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Northern Trust Survey Reveals the Importance of Emerging Technology in the Data Landscape

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Northern Trust's recent technology symposium, 'Tech Horizons: Exploring the Future of Innovation', held in London on September 17, 2024, revealed key insights into the evolving data landscape for institutional investors. The live poll survey of over 100 investment professionals and industry consultants highlighted several important trends:

Digital assets are gaining traction, with 34% of respondents already incorporating or planning to add them to their portfolios. Private assets (66%), real world assets (53%), and money market funds (36%) are expected to benefit most from digital formats.

Cybersecurity remains a top concern, with 88% identifying it as a major issue. AI-driven threats are also a significant worry for 81% of respondents. However, AI is seen as potentially beneficial for portfolio optimization (over one-third), manager due diligence (26%), and risk management (21%).

The survey also revealed that only 62% of respondents have a data strategy in place, indicating a gap between recognizing data's importance and effectively integrating it into business strategies.

Il recente simposio tecnologico di Northern Trust, 'Tech Horizons: Exploring the Future of Innovation', tenutosi a Londra il 17 settembre 2024, ha rivelato importanti intuizioni sul panorama dei dati in evoluzione per gli investitori istituzionali. Il sondaggio live di oltre 100 professionisti degli investimenti e consulenti del settore ha messo in evidenza diverse tendenze significative:

Gli asset digitali stanno guadagnando terreno, con il 34% dei partecipanti che già li incorpora o pianifica di aggiungerli ai propri portafogli. Gli asset privati (66%), gli asset del mondo reale (53%) e i fondi del mercato monetario (36%) si prevede beneficeranno maggiormente dai formati digitali.

La cybersecurity rimane una preoccupazione principale, con l'88% che la identifica come un problema rilevante. Anche le minacce guidate dall'IA sono una preoccupazione significativa per l'81% dei partecipanti. Tuttavia, l'IA è vista come potenzialmente benefica per l'ottimizzazione del portafoglio (oltre un terzo), la due diligence dei gestori (26%) e la gestione del rischio (21%).

Il sondaggio ha anche rivelato che solo il 62% dei rispondenti ha una strategia per i dati, indicando un divario tra il riconoscimento dell'importanza dei dati e l'integrazione efficace nella strategia aziendale.

El reciente simposio tecnológico de Northern Trust, 'Tech Horizons: Exploring the Future of Innovation', celebrado en Londres el 17 de septiembre de 2024, reveló importantes conocimientos sobre el paisaje de datos en evolución para los inversores institucionales. La encuesta en vivo de más de 100 profesionales de la inversión y consultores de la industria destacó varias tendencias importantes:

Los activos digitales están ganando terreno, con un 34% de los encuestados que ya los incorporan o planean agregarlos a sus carteras. Se espera que los activos privados (66%), los activos del mundo real (53%) y los fondos de mercado monetario (36%) se beneficien más de los formatos digitales.

La ciberseguridad sigue siendo una de las principales preocupaciones, con un 88% identificándola como un problema importante. También hay una preocupación significativa por las amenazas impulsadas por IA para el 81% de los encuestados. Sin embargo, se ve que la IA puede ser beneficiosa para la optimización de carteras (más de un tercio), la debida diligencia de los gestores (26%) y la gestión de riesgos (21%).

La encuesta también reveló que solo el 62% de los encuestados tiene una estrategia de datos en marcha, lo que indica una brecha entre el reconocimiento de la importancia de los datos y su efectiva integración en las estrategias comerciales.

노던 트러스트의 최근 기술 심포지엄, 'Tech Horizons: Exploring the Future of Innovation'가 2024년 9월 17일 런던에서 열렸으며, 기관 투자자를 위한 데이터 환경의 변화에 대한 주요 통찰을 제공했습니다. 100명 이상의 투자 전문가 및 산업 컨설턴트를 대상으로 한 라이브 설문 조사에서는 여러 중요한 트렌드가 강조되었습니다:

디지털 자산이 주목받고 있으며, 응답자의 34%가 이미 이를 포트폴리오에 포함하거나 추가할 계획입니다. 프라이빗 자산 (66%), 실물 자산 (53%), 머니 마켓 펀드 (36%)는 디지털 포맷에서 가장 큰 혜택을 받을 것으로 기대됩니다.

사이버 보안은 여전히 주요 관심사로 남아 있으며, 88%가 이를 주요 문제로 인식하고 있습니다. AI 기반의 위협은 81%의 응답자에게도 중요한 우려 사항입니다. 그러나 AI는 포트폴리오 최적화(1/3 이상), 매니저 실사(26%), 위험 관리(21%)에 유익하다고 여겨집니다.

설문 조사에서도 참여자의 62%만이 데이터 전략을 갖추고 있어, 데이터의 중요성을 인식하고 있지만 이를 비즈니스 전략에 효과적으로 통합하지 못하고 있다는 점을 보여줍니다.

Le récent symposium technologique de Northern Trust, intitulé 'Tech Horizons: Exploring the Future of Innovation', qui s'est tenu à Londres le 17 septembre 2024, a révélé des informations clés sur l'évolution du paysage des données pour les investisseurs institutionnels. Le sondage en direct auprès de plus de 100 professionnels de l'investissement et consultants de l'industrie a mis en évidence plusieurs tendances importantes :

Les actifs numériques gagnent en importance, 34 % des répondants les intégrant déjà ou prévoyant de les ajouter à leurs portefeuilles. Les actifs privés (66 %), les actifs du monde réel (53 %) et les fonds du marché monétaire (36 %) devraient bénéficier le plus des formats numériques.

La cybersécurité reste une préoccupation majeure, 88 % des personnes l'identifiant comme un problème important. Les menaces liées à l'IA préoccupent également 81 % des répondants. Cependant, l'IA est perçue comme potentiellement bénéfique pour l'optimisation des portefeuilles (plus d'un tiers), la due diligence des gestionnaires (26 %) et la gestion des risques (21 %).

Le sondage a également révélé que seulement 62 % des répondants disposent d'une stratégie de données, indiquant un écart entre la reconnaissance de l'importance des données et leur intégration efficace dans les stratégies commerciales.

Das kürzlich abgehaltene Technologietreffen von Northern Trust mit dem Titel 'Tech Horizons: Exploring the Future of Innovation' am 17. September 2024 in London offenbarte wichtige Erkenntnisse über die sich entwickelnde Datenlandschaft für institutionelle Investoren. Die Live-Umfrage unter über 100 Investment-Professionals und Branchenberatern hob mehrere wichtige Trends hervor:

Digitale Anlagen gewinnen an Bedeutung, da 34% der Befragten diese bereits in ihre Portfolios integrieren oder planen, sie hinzuzufügen. Private Anlagen (66%), reale Vermögenswerte (53%) und Geldmarktfonds (36%) werden voraussichtlich am meisten von digitalen Formaten profitieren.

Cybersicherheit bleibt eine der größten Sorgen, da 88% sie als großes Problem identifizieren. Auch KI-gestützte Bedrohungen sind für 81% der Befragten eine erhebliche Besorgnis. Dennoch wird KI als potenziell vorteilhaft für die Portfoliooptimierung (über ein Drittel), die Due Diligence der Manager (26%) und das Risikomanagement (21%) angesehen.

Die Umfrage ergab außerdem, dass nur 62% der Befragten eine Datenstrategie haben, was auf eine Lücke zwischen der Anerkennung der Bedeutung von Daten und der effektiven Integration in die Geschäftsstrategien hinweist.

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LONDON--(BUSINESS WIRE)-- Institutional investors remain acutely focused on the changing data landscape, recognising the benefits of emerging technology while keeping an eye on ongoing concerns surrounding cyber risks and AI-driven threats. This is according to live poll survey results from Northern Trust’s recent technology symposium, ‘Tech Horizons: Exploring the Future of Innovation’.

More than 100 investment professionals and industry consultants attended Northern Trust’s event, held in London (17 September 2024). The symposium featured industry and Northern Trust experts discussing topics such as data as a strategic asset, misconceptions about digital assets, how cloud technology and AI will transform the future and the evolving cybersecurity landscape.

According to the survey, 34% of respondents have already incorporated or plan to add digital assets to their investment portfolios in the near future. This strategic movement underscores the growing recognition of the potential for digital assets to enhance diversification and drive innovation within investment line-ups.

The survey also reveals that 66% of respondents believe private assets will benefit the most from a transition to digital formats. This is closely followed by real world assets such as commodities and property (53%) and money market funds (36%). These insights reflect a broader industry trend towards the digitization of traditionally illiquid asset classes, aiming to unlock new efficiencies and value.

Cybersecurity remains a paramount concern, with 88% of respondents identifying cyber risk as a top or major issue for their organizations. The potential threats posed by advancements in AI are also significant, with 81% of respondents expressing high or moderate concern about AI-driven threats or attacks.

In the realm of AI’s positive impact, more than a third of respondents believe AI has the potential to significantly enhance portfolio optimization. Furthermore, 26% of respondents anticipate AI will transform their manager due diligence processes, while 21% foresee a substantial impact on risk management procedures.

“These findings underscore the duality of opportunities and challenges as our clients navigate their data needs with the emerging integration of digital assets and advanced technologies,” said Pete Cherecwich, incoming Chief Operating Officer at Northern Trust. “As the investment landscape continues to evolve, we remain committed to providing our clients with the insights and solutions needed to manage these dynamic changes.”

“Despite data's importance, there can be a disconnect between its role and its integration with business strategy," said Kelley Conway, head of Corporate and Digital Strategy at Northern Trust. “The survey found that only 62% of respondents have a data strategy in place, which reveals a significant gap between the value they place on data and their ability to put it to effective use in their business.”

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2024, Northern Trust had assets under custody/administration of US$16.6 trillion, and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on X (formerly Twitter) @NorthernTrust or Northern Trust Corporation on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.

Europe, Middle East, Africa & Asia-Pacific:

Camilla Greene

+44 (0) 20 7982 2176

Camilla_Greene@ntrs.com



Simon Ansell

+ 44 (0) 20 7982 1016

sa777@ntrs.com

US & Canada:

John O’Connell

+1 312 444 2388

John_O’Connell@ntrs.com

http://www.northerntrust.com

Source: Northern Trust Corporation

FAQ

What percentage of investors plan to add digital assets to their portfolios according to Northern Trust's survey?

According to Northern Trust's survey, 34% of respondents have already incorporated or plan to add digital assets to their investment portfolios in the near future.

Which asset class is expected to benefit most from digital formats according to the Northern Trust survey?

The survey reveals that 66% of respondents believe private assets will benefit the most from a transition to digital formats.

What percentage of respondents in the Northern Trust survey consider cyber risk a top or major issue?

88% of respondents identified cyber risk as a top or major issue for their organizations in the Northern Trust survey.

How many respondents in the Northern Trust survey have a data strategy in place?

The survey found that only 62% of respondents have a data strategy in place, revealing a significant gap between the value placed on data and its effective use in business.

When and where did Northern Trust hold its 'Tech Horizons: Exploring the Future of Innovation' symposium?

Northern Trust held its 'Tech Horizons: Exploring the Future of Innovation' symposium in London on September 17, 2024.

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