The back office is the unsung hero of the finance industry. Operations executives lack the glamour of the trader or the fund manager they are often viewed as a mere cost centre, a necessary evil. But not only does the back office keep the machinery running, but by constantly innovating and upgrading technology, it can directly contribute to cost savings and the bottom line.
For global fund managers, if the back office is the obscure side of the business, then an Asian back office is even more so. Asia may be a growth area, but it remains a small part of most global houses' overall business.
A recent roundtable discussion at...
