Within Asia, China has been the undisputed leader in terms of total fintech investments raised. In other parts of the region, fintechs in South East Asia witnessed a 143% growth in funding that reached $484 million in 2018
US based order and execution management systems provider TradingScreen recently launched a ‘software as a service’ based platform for trade management and execution workflow across multiple portfolios.
Innovation by financial technology companies (fintechs) has led to many banks opening their doors for collaborations. The strategic approaches, often multidimensional, vary from investments to building an ecosystem and technology partnership
Driven by competition and rapid disruption, banks increasingly spend on technology enabled models targeted to improve customer experience and service capability. What are the recent developments and top priorities of banks in 2018?
Losses from cybercrime has increased sharply as ransomware incidents soar, ‘cybercrime as a service’ provides greater access and new threats emerge, forcing banks to implement multilayered and stronger technology enabled IT risk and security frameworks.
China CITIC Bank International redesigned its treasury and capital markets systems to improve operating efficiency, provide stronger risk management, address current and future regulatory challenges and improve new products’ time to market.
The following sections outline our proprietary methodology, which subscribers can use as a guide to understand the various research notes and analysis.