In advance of the event, Delano spoke with Martin Dobbins, managing partner and independent director with Trinova. He moderates the “PropTech, the new kid on the block” panel, Wednesday at 4:45pm.
Aaron Grunwald: What do you want the audience to get most from the “proptech” panel?
Martin Dobbins: To understand how these and other fintech firms are having an impact in the PE RE environment, providing dynamic reporting and analytical tools to efficient way to provide valuations.
What tool, that is currently missing from toolbox, would be most helpful for investors in real estate funds?
The challenge in today’s environment there is still a number of manual activities, paperwork oriented. There is a need to not only improve these processes, but find ways to expedite the way to need to operate the business model. [It is the] ability to digitalise the activities and bring even closer to utilising blockchain models that will assist in reducing risk, cost and significantly improve the way to evaluation an asset and hopefully create greater liquidity.
What regulation is most under-appreciated by fund managers?
It’s not that fund managers under-appreciate the regulations, it more about understanding how new regulations will impact them and their business models. [CSSF circular] 18/698 authorisation and organisation of Luxembourg investment fund managers. Here managers want to ensure they have the appropriate governance and substance to be compliant. With the support of ALFI working groups, managers are beginning to understand these requirement and take the appropriate action.
Aside from your own talk at the ALFI event, which speech or panel are you most looking forward to hearing, and why?
It’s difficult to choose one as each of these presentation bring insightful information. But I’m looking forward to the discussion with Denise Voss and Marco Zwick from the CSSF. It’s essential to be able get a first-hand understanding and expectations on key regulations such as 18/699 directly from the regulators.