May 2015 - FinTech and investment funds
FinTech and investment funds: the way forwardAll actors in the fund information chain can and should take advantage of the flourishing FinTech ecosystem
In May, Luxembourg hosted the sixth edition of the annual ICT Spring Europe. This is one of Europe’s largest and most international information-communication-technology conferences.
Speaking at the event Luxembourg Finance Minister pointed out that the country is an ideal ecosystem of financial services and has always been driven by innovation.
For Fundsquare, driving innovation in the investment fund industry is one of our core goals.
As a market utility and infrastructure, we are at the heart of financial technology and are ideally positioned to bring change and efficiency.
As pointed out in previous newsletters, radical change is coming to the fund industry and in particular to fund distribution in Europe.
The needs of investors for easier access to data and information, the requirements of new regulations, the downward pressures on fees, the demands for data and business agility are all issues to which the industry must respond, and indeed get better at.
As a FinTech player, Fundsquare aims to improve and make existing models more efficient through technology. We believe in collaboration, simplification, transparency and the democratisation of financial services.
All actors in the fund information chain can and should take advantage of the flourishing FinTech ecosystem that is now being created around the asset management industry. This will allow them to completely rethink their relationship all along the chain.
Fundsquare is a key part of this ecosystem, helping bridge the gap between the new technology and the traditional organisational models found in fund administration and distribution.
Published on: 29 May 2015