Welcome to The Pulse, a quarterly newsletter highlighting our latest insights and market intelligence in Europe. For more information on any of the topics covered, please reach out to your RBC representative.
Investor services have never been so important. With the climate and energy crisis and depleting natural resources, financial players are faced with finding alternative ways to better serve and help clients during these unprecedented times.
The role of technology as a catalyst for sustainable growth and as an enabler of the transition to a low-carbon economy has become increasingly clear. New technologies must offer clients solutions that are green and ecofriendly. While investment performance is still a top priority, sustainability is becoming more important than ever before for investors. If the financial industry is being challenged to deliver on these objectives, we must remain cautious in our choices and conscious that certain technologies may still have some extreme energy requirements.
A few years ago, blockchain and distributed ledger technology were considered to be potential disruptors for the fund distribution chain but it is now clear that they are more transformative. Although considered a total game changer for improving data exchange and building trust within the industry, they might not succeed without the competencies and expertise of existing players such as transfer agency that has a major role in this process. The digital transformation is about rethinking the business and the role that we play, whilst doing that in the context of delivering the best outcomes for our clients.
RBC I&TS has recently been recognized in a number industry awards and surveys, including being named #1 Overall Asset Servicer1 and #1 Overall Custodian with the Highest Global Average (unweighted)2. A special thank you to our clients and partners for their continued confidence and support.
Access our full listing of awards and rankings here.
1. R&M Fund Accounting and Administration Survey, 2022
2. Global Investor ISF - Global Custody Survey, 2022
At SuperInvestor in Amsterdam, RBC I&TS’ Mickael Fischer, Director of Client Coverage, participated in a panel discussion on how the fundraising environment has become increasingly difficult, addressing whether terms are now heading away from the GPs in favour of the LPs and exploring ways in which GPs can loosen terms and offer discounts to secure allocations.
In partnership with Deloitte Luxembourg, our #2022NordicRoadshow in Helsinki and Oslo took place in October, where RBC I&TS' Johan Lindberg and Kerstin Lindgren discussed how Luxembourg's investment vehicles can help asset managers set up structures to meet investors' needs.
We would be pleased to hear from you. Please direct any comments or queries to RBC I&TS Marketing or your local RBC I&TS representative.
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