--- title: "Opinions | Sharp Takes on Fund Ops & Agentic AI | Next Matter" description: "Essays on orchestration, AI agents, automation debt and the real plumbing behind modern asset management. Written by the Next Matter team." lang: en json-ld: | { "@context": "https://schema.org", "@graph": [ { "@type": "Organization", "@id": "https://nextmatter.com/#organization", "name": "Next Matter", "legalName": "Daizy NM Limited", "url": "https://nextmatter.com", "logo": "https://nextmatter.com/__l5e/assets-v1/aab354c2-e169-46fe-8e9b-0e78438471d3/nextmatter-logo.svg", "description": "Next Matter is the orchestration platform for regulated financial operations - purpose-built for asset managers, fund administrators, and wealth and wealthtech firms, not a generic workflow tool - combining AI agents, your existing systems and human approvals with governance and a complete audit trail.", "sameAs": [ "https://www.linkedin.com/company/nextmatter", "https://www.daizy.com" ] }, { "@type": "WebSite", "@id": "https://nextmatter.com/#website", "url": "https://nextmatter.com", "name": "Next Matter", "publisher": { "@id": "https://nextmatter.com/#organization" }, "inLanguage": "en" } ] } --- [![Next Matter Logo](/__l5e/assets-v1/aab354c2-e169-46fe-8e9b-0e78438471d3/nextmatter-logo.svg)](/) - [Solutions](/solutions) [ grid\_view Solutions Overview Personas, capabilities, and proof ](/solutions)[ smart\_toy AI Orchestration Coordinate agents across your stack ](/solutions/ai-orchestration)[ library\_books Workflow Library Remix production-ready workflows ](/remix) Case Studies [ ![Ocorian](https://cdn.prod.website-files.com/69a7f71677d8045f0f2d982a/69a7f71677d8045f0f2da4e8_Ocorian_trustbar.svg) Ocorian 1,800 Employees • Fund Administrator ](/case-studies/ocorian)[ ![Trade Republic](https://cdn.prod.website-files.com/69a7f71677d8045f0f2d982a/69a7f71677d8045f0f2da4e9_traderpublic_trustbar.svg) Trade Republic 10M Customers • Online Trading Platform ](/case-studies/trade-republic)[ ![b2Venture](/__l5e/assets-v1/40232f5e-b66d-45f6-8d04-8be40304d172/b2venture-logo.png) b2Venture $800mn AUM • Venture Capital Firm ](/case-studies/b2venture)[ ![Swan](/__l5e/assets-v1/ef4919d4-3042-430f-b1a2-10b7da14c889/swan-logo.webp#lh=1500x401) Swan BaaS leader • Embedded Banking Platform ](/case-studies/swan) - [Platform](/platform) [ hub Platform Overview Built for Fund Operations ](/platform)[ build Workflow Builder Build long-running orchestrations ](/workflow-builder)[ smart\_toy AI & Automation Agents, models and guardrails ](/ai-and-automation)[ extension Integrations Core Ledger & Ecosystem Connectivity ](/integrations)[ verified\_user Governance & Audit Approvals and a full audit trail ](/governance-and-audit)[ shield Security SOC 2, ISO 27001, data residency ](/security) - Resources [ forum Ask a Technical Question Chat with the docs AI assistant ](https://help.nextmatter.com/docs/integrate-across-tools?assistant)[ campaign Opinions Perspectives from our team ](/opinions) [Sign in](https://app.nextmatter.com/login) [Talk to us](/book-a-demo) forum Opinions # Sharp takes from the front line Essays and points of view from the Next Matter team on orchestration, automation, AI agents and what actually works inside regulated fund operations. [ Orchestration ## The Automation Trap: Why APIs and Orchestrations Won't Fix Fund Operations Treating APIs, orchestrations and orchestration as interchangeable is the root cause of automation debt. Here's the difference - and why fund services needs the third one. Jonty Hurwitz · Founder Read arrow\_forward ](/opinions/automation-trap)[ AI in fund ops ## "Why can't I just use AI to do this myself?" The hidden cost of DIY AI An LLM is a brilliant, stateless reasoning engine. Fund operations needs state, governance and audit. Here's why DIY AI quietly becomes a million-dollar science experiment. Jonty Hurwitz · Founder Read arrow\_forward ](/opinions/diy-ai)[ Fund administration ## Fund onboarding automation: automating KYC & AML without losing the audit trail Moving investor onboarding off spreadsheets and shared inboxes, without destroying defensibility. The governed orchestration blueprint for LP onboarding. Jonty Hurwitz · Founder Read arrow\_forward ](/opinions/investor-onboarding-kyc-audit-trail)[ AI governance ## The compliance excuse: what's actually blocking AI in fund operations "Compliance won't let us" is the most common explanation for a stalled AI programme, and almost never the real one. The reframe, and what to fix instead. Jonty Hurwitz · Founder Read arrow\_forward ](/opinions/compliance-excuse)[ Platform replacement ## Migration isn't the fix: replacing a legacy workflow platform in financial operations Every replacement project starts because change has become too slow. Most end with the same bottleneck running on a newer logo. Here's the test that separates the two. Jonty Hurwitz · Founder Read arrow\_forward ](/opinions/legacy-platform-trap)[ Fund operations ## How to give leadership real-time operational transparency across fund operations Fund leadership doesn't lack data - it lacks live data it can trust. Closing the visibility gap with a governed, real-time operations dashboard. Jonty Hurwitz · Founder Read arrow\_forward ](/opinions/fund-operations-transparency-dashboard)[ Fund administration ## The Headcount Trap: why scaling fund ops no longer means scaling payroll Hiring more analysts used to be how fund administrators scaled. In 2026 it's the slowest, riskiest option on the table. Here's the governed orchestration alternative. Jonty Hurwitz · Founder Read arrow\_forward ](/opinions/headcount-trap-fund-ops)[ Fund operations ## The Point Solution Trap: Software to Automate Capital Calls, NAV, KYC and Investor Onboarding for Funds Point solutions, legacy BPMS suites and orchestration platforms compared, against the daily reality of running regulated fund operations. Jonty Hurwitz · Founder Read arrow\_forward ](/opinions/software-automate-fund-operations)[ Process management ## What "work" actually means. Why it matters for process management Errands, projects, processes. Understanding the difference is the first step to digitising the work that actually runs your business - and to seeing why spreadsheets and email keep failing at it. Tassilo Karunarathna · Next Matter Read arrow\_forward ](/opinions/meaning-of-work) ![Next Matter](/__l5e/assets-v1/aab354c2-e169-46fe-8e9b-0e78438471d3/nextmatter-logo.svg) The agentic operating system for modern financial services. A Daizy company. [](https://www.linkedin.com/company/nextmatter) Case studies - [Ocorian](/case-studies/ocorian) - [Trade Republic](/case-studies/trade-republic) - [Swan](/case-studies/swan) - [b2Venture](/case-studies/b2venture) - [All case studies](/case-studies) Solutions - [Solutions overview](/solutions) - [AI Orchestration](/solutions/ai-orchestration) - [Workflow library](/remix) Platform - [Platform overview](/platform) - [Workflow Builder](/workflow-builder) - [AI & Automation](/ai-and-automation) - [Integrations](/integrations) - [Governance & Audit](/governance-and-audit) - [Security](/security) - [System status](https://status.nextmatter.com/) Capabilities - [AI Financial Reporting](/ai-financial-reporting) - [Operational Intelligence](/operational-intelligence) - [Exception Handling](/exception-handling) - [Team Interfaces](/team-interfaces) - [Guest Interfaces](/guest-interfaces) - [Manager Dashboard](/manager-dashboard) - [Builder Toolbox](/builder-toolbox) Company - [About](/about) - [Careers](/careers) - [Opinions](/opinions) - [Answers](/answers) - [Documentation](https://help.nextmatter.com/docs/integrate-across-tools) - [Ask a Technical Question](https://help.nextmatter.com/docs/integrate-across-tools?assistant) Certified Secure [![AICPA SOC 2 for Service Organizations](https://cdn.prod.website-files.com/69a7f71677d8045f0f2d982a/69a7f71677d8045f0f2da55f_logo_SOC2.svg)](https://app.drata.com/trust/d62cb1a1-96df-4741-8058-97ecbc4ff345/) [![GDPR compliant](https://cdn.prod.website-files.com/69a7f71677d8045f0f2d982a/69a7f71677d8045f0f2da561_logo_GDPR.svg)](https://app.drata.com/trust/d62cb1a1-96df-4741-8058-97ecbc4ff345/) [![SOC 2 Type 2 compliant 2025](https://cdn.prod.website-files.com/69a7f71677d8045f0f2d982a/69eb389eff4de1586e1d2f14_Daizy%20SOC%202%20Type%202.png)](https://app.drata.com/trust/d62cb1a1-96df-4741-8058-97ecbc4ff345/) © 2026 Daizy NM Ltd. All rights reserved. A Daizy company [Terms of Service](/terms-of-service) [Privacy Policy](/privacy-policy) [Data Processing Agreement](/data-processing-agreement) Solutions - [Solutions Overview](/solutions) - [AI Orchestration](/solutions/ai-orchestration) - [Workflow Library](/remix) Case Studies - [Ocorian](/case-studies/ocorian) - [Trade Republic](/case-studies/trade-republic) - [b2Venture](/case-studies/b2venture) - [Swan](/case-studies/swan) Platform - [Platform Overview](/platform) - [Workflow Builder](/workflow-builder) - [AI & Automation](/ai-and-automation) - [Integrations](/integrations) - [Governance & Audit](/governance-and-audit) - [Security](/security) Resources - [Ask a Technical Question](https://help.nextmatter.com/docs/integrate-across-tools?assistant) - [Opinions](/opinions) [Sign in](https://app.nextmatter.com/login) [Talk to us](/book-a-demo)