|
The Asset Servicing market's resilience is one of its main strengths. The industry has had to adapt to a variety of stimuli, including intense capital market activity, private equity player acquisitions, as well as the digitalization of IT and operating models to improve data collection, meet investor and client demand, and comply continuously and quickly with regulatory changes and other reporting requirements.
For an industry in which scaling up is constantly required, a solid level of digitalization is becoming crucial to keep pace. A recent survey has been conducted by EY Luxembourg, with the purpose of gauging the digital maturity of asset servicers in Luxembourg and identifying areas that need improvement.
...
|