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MANAGEMENT SYSTEMS OF ASSET MANAGEMENT COMPANIES AS A FINANCIAL TOOL OF THE FUTURE

Journal: International Scientific Journal "Internauka" (Vol.1, No. 145)

Publication Date:

Authors : ;

Page : 18-25

Keywords : asset management company; joint investment institute; artificial intelligence; IBM Maximo solutions; cloud technologies;

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Abstract

Today, in the conditions of the Russian Federation's full-scale war against Ukraine, the issue of ensuring the country's economic development in the future is extremely urgent. The source of economic development of any country is investments, their attraction and multiplication. Asset management companies play an important role in attracting investors' funds, their accumulation and growth. The professional activity of asset management companies is the activity of asset management of joint investment institutes, which is carried out only by certified specialists of asset management companies. The analysis of the asset management activities of institutional investors in Ukraine for 9 months of 2022 revealed key growth trends: the number of institutional investors who were in the management of asset management companies (by 131); the total value of investors' assets (by 4.8%); of the value of investors' net assets (by 7%). It has been established that the effectiveness of asset management of joint investment institutions depends on the management systems that asset management companies develop and implement to ensure the growth of investors' invested assets. The asset management system consists of innovative methods, strategies, information technologies, software and future asset growth aimed at effective asset management. The proven most promising asset management systems in Ukraine β€” IT technologies and leading software solutions from Kissflow, Service Now, SAP ERP Suite, IBM Maximo, Oracle E-Business Suite β€” are able to optimize asset management processes, assess risks and manage assets in accordance with the requirements of international standards ISO-31000 and ISO-55001, ensure the reliability of assets, increase the return on investment. These most promising management systems of asset management companies are the financial instrument of the future, as their implementation and effective use is aimed at increasing the assets of investors and investments in various sectors of the Ukrainian economy.

Last modified: 2023-07-28 15:04:33