Robotics. Big data. Artificial intelligence. Blockchain. Just a few years ago, few would have uttered any of these words in the same breath as “hedge fund.” Whether viewed as innovation or evolution, the hedge fund industry has joined with the vast majority of the world in acknowledging the advent of, and the need to embrace, these business-altering technologies.
Technology-driven disruption is changing financial services organizations across the enterprise. Today, it’s not about having a digital strategy — it’s about defining your business strategy in a digital world. Disruptive innovation will touch every aspect of our lives.
Digital is the future of business and the world. The accelerated pace at which everything is changing means that the hedge fund industry has to look at things differently and think in new ways. The industry must ask:
- How do we make certain that we exist tomorrow?
- How do we streamline and automate our operations?
- How do we come up with new ideas and modernize our business models?
The industry must become more agile to anticipate and manage shifting investor demands, embrace convergence across asset classes, and seize opportunities both within traditional financial services and beyond.