What’s the number one challenge financial services firms face when trying to deliver engaging investment commentaries over the long term? Finding the time and talent to produce all those engaging and well-written commentaries.But there’s more to it than that. You also have to find people with the technical knowledge to produce accurate investment commentaries.Faced with the three challenges of finding (1) time, (2) talent and (3) people with technical knowledge, it makes sense to work with an investment commentary partner that specializes in writing, editing and project managing these fundamental, but highly disruptive, deliverables. Here are five reasons why:
1. Control your operating costs
With budgets shrinking across the financial services industry, finding opportunities to manage costs is a big win for executives and managers involved in the investment commentary process. And using an outsourced partner to deliver investment commentaries can be highly cost effective by reducing the need to have expensive portfolio managers, analysts, writers and project managers working on these pieces over compressed periods of time.
2. Access expertise
An experienced investment commentary partner brings senior thinking and experience to the table. These insights are informed by running many projects across the industry. A partner that works with many companies – in many countries – brings industry and process best practices learned in the field and can apply those best practices to your investment commentary production.Related:
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An investment commentary partner has a structured process tailored specifically to these deliverables, meaning a focus on the fast and efficient delivery of your investment commentaries.
4. Quicker turnaround times
Given their expertise and resources, an investment commentary partner can get your work done faster. In this era of increasing regulatory requirements, the ability to produce well-written investment commentaries quickly is essential.
5. Frees up your resources
Your internal teams – including portfolio manager & analysts and marketing professionals – can create more value if they focus on strategic initiatives. Your investment commentary partner should be well-positioned to assume more of your ongoing needs, while also helping to improve your process for the future.Investment commentaries can be costly and take a lot of time to produce, which can distract your teams from their day-to-day responsibilities. You can get much better value by outsourcing the entire commentary process – from info gathering to writing, editing and review – to a team that specializes in this type of work.