Better Outcomes For Investor Through Data Management Technology | Thomas McHugh - Finbourne
Tom McHugh, the CEO and co-founder of Finbourne, shares how they are transforming financial data management to deliver better outcomes. Tom shares the complexities of managing diverse financial data sources and how Finbourne's technology aims to simplify this landscape. He explains how their unique approach helps firms maintain gross margins, reduce fees, and enhance efficiency without overhauling existing systems. Learn about the core infrastructure of Finbourne, the role of AI and data virtualization, and the significant social impact Finbourne's solutions can bring to both investors and financial services.LINKSFinbourne: https://www.finbourne.com/📩 George's Investment Management Newsletter: https://bit.ly/3AxnyTY (Free)👨🏻💼George on Linkedin: https://www.linkedin.com/in/george-aliferis-caia-60078312/🎧 Audio version of the Podcast: https://pod.link/1511595070📹Subscribe on YouTube: https://www.youtube.com/@investology_podcastThis episode was produced by Orama - a video and podcast studio for B2B brands: https://orama.tv/About FINBOURNE TechnologyFINBOURNE’s solutions deliver an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market.Its investment management solutions and cloud-native data management platform ensure that investment and operations teams can increase revenue, reduce costs, and better manage risk across the investment life cycle. With operations in North America, the UK and Europe, Asia and Australia, FINBOURNE is trusted by some of the world’s leading financial services firms, including Fidelity International, London Stock Exchange Group, Baillie Gifford and Northern Trust.ABOUT THE INVESTOLOGY PODCASTA podcast that helps you think about critical topics and principles of investment management. Each episode explores the technology, mythology, psychology, and narratology of investment management through interviews with acclaimed authors, innovative startup founders, and industry pioneers.ABOUT GEORGE ALIFERIS (INVESTOLOGIST & HOST)With a strong background in investment management, George is on a mission to find new ways to deliver better outcomes for investors.Ex-financial markets sales: Natixis, Deutsche Bank, Invesco (Source), covering alternative investments, derivatives, ETFsFounder of Orama a podcast and video agency working with the finance industryCAIA Charterholder (Chartered Alternative Investment Analyst Association)Masters from HEC, Paris & UTDT, Buenos AiresGreek, French, UK-based (Brighton); Likes to swim, ski, surf; Dad x2TIMESTAMPS0:00 The Evolution of Data in Financial Markets00:58 Introduction to Finbourne and Its Mission02:07 Challenges in Financial Data Management04:26 Finbourne's Approach to Data Integration06:30 The Complexity of Financial Data08:31 Implementing Finbourne's Solutions10:17 Client Use Cases and Practical Applications13:32 Seamless Integration and Client Empowerment20:25 Changing the Cost of Investing22:31 Challenges of Replacing Core Infrastructure24:07 Customer-Centric Solutions27:29 Explaining the Technology29:42 AI and Data Privacy in Financial Services35:37 Managing Private and Public Assets38:37 Conclusion and Final Thoughts This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit investorama.substack.com