Buy-side executive Martin Davis calls for asset managers to join this “too compelling” project.
The marketplace will create efficiencies and new products – if fund managers, distributors and registrars find use cases for their data.
The fintech has built a blockchain for communicating structured data among funds and their service providers.
The funds-transaction vendor has the tech; can banks and buy sides find the business model?
It should enable active fund managers, distributors and service providers to come up with new business models to combat declining fees.
Aviva Digital sees the advice-driven model of selling investments is experiencing a resurgence.