TMF Group experts talk to Private Equity Wire about the
important role technology has played for fund managers during the
coronavirus pandemic.
2020 was arguably a defining moment for the private funds
marketplace, as technology – or more broadly, digitalisation
– helped fund management groups maintain business as usual in
the face of extraordinary circumstances.
In the main, firms had already been on the path towards
digitalisation to varying degrees, and had the technology in place,
prior to Covid-19; but what the pandemic did do was to accelerate
the pace of adoption to support operational activities.
"It's really been a case of making sure the
infrastructure was there to enable a broader business use of
technology tools such as MS Teams, Slack, etc. Do they have the
bandwidth in their infrastructure? This is something global firms
have had to look at over the past 12 months," comments Oliver
Sinclair, Funds Services & Capital Markets Application
Portfolio
