The following is an excerpt from The Wall Street Journal:
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has published a new white paper, titled “Catalyst or Catastrophe: The Impact of IT Systems on Sustainable Business Performance.” The paper, authored by Ingo Walter, Seymour Milstein Professor of Finance, Stern School of Business, New York University, is part of an ongoing series of industry thought leadership compiled and published by SimCorp.
In the paper, Walter draws from a multitude of recent research to establish the clear relationship between the state of a firm’s investment management technology and its future business health. IT infrastructure, Walter writes, has emerged as a major source of competitive advantage in today’s product-saturated, high volatility and low return atmosphere.
Read the entire article in The Wall Street Journal.