In The Matrix, Morpheus famously offers Neo a choice: take the red pill or the blue. Neo makes his decision in less than 20 seconds. But in those 20 seconds he opens a completely new world.
It’s rare that we face decisions as monumental as Neo’s. Butthat choice between quiet complacency and profound change is one we all have to make.
In capital markets, the status quo still rules. It’s opaque. There’s no sense of control. For now.
A client of ours, a European asset manager, has been lending securities for some time through one of their custodian banks. However, the programme is a black box.
They receive monthly fees and reports but they can’t proactively capture opportunities to enhance their returns.
Our client knows what they’d rather have.