Technology Disrupting the Capital Markets Industry, Redefining the Future

By Apac CIO Outlook | Thursday, September 17, 2020

Capital marketers are actively investing in new high-tech ways for offering better investment features, unleashing the potential of technology.

FREMONT, CA: Capital market innovation is a prerequisite for helping companies stay ahead by streamlining their strategies, leading to higher profitability. A report says that there is a critical need for the sector to swiftly adopt innovative solutions to stay competitive, as technology remains one of the greatest possibilities to tackle the problems of the industry and drive future development.

Data and Analytics

Data and analytics are seen as the primary enabler in the capital markets industry for the future implementation of innovation and technology change. While there has been an increased focus on information over the past ten years, mainly as a consequence of enhanced regulation, there are differing levels of acceptance in the capital market sector.

Artificial Intelligence (AI)

Artificial intelligence is anticipated to evolve quickly across various functions of banks. The need for machine learning and AI techniques grows as data and information density increases beyond manual procedures.

Distributed Ledger Technology (DLT)

As organizations explore various company applications, from digital currencies and assets to settlement, trade finance, digital identity, and intelligent contracting, DLT is disrupting the financial services industry quickly. Large-scale or industry-wide use, however, remains a long-term and ambitious goal.

Robotic Process Automation (RPA)

RPA(Robotic Process Automation) or Intelligent Automation (IA) technology is mainly used for tactical remediation and remains cost-effective, is anticipated to receive substantial investment and be used in the future for more strategic process efficiency projects.

The pace and effect of these technological modifications indicate that industry members, especially banks face a critical need to rationalize techniques to retain their competitive position in the changing landscape.