The capital market in 2019 is seeing a ubiquitous digital transformation, which is primarily driven by two factors—the need to proactively fasten the trade procession by bringing in automation and to establish a better trade risk management system that avoids the economy from hitting another recession iceberg. The capital market is now stepping the financial landmark very cautiously, and while they are doing that, technology is easing them through the process.
To begin with, deployment of artificial intelligence (AI) and machine learning (ML) to speed-up trade completion and post-trade settlement is one of the biggest technology trends gracing the market this year. With AI-driven solutions, the capital market is enabling a new level of process efficiency in tasks that are not only trade-specific but also extended to the domain of cyber financial crime and quantum computing. On the other hand, machine learning is spurring a new wave of streamlined operational efficiency for both capital suppliers and seekers in the market today.
Continuing in a similar capacity, financial industries are also deploying robotic process automation (RPA) to drive profitability and cut down regulatory investment. This is enabling the finance teams to redirect more of their time and resource on strategic issues over manual and operational ones. RPA is also leading the capital market to make some significant strides in generating intelligence at a faster rate.
At the same time, the concern of cybersecurity has let many capital market solution producers give added attention to helping their clients abide by regulatory compliances that organizations are expected to follow. Hence, a majority of capital market vendors are turning to data-driven compliance offerings to guarantee their client systematic regulations to drive their business goals.
With these tech trends disrupting the capital market, APAC CIO Outlook brings to you the ‘top 10 capital market tech solution providers’ that are permeating the market with a slew of end-to-end services and solutions. Proving its prowess in the market, companies like Arkratos is leveraging its blockchain-based platform to globally connect all the trading participants and ecosystems for eradicating pressing challenges like the absence of transparent quality assurance and inaccurate product information. Riding on a similar bandwagon is BAM Fintech, a company fueling cost-effective machine-generated micro and macroeconomic research for successful trade practices. To further substantiate the capital market transformation, CIOs working in the fintech realm have also penned their insights on the use of the technology to unleash the power of tech-driven finance. We hope this issue of the APAC CIO Outlook helps you build the partnership you and your firm need to foster an efficient business process.
We present to you APAC CIO Outlook’s “Top 10 Capital Market Tech Solution Providers – 2019.”
