Asian asset managers driving innovation in operations

Asset managers in Asia are innovating by building networked operations across multiple and disparate markets in the region, creating what will be templates for use by their Western peers, says Steve Matthews, chief operating officer of trade processing technology provider Omgeo. “The challenge is to achieve harmonisation across different markets that are certainly not homogenous by any stretch,” says Boston-based Matthews. “It requires our clients to have a very open mind and to b…