Today’s customers demand a rich ecosystem of value-added services and holistic capital and asset management solutions. This requires a complete reconfiguration of core systems, enabling competitive advantage and sustenance in the long run. Globally, most companies are now embracing agile and experience-centric capital market and asset management solutions. Thus, banks need to collaborate with experts with deep domain knowledge and expertise in designing and implementing contingency plans to mitigate security and regulatory risks. This will empower banks with a holistic approach to prepare for future risk and regulatory uncertainties. They should focus on optimum utilization of resources, strategic versus tactical spending, technical solutions to meet regulatory demands, cyber resilience platforms to protect from cyber threats, and a robust governance model for successful implementation.
The future of global capital markets will be determined based on how companies manage risk, regulation, and capital to establish new operating models and leverage information advantage. Regulatory bodies and banks should radically harness emerging technologies to innovate and participate in digital transformation. Embracing modernization, simplification, and automation technologies will allow investment banks, exchanges, and asset and wealth management firms to reach operational excellence.
In this edition of Capital Markets CIO Outlook, we present to you the list of “Top 5 Capital Market Technology Solution Providers in UK – 2021.” The list throws light on the Capital Markets Technology Solution Providers that assist the vendor’s capability to fulfil the burning need of cost-effective and flexible solutions to tackle complex capital market challenges.
