OUTSOURCED CFO,
MIDDLE & BACK OFFICE SOLUTIONS

Our very own Dan Nikci contributed to this Thomson Reuters article, a timely piece indeed. As the global COVID-19 pandemic spreads, compliance and risk departments at financial services firms have been on high alert and working overtime as firms switched on business continuity plans, closed offices and sent employees home to work. Establishing and maintaining

1. ESG data availability is increasing and managers are starting to use it alongside traditionally financial metrics as an alpha signal or risk mitigator. 2. Hedge funds are behind the curve relative to other asset classes and are already facing questions from clients and consultants on why they are not incorporating ESG into process and

Daniel Nikci, founder and principal of Applied Fund Solutions – an outsourced CFO and middle- and back-office solutions provider to alternative investment managers – believes COOs must be proactive in understanding the technology on offer in order to take on these responsibilities and move on from Excel. “The options are out there, and the responsible COO has to take the initiative. They have got to move internally from Excel and lower contributing areas, and into more advanced platforms where they are more analytical,” says Nikci.

2018 has been a dramatic year for digital assets. While prices of many cryptocurrencies swooned from their 2017 highs, the industry notched noticeable progress towards developing an institutional caliber infrastructure and new fund launches have continued to come to market. It’s been a year of maturation, but there’s still plenty of work to be done.