July 20196 Never has the importance of technology been more significant in the financial industry than today, where competition from fintech firms and big tech giants, increased expectations from the consumers, and innovations connecting data to digital delivery is driving banks and credit unions to embrace new technologies in order to build winning strategies. Continuous fintech innovation and emerging trends such as blockchain, robotic process automation (RPA), IoT, and cloud computing are set to disrupt the financial market.With the cloud, banks will have limitless computing power and data storage. Cloud provides banks with the ability to rapidly scale processing capability according to the ever-changing market developments and customer demands. By automating key processes, RPA, on the other hand, enables to analyze data faster and is far less prone to error. RPA streamlines and optimizes finance processes to improve the overall quality and reduce costs. Another technology with the potential to change the structure and function of corporate finance is blockchain. Organizations can use blockchain to reduce settlement risk, address discrepancies across enterprise resource planning (ERP) applications, and lower audit costs and complexity.Currently, the corporate finance market is buzzing with the emergence of such technologies which are set to disrupt the field. In such a scenario, APAC CIO Outlook has taken up the responsibility of examining and analyzing some of the promising solutions developed by market leaders. This edition of the magazine brings you a list of organizations that offer state-of-the-art banking and finance solutions to assist the stakeholders in accelerating their business along with articles from industry experts that reflect their insights, experiences, and suggestions to peers. We hope the valuable in-depth information and the novel solutions from leading as well as emerging companies featured in this publication will help you in making informed decisions for your business endeavors.Let us know your thoughts!Annie JohnsonEditorialUnleashing an Era of Digital FinanceAnnie JohnsonManaging Editoreditor@apacciooutlook.com To subscribe to APACCIOOutlookVisit www.apacciooutlook.comArt & GraphicsAmelia StewartFlynn SmythToby LangtonScott JuasyManaging EditorAnnie JohnsonSenior WritersLane Adams Clara MathewRoyce D'SouzaEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowDai ShihJenny Soosen Copyright © 2019 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.JULY - 16 - 2019, Volume 05 - Issue - 35 (ISSN 2644-2876)Published by ValleyMedia Inc.*"Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff"Emailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comContact usPhone: +1 510.996.5168Fax: 510-894-8405
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