8August 2022OPINIONIN MYBy Andreas Uremovic, Global Head of Investment Portfolio Compliance, Allianz Global InvestorsPortfolio managers are required to manage investment portfolios according to the investment guidelines ­the general term for the set of applicable regulations and contractual agreements signed with the client. Investment portfolio compliance teams also play a vital in helping the asset manager follow these guidelines, but these teams frequently spend much of their time on administrative tasks to fulfil regulatory and contractual obligations. Fortunately, new technology solutions can be applied to these administrative tasks, giving these compliance teams the bandwidth to add value in other critical areas.To be sure, following the investment guidelines is a key part of the portfolio management process, since not adhering to them could expose an asset manager to both reputational risks and financial losses. Apart from that, regulators have ­ since the global financial crisis ­ put a great deal of emphasis and attention on enhanced compliance requirements. USING PROCESS AUTOMATION TO TRANSFORM INVESTMENT PORTFOLIO COMPLIANCEAndreas Uremovic
< Page 7 | Page 9 >