Summary
Investment managers are expanding into private credit while relying on Excel and aging technologies or systems to manage investment lifecycle operations. A hyper-modular backbone built on mastered data provides a flexible path forward. Firms can modernize one junction at a time, strengthen governance, improve scalability, and create an operating model that adapts as strategies evolve.
Phillip Bodenstab
Phil joined Arcesium in 2024 after 16 years at FactSet Research Systems where he focused on specialty sales of investment portfolio performance, market sensitivity and risk analytics for insurers and asset managers. At Arcesium, Phil partners with sales teams on acquiring new clients as well as retaining and expanding existing client relationships through technical demonstrations of Arcesium's trade lifecycle management and domain-aware data platform solutions.
Sources:
[i] Software Improvement Group, 2025. https://www.softwareimprovementgroup.com/blog/legacy-technology-in-financial-services/
[ii] The CFO, 2024. https://the-cfo.io/2024/11/21/spreadsheets-forever-58-of-finance-leaders-choose-excel-over-ai/
[iii] Deloitte, 2025 (citing a 2023 report). https://www.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook-2025.html
