Asset owners that insource their investment management face many challenges, such as regulatory demands, investment complexity, operational risk and personnel needs.  Among the many capabilities these asset owners need, managing and making sense of the variety of data sources and quantity of information can be a top challenge.

Strong data management enables them to adapt more quickly to changes such as new legislation or financial market dynamics. Improved technology can help them optimize their staff to focus on portfolio management. Further, AI and machine learning can help asset owners better understand their data, allowing them to make rapid, accurate decisions.

*Authored by The Economist Intelligence Unit and sponsored by Northern Trust