The need for efficiency will drive technology adoption over the
next 12 months.
Private capital has generally been slow to see the benefits of
new technology, especially in comparison to public markets.
It may have got away with these low-tech tendencies in the past,
but pressure on the sector is growing. As managers struggle to
cope, a new focus on the benefits of digitalisation is
emerging.
So, what does that mean in practice? Here we consider five fund
technology trends for 2023 and beyond.
1. Data challenges in private fund
management
Questioned in research for our recent Halo Framework, 75% of
respondents highlighted the inability to consolidate siloed data as
a major challenge.
