UMB Bank’s Post

For those you have missed our last Syfe x BlackRock Market Outlook event, we are co-hosting another joint event on 𝟳 𝗠𝗮𝘆 (𝗧𝘂𝗲) 𝗮𝘁 𝗖𝗲𝗻𝘁𝗿𝗮𝗹 to deep dive into different cash and income opportunities. Main stage panel will be in canto this time. Please RSVP via the registration link and join me for a drink during the networking. See you! https://lnkd.in/gTtY4Kqn #CashManagement #PassiveIncome #DigitalWealth #InvestmentEvent

BlackRock is set to revolutionize private markets by indexing them, enhancing transparency and accessibility for investors. - 📈 Aims to index private markets - 🛠️ Utilizes Preqin's data and analytics - 🌐 Integrates with Aladdin platform - 🔍 Enhances transparency and risk management - 💡 Democratizes access to private investments #investment #fintech #innovation - 📊 Preqin's data will provide comprehensive insights into private market performance. - 🖥️ Aladdin platform integration will streamline risk management and decision-making. - 🌍 Global reach offers local connectivity and unique opportunities. - 📉 Indexing private markets aligns with BlackRock's strategy for holistic investment tools. - 🚀 Investor empowerment through enhanced access and transparency in private markets. BlackRock Aims to ‘Index the Private Markets’ After Preqin Deal https://lnkd.in/g5i-GvV6

Tokenization is revolutionizing the financial industry by enhancing capital efficiency, reducing operational costs, and improving compliance measures. The below comprehensive graphic from McKinsey & Company delves into the benefits tokenization offers to asset owners, service providers, and investors alike. As well as underscoring the strategic importance of adopting tokenization technologies to not only maximize revenue opportunities but also to introduce significant efficiencies across the board. Tune into our social channels to learn all about tokenization of real-world assets and the flagship projects we are aiming to give rise to. #Tokenization #BusinessTransformation #FinancialInnovation #Tokenization #TokenizationMadeSimple #DDXglobal

BlackRock Inc. has taken a bold step by acquiring Preqin, a private-markets data provider, for £2.55 billion ($3.23 billion). While BlackRock aims to enhance its Aladdin platform and expand revenue sources, the high cost and associated risks cannot be ignored. This deal raises questions about whether BlackRock, with its limited experience in data management, can effectively integrate and leverage Preqin’s capabilities. As BlackRock navigates the polarized investment industry, this strategic bet on Preqin could either solidify its dominance or expose vulnerabilities in its diversification strategy.

Exciting to see BlackRock recognizing the potential of indexing 2&20 strategies leveraging Preqin data. The promise of low-cost "investable indices" ETFs requires combining deep experience with cutting edge replication tech, the type we've been championing for years. https://lnkd.in/e2eEMuh8

No-one doubts the importance of regulation for delivering investor protection and market stability. But the regulatory costs on asset managers are substantial and occur at a time when firms are investing heavily in digital transformation and when smaller fintech players who lack regulatory resources are trying to aid positive change in the industry. Is there a danger that regulation could hinder innovation? Do regulators take proportionality into account? And will #DORA – the digital resilience act – hinder progress, just as another slab of regulation – #MiCA – is trying to foster progress? Great panel discussion "The conflict between regulation and innovation" between Jeroen Van Oerle from Lombard Odier Investment Managers, Martin Bednall from Jacobi Asset Management, Quentin Werlé from 6 Monks (6M) and Henning Swabey from fundcraft, moderated by Nick Fitzpatrick from Funds Europe. #FundsTech #fundstechforum #fundstechforumlondon

❗ Tokenization, the Next Investing Disruption ❗ 🗣 In this episode of Advisor Upside, Ric Edelman, CBDA, founder of Digital Assets Council of Financial Professionals, talks with etf.com Wealth Management Editor Jeff Benjamin about the digital revolution in financial services. 🌐 Edelman takes us on an urgent journey into the world of #tokenization, which he believes will replace #ETFs within 10 years, sparking an “entire renaissance for the asset management and financial services industries." 💱 While citing where tokenizing is fast gaining traction in financial services, Edelman explains how every “real world asset” can be tokenized and made available for investing. 🔺 The evolution, he insists, is happening fast and shouldn’t be ignored, especially by financial advisors who don’t want to be left behind. 📈 “This will be a brand new bull market for financial advice,” said Edelman, a member of the etf.com advisory board. 🔊 Worth a listen! https://lnkd.in/gdcWrB56 #FutureofFinance #RWA #OndoFinance

A lively discussion on #Dora and #MiCar at yesterday’s Funds Tech Forum. My positioning: - Regulators come in to create a level playing field, which makes sense from a societal perspective. However, they are often late to the party (on average about 4 years), damage is already done and the rules dont always solve the problem. This last point is the reason why we developed our own #cybersecurity screening for all companies we invest in. #dora does not tackle basic cyber hygiene and does not solve the problem that over 20% of listed companies are vulnerable to exploits because of outdated software. - Once regulators come up with new rules, there is little proportionality in executing on those rules. Big bureaucratic processes are set up, which increase compliance costs and raise the barriers to entry. Paradoxically, the end-result of new rules is often a strenghtening position for incumbents and reduced competition/innovation! This does not serve clients/investors in the end. - The financial sector is a special case when it comes to regulations. Especially after 2008-2009 regulators hit the turbo-button. I am not sure if the actual services provided became safer though. Buy-now-pay-later, payment coins, spacs, DeFi, private credit etc. in many cases are just old wine in new unregulated bottles. At the same time, new rules made it costlier to serve clients, thereby leaving many “low value clients” unserved, which is contrary to intent. - Big financial institutions are scaling back on risk staff (see announcement of Lloyds Banking Group on April 10th) in a fight to stay competitive. Especially in Europe this is a hot topic, as also discussed in depth in a great FT article by Nicolai Tangen this week. The fear of being fined for not complying 100% cripples innovation. In an ideal world, financial regulations are set up to serve as clear guidelines for participants in how to offer their services to (retail) investors/clients. Rules should be easy to intepret and proportional to the size of the business. Rules should be set “in the spirit of” instead of page-thick bookworks trying to close every tiny gap that could be exploited. This should foster innovation within regulatory boundaries and create room for competition. We are far from that ideal world today, unfortunately. Will we ever get there?

BlackRock’s CEO discusses tokenization as the next evolution in finance, highlighting its potential to enhance transparency, efficiency, and accessibility. Seeing such a major industry player advocating for this transformative technology is exciting. Stocks and bonds on a ledger could revolutionize trading and asset management, making the process more streamlined and inclusive. #Tokenization #Finance #Innovation #eNor

🤩As #institutions enter the space, this article dives into the prominent trend, highlighting BlackRock's recent entrance, speculating on the future development catalyzed by big financial institutions entering the RWA #Tokenization space 👇 https://lnkd.in/d-MwagAN #DigitalAssets #InvestmentManagement #TokenizedFund #AssetManagement