Enjoy full access any time, from anywhere, to the complete library of CutterResearch reports. Our research into technology and operational issues is distinguished by always being thorough and unbiased, and because members direct the research topics, our content is always relevant.
This report contains the results of Cutter Associates research into member practices, and technologies for managing collateral. It also provides detailed evaluations of collateral management systems and overviews of collateral management utilities and services.
Areas covered include industry trends and current practices of CutterResearch member firms. It also includes an overview of the current vendor landscape, and an overview of the services, utilities, and solutions available to buy-side firms managing collateral.
Reviews of systems include AcadiaSoft ProtoColl, BlackRock Solutions Aladdin, Bloomberg MARS Collateral, Broadridge Collateral Management, Calypso Collateral Management, CloudMargin, FIS Apex Collateral, IntegriDATA CAARS, Lombard Risk COLLINE, Misys FusionCapital Collateral, Murex MX.3, OpenLink Findur, SimCorp Dimension (Collateral Manager), SmartStream TLM Collateral Management. Summary information for the following utilities is included: AcadiaSoft MarginSphere, DTCC Margin Transit Utility, and TriOptima triResolve. Summary information is also provided for the following collateral management service providers: BNY Mellon, Brown Brothers Harriman, HSBC, Northern Trust, SEI, SS&C, State Street, and Viteos.
This research provides background on the industry drivers affecting investment managers, and the tools and practices they currently use to manage investment management reference data.
Areas covered include an overview of Reference Data Management and current practices of CutterResearch member firms. It also includes an overview of the current vendor landscape and the services and solutions available to manage and master reference data. Reviews of systems include AIM Software GAIN, Asset Control AC Plus, Bloomberg PolarLake Data Management Utility, Broadridge Security and Price Masters, Curium Data Systems, Eagle Data Management, GoldenSource EDM, IHS Markit EDM, NeoXam Data Hub, Xemomorph TimeScape EDM+.
This research explores practices for managing suppliers and provides an overview of the types of tools, data, and services members are using to manage their suppliers.
Areas covered include an introduction to vendor management, current and trending member practices, suggested best practices, and industry pressures driving upgrades to vendor management programs.
It also includes an overview of the current vendor landscape and reviews of vendor management systems including IHS Markit KY3P, Knadel Software SupplierVision, Prevalent Synapse, and ProcessUnity Vendor Cloud.
It’s that time of year again, when our inboxes fill up with Top Trends lists, offering predictions and insights for the coming year on industry changes, issues, developments, and technological innovations. The lists are self promotional of course, but some can help you to anticipate industry direction, recognize new business issues, and re-prioritize your strategic plans for 2017.
This Research report includes an overview of risk management products, and a detailed evaluation of systems that support market and credit risk management, as well as investment managers' risk management practices.
Areas covered include an introduction to investment risk, an overview of recent changes in the vendor landscape, the challenges facing the members, and the systems supporting market and credit risk. Product evaluations are included for risk management systems including Axioma Risk, BISAM Cognity, BlackRock Solutions Aladdin Risk, FactSet Portfolio Analytics Suite, FIS APT, Kamakura Risk Manager, MSCI Risk and Performance Suite, Riskdata, StatPro Revolution, UBS Delta, and The Yield Book.
Other vendor products discussed in this research include Bloomberg PORT, Calypso Enterprise Risk Service, Charles River Development Model 3, Misys FusionRisk, Moody’s RiskFrontier, OpenLink Findur, Ortec Finance GLASS, SimCorp Dimension, State Street truView, and Wilshire Omnia.
This CutterResearch report includes a review of new technologies that are beginning to affect buy-side firms, how firms view them, and how they expect to use them.
Technologies covered include artificial intelligence (machine learning and cognitive computing), blockchain (distributed ledger technologies), and new data technologies such as big data and data lakes. The results of a member survey and interviews are analyzed, including the expected impacts and benefits arising from the technologies. Also included are firms’ concerns and their attitudes to the use of open source tools. The report also examines how firms manage the investigation, testing, and introduction of new technologies.
This report contains findings from Cutter Associates research on Mastering Client, Account, and Product (CAP) Data. It provides background on the industry drivers affecting investment managers, including those related to data quality and accuracy for this reference data.
This report covers current practices of member firms, suggested best practices for mastering CAP data domains, and the systems available to support mastering these data domains. Product reviews are included for MDM systems with CAP data functionality provided by Accudelta, Eagle, GoldenSource, IHS Markit, and NeoXam.
This research on cloud computing includes an overview of the various cloud computing deployment and servicing models, the risks and benefits of cloud computing, and best practices for cloud computing.
This research includes an examination of industry trends, member and best practices, and a detailed evaluation of systems for market data administration.
In this research, we examine industry trends and changing regulations impacting the market data needs of investment management firms. We look at member practices and explore best practices for market data administration, including ways of managing costs, supplier relationships, vendor risk, and duplicate data. We also provide detailed evaluations of MDA systems that support vendor contract management, user and service tracking, invoice reconciliation, and reporting.
Systems evaluated include: BST FinOffice; MDSL MDM; Screen INFOmatch; and The Roberts Group FITS.
This CutterResearch report includes an overview of the industry and a detailed evaluation of systems that support performance measurement and attribution.
Areas covered in this research include a market outlook, member practices, and a detailed examination of systems that support performance measurement, attribution, and GIPS composite processing.
The vendors evaluated include: Barclays Capital POINT; BISAM B-One; Confluence Unity Performance & Analytics; Eagle Performance; FactSet Portfolio Analytics Suite; IDC BondEdge Workstation; MSCI BarraOne; Opturo Virtual Investment Analytics (VIA); Ortec Finance PEARL; Robust Technologies; SS&C Anova Performance and Sylvan; StatPro Revolution; Teknometry TekPAR and TekGAM; UBS Delta; VPD Risk & Performance; and Wilshire Analytics Omnia.
Other vendors discussed in this research include: BlackRock Solutions Aladdin; Bloomberg PORT; Charles River Performance; Citi Yield Book; Cloud Attribution; SimCorp Dimension; and Thomson Reuters Eikon.
This CutterResearch report describes members’ use of external sourcing for various business processes and technology functions. We discuss trends in the outsourcing industry, share member practices, and present descriptions of providers and the services they offer.
Areas covered in this research include a detailed discussion of rightsourcing and rightshoring, including the advantages and disadvantages of offshoring, nearshoring, and onshoring.
We examine why investment management firms externally source functions, what functions they outsource, and to whom they outsource those functions. We discuss best practices for making sourcing decisions, and developing and maintaining successful outsourcing relationships. And, we present three unique case studies highlighting member experiences and success factors.
We provide an overview of recent service provider trends and descriptions of providers, including BNY Mellon, BBH, Citco, FactSet, GoldenSource, HSBC Securities Services, Interactive Data, JP Morgan Investor Services, Morningstar, QED Financial Systems, RIMES, SS&C, State Street, SunGard, and Viteos.
This CutterResearch report describes members’ use of alternative investment systems to support private equity and real estate, industry trends related to those asset types, and detailed reviews of system functionality.
Areas covered in this research include a detailed examination of core functionality to support private equity and real estate investments, a thorough analysis of vendors' product strategy, industry challenges, and how CutterResearch members are addressing those challenges.
The vendors evaluated in this study include: Backstop Solutions; eFront FrontInvest; Netage Dynamo; SS&C Technologies TNR; SunGard Investran; Vitech Systems Group V3; and Yardi Investment Suite.
We also include an overview of the private equity and real estate functionality available from The Burgiss Group (Private i, Private Informant, and Private iQ), Digiterre (Communica), Taliance Group (GlobalAsset), and Vertice Technologies (AltaReturn).
CutterResearch looks at best practices and industry trends that enable firms to get from just managing and governing data to a culture of data.
This report includes discussion of the organization structures, principles, and methods that support the cultural shift toward greater knowledge of, and responsibility for, data across the firm.
We include an overview of Data Governance Products from Collibra and Data3Sixty, as well as Metadata Management Tools from Adaptive, ASG, and Cambridge Semantics.
This CutterResearch report describes members’ use of order management systems, industry trends in OMS, and detailed reviews of system functionality.
Areas covered in this research include a detailed examination of core OMS functionality, a thorough analysis of vendors' product strategy and enhancement plans, and a look at industry trends and member practices.
The vendors evaluated in this study include: Advent Moxy; BlackRock Solutions Aladdin; Bloomberg AIM; Charles River CRIMS; CYMBA Technologies Athena IMS; Eze Software Eze OMS; Fidessa IMS; ITG Macgregor XIP; Linedata Longview; Markit thinkFolio, and Simcorp Dimension.
We also include an overview of the OMS functionality available in Black Mountain Everest, Calypso, and Misys FusionInvest.
CutterResearch provides an overview of vendor software products and services that support the production of reports of investment data to regulators.
In this report, we discuss how firms are organizing and the challenges they face to support the different regulatory reports they are required to file.
Vendor products reviewed include: ACA NorthPoint RIR; AMfine AIFMD Solution; ConceptONE RegERM; Confluence Unity NXT; Deloitte Compliance Suite; Eze Software Group Regulatory Filings Manager; FundApps Rapptr; Indus Valley Partners RAPTOR; Kneip AIFMD Transparency Reporting; KPMG Luxembourg AIFMD Racer; Linedata Disclosure Manager; London Stock Exchange: UnaVista; Message Automation futureLANDSCAPE; Miles Software and Funds-Axis FundWare Compliance Monitoring; Solutions Atlantic Regulatory Reporting System (RRS); SS&C GlobeOp Regulatory Solutions; Systemic Solutions RiskValue; and Viteos Regulatory Reporting