| | march 20148CIOReviewopinionin myThe pendulum has clearly been swinging in favor of the buy-side (made of fund manufacturing and distribution professionals in Asset/Wealth Management firms) away from the sell-side (made of primary and secondary markets professionals in Investment Banks) since the financial crisis of 2008. As profit pools and talent shifts to the buy-side, will it take the lead in capital markets by adopting technology innovations? Managing retirement funds and investment plans is indeed an onerous responsibility that, if done right, can make a significant difference to individuals, institutions and the overall economy. It is therefore, not surprising, that the buy-side may adopt a conservative view on innovations such as hosting portfolios on data cloud services, using social media to inform investment decisions, or joining open communities. However, as the pace and level of complexity in managing assets has been speeding up with new regulations, increasing difficulty in beating investor benchmarks, and increasing margin pressures--the imperative for the buy-side to take a more proactive view to adopting technology innovations is becoming ever more pressing. There are at least four themes around which the buy-side can take a more proactive approach to adopting technology innovations.By Ranjit Tinaikar, MD- Advisory and Investment Management, Thomson ReutersRanjit and his team are responsible for all desktop and feeds products that are sold to the full range of users in the Asset Management value chain globally.Why the Buy-Side Needs to Step Up to the Potential of Technology Innovation
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