Anders Kirkeby of SimCorp made the comment in the first technology session of the day in which panellists debated whether new technology always equals new alpha
Prior to Proxymity, Patel was director of business development and strategy at InvestCloud (formerly Fiserv Investment Services and Tegra118)
It is one of several portfolio optimisation and risk analytics partnerships in which SimCorp aims to complement and enhance its own front-office suite
In a recent Torstone Technology survey, 60 per cent of institutions said that settlement failures, attributed to inadequacies of the middle-office, are still a significant problem for their business
BNP Paribas Securities Services has appointed Linda Lamri as head of sales for Luxembourg, while Joy Kiely has been named head of client development for Ireland
Lionpoint Group will launch a treasury management practice for private capital markets, supported by a strategic partnership with Hazeltree
LPA Group has appointed Mark Reeves as senior advisor, based in London
Kaizen Reporting has added Francesco Angelini, Simon Appleton and Alan McIntyre to its senior regulatory reporting team based in London