October 20186 The accelerating pace of technology change has become one of the most creative and strategic force in the financial ecosystem today. Gone are the days when financial institutions viewed FinTech companies as disruptors; recently, they are partners that are pairing up to take on the challenges of a digital first world. For instance, these partnerships are helping leverage the thriving cryptocurrency networks based on the revolutionary blockchain technology to redefine financial transactions. Further, the coming of artificial intelligence has laid a new focus in areas such as client contextualization, operational efficiency, and risk mitigation. Many enterprises are working to create innovative fintech solutions using the perfect mix of these new technologies. A major development in the sector is the evolution of Chatbots that are changing the way how FinTech perceives customer centricity. These companies have realized that customer-centric approach is the cornerstone to growth and success. Also, the abominable effect of security threats has led to organizations doubling up their stance on the security front. The coming months will witness more financial giants releasing apps for better access and communication.In order to take advantage of the evolving technologies, financial institutions need to have a holistic view of their position across and beyond IT. In addition, they must be ready to handle the inevitable `next big disruption' by having the models, architecture, and vision in place to understand and implement emerging technologies without creating chaos. In an effort to assist CEOs, CIOs, and other executives find the right solution for their enterprises, APAC CIO Outlook presents to you a special edition on FinTech.Let us know your thoughts. Annie Johnson To subscribe to APACCIOOutlookVisit www.apacciooutlook.comArt & GraphicsAmelia StewartFlynn SmythToby LangtonAR RamjithManaging EditorAnnie JohnsonEditorialRedefining the Role of FinanceSenior WritersLane Adams Clara MathewRoyce D'SouzaEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowKhyati DubalCopyright © 2018 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.OCTOBER - 18 - 2018, Volume 04 SE 31 Published by ValleyMedia Inc.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comContact usPhone: +1 510.996.5168Fax: 510-894-8405Annie JohnsonManaging Editoreditor@apacciooutlook.com
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