in danger of using AI as quick-fix for automation
SGSS' technology expert believes artificial intelligence products are in danger of becoming solutions looking for problems.