research & insights from Orbium

External asset management & private banking

Redefining the business model in response to emerging trends, industry pressure and client demands

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Orbium, a global financial services management and technology consulting firm

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Regulatory Compliance Advisory

Orbium helps clients become fully compliant and achieve both customer investment goals and their own strategic business objectives. To supplement our functional expertise, we draw on a network of regtech partners to ensure we always provide the most appropriate and innovative solutions.

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by Orbium
| 19/07/2017 17:31:22

This past year has been a turbulent one for External Asset Managers (EAMs) and private banks. Brexit, increasing regulations, fee pressure, sluggish growth in assets under management (AUM), and declining net new assets (NNA) and revenue margins – are all very serious threats to continued survival. Many banks are reacting in a conservative way and are playing the wait-and-watch game. They are focusing on cost-cutting until the market conditions are clear. On the other side, some banks have decided to use this period strategically for growth and revenue increase with bold decisions and investment for when the market picks up.

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