advent.com | info@advent.com Driving Front Office Productivity: An Overlooked Opportunity? THOUGHT LEADERSHIPBy Boris Bykhovsky Despite the market turbulence of 2020, the asset and wealth management industry has weathered the storm successfully and has emerged even stronger and fundamentally transformed forever. One of the biggest lessons coming out of the pandemic is the need for a strong digital backbone supporting every aspect of the business. And today, that emphasis is on the front office. Prior to the pandemic, several factors compelled asset management firms to rethink front-office operating models. As a recent Celent report put it, “consolidation of assets into single technology infrastructures, consolidation of vendors and services, creating an effective data insight

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