We’re wrapping up our 2023 series of Beyond Alpha episodes with highlights from industry leaders who joined us during the year. They discuss some of the most important operational issues in investment management. Experts share their experiences with whether to buy our build software, how to evaluate public versus private cloud, when to outsource to service providers, and how to adapt to regulatory change. Whether you’re a loyal listener or it’s your first time with Beyond Alpha, you’ll hear valuable insights you can use for 2024 planning and beyond.

1. Buy vs. Build Software:

• Explore the decision-making process of whether to buy existing software solutions or build custom solutions in-house.
• Consider factors such as cost, time-to-market, scalability, and the specific needs of the investment management firm.
• Evaluate the trade-offs between using off-the-shelf solutions and having bespoke software tailored to unique requirements.

1. Public vs. Private Cloud:

• Delve into discussions surrounding the choice between public and private cloud solutions for hosting and managing data and applications.
• Assess considerations like security, compliance, scalability, and cost-effectiveness when deciding on the cloud infrastructure.
• Understand the implications of each cloud model on the firm’s ability to adapt to changing business needs.

1. Outsourcing to Service Providers:

• Examine the circumstances under which investment management firms should consider outsourcing certain functions or services to third-party providers.
• Explore the benefits of outsourcing, such as cost savings, access to specialized expertise, and scalability.
• Consider the risks and challenges associated with outsourcing and how to effectively manage those aspects.

1. Adapting to Regulatory Change:

• Hear insights on how investment management firms can successfully navigate and adapt to regulatory changes.
• Understand the importance of staying informed about evolving regulations and proactively adjusting operational processes to ensure compliance.
• Learn from experiences of industry leaders who have successfully implemented strategies to adapt to regulatory shifts.

1. 2024 Planning and Beyond:

• Summarize key takeaways from the series that can be applied to strategic planning for 2024 and beyond.
• Encourage listeners, whether loyal or new, to leverage the valuable insights shared by industry experts in shaping their future strategies.
• Emphasize the dynamic nature of the investment management landscape and the need for continuous adaptation to stay ahead.

The series seems to offer a comprehensive overview of operational challenges and strategic considerations in the investment management sector. Listeners can benefit from the diverse perspectives shared by industry leaders to inform their planning and decision-making processes.