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Blog
News & Views
July 20, 2021
Introducing Everstell’s Enhanced Workflow Module
We are excited to announce the next update in our Profitability Management Platform! This update further integrates performance measurement and cost management capabilities for the CFO’s organization. Click on the image below to learn more.
February 20, 2021
Empowering Finance Teams with Data Driven Analytics
Companies are training employees, investing in cloud-based systems and other technology and improving communication to speed up data analysis. These efforts could also help reduce redundancies and bring down costs according to an article in the WSJ and based on a recent study by the Hackett Group.
July 20, 2021
We are excited to announce the next update in our Profitability Management Platform! This update further integrates performance measurement and cost management capabilities for the CFO’s organization. Click on the image below to learn more.
February 20, 2021
Companies are training employees, investing in cloud-based systems and other technology and improving communication to speed up data analysis. These efforts could also help reduce redundancies and bring down costs according to an article in the WSJ and based on a recent study by the Hackett Group.
February 6, 2021
Going Digital Quickly is a Priority for Private Equity
Interesting article by FT on the value of digital transformations for Private Equity. Firms that invest time in transformations yield significant value enabling real-time data that allows for a quick change of strategy if the portfolio company is heading in the wrong direction.
December 20, 2021
Advisory Fee and Revenue Leakage
Abstract: The asset management industry continues to face increasing challenges with advisory fees, which are further exasperated by revenue leakage, due to outdated billing management processes, client relationship management systems, and related protocols. Revenue billing systems have not been able to keep pace with the complexity of varied investment options required to meet client expectations and demand. This has also led to increased regulatory scrutiny and compliance costs.
February 6, 2021
Interesting article by FT on the value of digital transformations for Private Equity. Firms that invest time in transformations yield significant value enabling real-time data that allows for a quick change of strategy if the portfolio company is heading in the wrong direction.
December 20, 2021
Abstract: The asset management industry continues to face increasing challenges with advisory fees, which are further exasperated by revenue leakage, due to outdated billing management processes, client relationship management systems, and related protocols. Revenue billing systems have not been able to keep pace with the complexity of varied investment options required to meet client expectations and demand. This has also led to increased regulatory scrutiny and compliance costs.
June 27, 2021
The headwinds faced by the industry regarding the prominence of fee pressure and how the focus on costs will remain at the forefront pointing to a larger phenomenon threatening the industry. Despite record AUM inflows in 2019, revenues as a share of AUM decreased by 2 basis points, year-over-year, while costs were flat.
June 27, 2021
Why Cloud Technology is Expected to Dominate 2021
Almost every firm these days is experimenting with different forms of innovation. According to Forbes, the intensity of the pandemic propelled many firms to adopt SaaS and Cloud-based technologies, which is expected to continue to accelerate into 2021.
February 6, 2021
Big Data Accelerates the Rush for the Cloud by Asset Managers
Asset Managers are accelerating the rate of their adoption of cloud-based solutions to support investment modeling and analytics. The low-cost alternative to managing big data sets is proving to be an advantage for many firms.
June 27, 2021
Almost every firm these days is experimenting with different forms of innovation. According to Forbes, the intensity of the pandemic propelled many firms to adopt SaaS and Cloud-based technologies, which is expected to continue to accelerate into 2021.
December 20, 2021
Asset Managers are accelerating the rate of their adoption of cloud-based solutions to support investment modeling and analytics. The low-cost alternative to managing big data sets is proving to be an advantage for many firms.