No images? Click here July 2023 Welcome to our second quarter update following a busy period for our growing team. Like all consultancy businesses, our people are our key asset, and we are delighted to be joined by several fantastic new starters who will further augment our brand of expertise led consulting. Our highlighted stories in this edition focus on Private Markets and DLT, with a spotlight on some of our leading edge capabilities to complement our traditional focus on Operating Models and Technology strategy and transformation. We also feature two episodes from our Sionic Stories series, providing insights into what makes Sionic a special place to work. We hope you enjoy this edition of our newsletter – as always, we would be delighted to hear from you if you would like to discuss any of these stories or hear more about our other services. Tokenisation in private assetsTokenisation is trending. It's also confusing. Our private market experts Dan Sharp, Ricky Maloney & Jan Chakravarthy have assessed the future landscape, including Tokeny’s Issuance, Archax’s Trading & Zodia Custody, defining a model for the entire investment lifecycle. Interview: Funds rethink private markets administrationDan Sharp, Asset Management Specialist at Sionic, a Davies Company, talks to Nick Fitzpatrick at Funds Europe about how the proliferation of private market investments and increased specialisation forces fund managers to rethink middle office and back office operation structures when working with outsourced service providers. Crypto Derivatives Firms Seek One-stop-shop for Front Office OutsourcingOur asset management specialist Ricky Maloney discussed challenges in providing risk management within the cryptocurrency environment with Gill Wadsworth, DerivSource. He said that a single comprehensive vendor is unlikely to be able to meet the needs of the entire crypto market. “Successful third-party vendors will need to provide a platform which takes into account the many challenges across as many coins that each manager requires. The less liquid the market is, the fewer data points there are, and the value of the service potentially starts to disappear. For managers active in the most liquid coins, it is not inconceivable to imagine a third-party vendor providing a solution which suits their needs however, one suspects as you start to move into the smaller cap, less liquid markets, then a bespoke internal model may well be the better alternative.” Liability Driven Investment (LDI) StrategiesLast autumn's changes to LDI portfolios have caused financial and operational strain on pension funds. Our expert, Raphael De Santos, has summarised critical concerns that require attention and how we have addressed them. Sionic Stories | Managing Partners Peter Stone, Ashley Sheen and Pino Vallejo in conversationManaging Partners Ashley Sheen, Peter Stone, and Pino Vallejo talk about what distinguishes us as a compelling place to build a career as a consultant.Watch hereSionic Stories | Meet Sascha Calisan, Sionic DirectorSascha Calisan speaks about what it's like to move from a senior in-house role into consulting as she shares her 'Sionic Story'.Watch hereNew Joiners to Asset Management PracticePlease join us in extending a warm and sincere welcome to our latest team members: Tina Wilkinson, Raphael De Santos, Natalia Blanchfield, and Mark Murray. We are thrilled to have them join our team and are eagerly anticipating the incredible contributions they will make. Discover more in our new digital brochure. |