The Evolution of Outsourcing IT for Asset Managers

Apr 09, 2013

A report released by Tiburon Advisors in March notes that technology is evolving rapidly in the financial advisory space and predicts that more advisors will outsource technology in the coming years amid consolidation in the industry. The ideal technology outsourced contractor or part-time staff member should have in-depth knowledge of hardware and software, says Jennifer Goldman, CEO of My Virtual COO. "Most technology consultants will have the hardware knowledge, but not all will have the software knowledge", she continues. "When you're interviewing for this position, discuss your software needs and ensure that whomever you work with has the ability to help you with both needs."

At CyGem, we make it our highest priority to stay current on all of these necessary components of your business. Our many years in the financial industry coupled with our depth of knowledge of portfolio management software systems, including Advent, allows us to be a value-add to your firm.


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