Successful expansion of access to alternatives will require total digital transformation.
FundFire: AI is coming, and alts managers desperately need a data overhaul
Chris Edwards, Head of Client Enablement for SEI’s Investment Managers business, explores the business imperative for alts managers and advisors alike to prioritize a strong, standardized data foundation.
“Without this level of standardization and integration, advisors will remain stuck with manual workarounds and high-fee intermediaries, and the industry's broader growth ambitions will remain in limbo. And without the unifying layer of standardization and clean data, managers will remain siloed by platform, strategy and jurisdiction, undermining both efficiency and scalable growth.
“If managers invest now and embrace this fundamental shift, the alternatives industry can evolve from an exclusive and opaque space into one that is truly accessible and transparent.”