Investment staff at asset owners spend an inordinate amount of time on a critical non-investment activity such as – reporting, which is a material fiduciary and governance requirement. Massive resources are spent preparing monthly/quarterly reports that are extremely costly for asset owners on shoestring budgets. More importantly, this “time sink” carries a high opportunity cost because investment staff are not focused on their core job – managing assets. Additionally, Board members are saddled with reports that are bulky and difficult to manipulate thereby reducing their ability to ensure effective governance. Current generation technologies permit ease of access to data and visual output, which allows for much more effective reporting and decision-making. This panel highlights the challenges asset owners face and what they would like to see in terms of solutions.
Who's the presentation for?
Asset owners or even asset managers
Attendees can expect to learn:
- What is really important to asset owners
- What the current state of reporting looks like and ways to improve it.
- Using existing technology to improve governance (by increasing flexibility in accessing data), better facilitate collaboration and minimize time and effort in preparing reports, and allow for customization of reporting to CIOs, Boards and internal staff.