“The idea is not to compete – but to connect everybody.” On stage in Stockholm, Oliver Jaegemann, CEO of industry new-thinker start-up AMX (The Asset Management Exchange), described the many facets of the role he hopes his company could take in a changed financial landscape.
Perhaps it could be summed up as a connectivity platform for institutional investors to bond with their various providers. Oliver Jaegemann makes a parallell with the connectivity role of the social bed-and-breakfast platform Airbnb.
All in all, he hopes to transform the way institutional investors and asset managers do business – with implications on post trade.
One example of potential applications: Why should any excess cash lie around in custody accounts overnight at all? An integrated overview of assets and offers could, for example, enable automated cash sweeps – and place the money in the most attractive short-term positions available.
The agenda for PostTrade 360° Stockholm, at Hotel At Six on 20–21 February can be found here, and our editorial coverage will be gathered here.
You find our Linkedin posts from the event here – feel encouraged to click ”Follow”:
… and our more extensive articles on our news site: