Data used to be considered a deep back-office function sitting under an IT umbrella, but, in recent years, it has re-emerged under a bright corporate spotlight, writes Preya Patel
Few wealth managers could currently claim their data supports decisive, auditable action. Fewer still would pretend otherwise. FE fundinfo's 2026 Asset Managers Report found that 65% of asset and wealth managers say fragmented data is preventing them from improving operational efficiency. At the same time, an even larger 69% see the speed and accuracy of their data becoming an increasingly important differentiator when it comes to winning and retaining clients. Firms have identified the problem, as well as its consequences for business, but not yet figured out a successful solution....
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