Broken pipes, rising costs: the Infrastructure challenge in Asset Management
Everyone wants AI. The data foundation to support it is another story. In this episode, Sandra and Björn are joined by Declan Byrne, PwC Asset & Wealth Management Global Assurance Leader, and Dariush Yazdani, PwC Global AWM Market Research Centre Leader, for a sneak preview of a new global survey of 150 asset managers and 50 infrastructure providers. The verdict? The industry doesn't have a technology problem, it has a connectivity problem. And it's costing them. From the 68% cost-to-income ratio that hasn't budged in eight years, to the $44 billion spent annually on market data (what they call a "tax on fragmentation"), to the build/buy/partner decisions that will define the next decade, this episode gets into the infrastructure questions that most people skip straight past on their way to talking about AI.

