In this Fund Intelligence article, Siepe’s CEO Michael Pusateri said the adoption of the public cloud had been slow in the investment management industry but has picked up significantly over the past two years, in part to avoid costly tech builds and upgrades for in-house cloud services, as well as increased demand from customers working to deliver flexible, transparent and easy-to-use tech solutions. Firms are also looking to stay competitive amid greater fee compression and digital transformations.
