Description
The Tipping Point for Asset Management Operations
Why Legacy Systems Are Holding Firms Back
The asset management and capital markets industry is at a tipping point. Transaction volumes are rising, regulations are tightening, and legacy reconciliation processes are struggling to keep up. Automation is no longer optional—it’s essential.
This AutoRek industry survey reveals a troubling reality:
- 79% of firms say reconciliation is a major operational challenge
- 85% acknowledge the need for automation, yet many still rely on spreadsheets and legacy systems
- 39% expect transaction volumes to surge, yet their current infrastructure is already under strain
Key Findings: Why Firms Must Modernize Reconciliation Now
- Operational Strain: 57% of firms still rely on spreadsheets or a mix of in-house and legacy systems for reconciliation
- Data Bottlenecks: 79% of firms report struggling to manage rising data volumes
- Regulatory Pressures: 75% expect stricter regulations will create significant operational challenges
- Manual Burdens: 36% say manual processes are a top challenge in their daily operations
- Automation Gaps: While 85% recognize automation’s value
- many firms haven’t taken action
