Category: Asset Management

Build. Acquire. Repeat.

Build. Acquire. Repeat.

Some companies execute smart, strategic acquisitions better than others. Here’s a short list of publicly-traded FinTech & Info Services companies that do M&A well: CoStar Group (tkr: CSGP), Intercontinental Exchange (tkr: ICE), IHS Markit (tkr: INFO) SS&C Technologies (tkr: SSNC) and Verisk (tkr: VRSK). Click Here for Revenue, EBITDA and related metrics. We love FinTech … Continue reading Build. Acquire. Repeat.

Why Apple Needs to Build the Apple Car

Why Apple Needs to Build the Apple Car

Google, Amazon and Apple are in a war to control the extended home. The automobile is part of that equation. Google, Amazon and Apple are in a three-way heavyweight fight for home supremacy. When it comes to the home - if Google and Amazon are Joe Louis and Muhammad Ali (two pound-for-pound greats) then Apple is Archie Moore (a great heavyweight but … Continue reading Why Apple Needs to Build the Apple Car

Supervoting Shares = Poor Corporate Governance

Supervoting Shares = Poor Corporate Governance

The SEC ought not allow companies to issue supervoting or non-voting shares -  a method companies use to enable founders to exercise control beyond their share ownership. To my knowledge it has only been a few, high profile Technology companies that have used this trick. Alphabet (tkr: GOOG) split its stock into three classes in … Continue reading Supervoting Shares = Poor Corporate Governance

Securities Trading in A Blockchain World<span class="badge-status" style="background:red">Premium</span> 

Securities Trading in A Blockchain WorldPremium 

Private Blockchain Networks Will Soon Arrive It will take longer for blockchain to go mainstream than most industry analysts posit. Equity and Fixed Income trading networks, “smart” contracts for residential and commercial real estate and myriad consumer cases will all eventually become the norm. Private, closed-loop commercial networks (securities trading for example) will go mainstream … Continue reading Securities Trading in A Blockchain WorldPremium 

Acquire or Be Acquired: FinTech Lions and Lambs<span class="badge-status" style="background:red">Premium</span> 

Acquire or Be Acquired: FinTech Lions and LambsPremium 

FinTech market disruption has led to a bifurcation of FinTech providers - Lions and Lambs. See our "Lions & Lambs" company list with commentary at the end of this note. The FinTech space - whether it be the Capital Markets flavor or the Payments variety - is undergoing rapid change. Within Capital Markets - alternative … Continue reading Acquire or Be Acquired: FinTech Lions and LambsPremium 

We Expect Outsourcing Providers to Gain Traction with Insurance Carriers<span class="badge-status" style="background:red">Premium</span> 

We Expect Outsourcing Providers to Gain Traction with Insurance CarriersPremium 

Many insurers are hesitant to invest aggressively in AI & ML initiatives given that the ROIC is difficult to quantify. This conservatism combined with market disruption bodes well for technology & service providers that offer an Outsourcing option with a demonstrable ROI. Examples include Accenture, EXL Service, IBM Global Services and SS&C Technologies. Plus - … Continue reading We Expect Outsourcing Providers to Gain Traction with Insurance CarriersPremium 

Technology Buyers Would Do Well to Think Like Investors<span class="badge-status" style="background:red">Premium</span> 

Technology Buyers Would Do Well to Think Like InvestorsPremium 

When considering enterprise technology purchases – regardless of industry – corporate buyers would do well to think like investors. There are three legs to the technology evaluation stool: 1.) What is the technology provider’s value proposition? 2.) Who is the technology provider? (corporate buyers often pay insufficient attention here) 3.) What is the total cost … Continue reading Technology Buyers Would Do Well to Think Like InvestorsPremium 

CEO – Executive Team – Board (“CEB”) Alignment<span class="badge-status" style="background:red">Premium</span> 

CEO – Executive Team – Board (“CEB”) AlignmentPremium 

CEO tenure is getting shorter and we believe a primary cause is less than optimal alignment between CEOs, Executive Team members and Corporate Boards. Alignment Scale Exercise On a scale of 1-10 (10 is best) where would you rate the level of alignment between yourself and your direct reports? Between yourself and your Board of Directors?You may … Continue reading CEO – Executive Team – Board (“CEB”) AlignmentPremium 

The 3 RPA Flavors<span class="badge-status" style="background:red">Premium</span> 

The 3 RPA FlavorsPremium 

We recently published an article: "Multi-Tenant Machine Learning at Scale". Think of this RPA ("Robotic Process Automation") post as a follow-up piece as told with pictures. Our perspective is primarily through the lens of an investor as to how we would value each of the three RPA business models. You may access a PDF version … Continue reading The 3 RPA FlavorsPremium 

Will Financial Institutions Learn to Stop Worrying and Embrace Technology?<span class="badge-status" style="background:red">Premium</span> 

Will Financial Institutions Learn to Stop Worrying and Embrace Technology?Premium 

Financial Institutions May Recover Lost Glory If They Aggressively Adopt Technology Fee Compression As Far As The Eye Can See Long gone are the days of white-collared shirts, suspenders and fat fees. The Financial Services industry is reducing headcount across the board. No pocket of the capital markets is immune. Investment Banks, Depository Institutions and … Continue reading Will Financial Institutions Learn to Stop Worrying and Embrace Technology?Premium