Fund managers can unlock the full value of big data by
rethinking how the middle office handles it, says Thomas Erichsen
of TMF Group Capital Markets Services.
Private equity funds must make better use of the wealth of data
they have access to. The sector is around 10 years behind hedge
funds in setting up robust middle office functions that create
usable data to enhance performance.
The middle office - a compliance and risk management hub - has
been in the shadow of the sales-focused front office. However, as
more and more data passes through it, the demands placed on the
middle office are greater than ever and deserve more
attention.
There are more regulatory requirements, including the new
Securitisation Regulation and associated criteria for designating
certain securitisations as simple, transparent and standardised
(STS). There are myriad measures needed for Environmental, Social
and Governance (ESG) reporting, daily performance returns,
enterprise risk
