How Technology can Shape the Capital Markets of the Future

Capital Markets CIO Outlook | Friday, July 31, 2020

In-depth understanding of this evolution, including innovative approaches to creating and accessing capital, the financial services industry can apply many of these emerging technologies to drive progress to meet changing needs, demands and market structures.

Fremont, CA: Technology is transforming everything from the economy to lifestyle at a rapid pace. Capital markets are witnessing unprecedented technological progress that gives people the opportunity to scale efficiencies, boost flexibility, and reduce complexity in how markets operate. Leaders looking to unlock growth opportunities in this industry need to embrace technologies that have the potential to transform the capital markets ecosystem for the future.

To make the best use of technologies, leaders need to look for new ideas from other industries, such as gaming and telecommunication. Also, Leaders need to look beyond the horizon to come up with creative ways to apply technology that can benefit the development of the markets.

Cloud computing is one of the most disruptive technologies for the financial services industry. Innovation in cloud product offerings has been profuse as cloud providers compete to gain market share. Two noteworthy advances in cloud computing in the past year are the integration of time series databases and the introduction of parallel streaming in milliseconds, which gives companies a comprehensive view of activity.

Companies need to become data-driven to stay ahead in the rapidly changing capital markets. The capability of making alternative, structured, and unstructured datasets actionable can be an important differentiator between the successful and the unsuccessful. Leveraging alternative data and traditional market data can help bring additional value to the industry, which can increase transparency and accessibility.

Evolving demographics are pushing capital markets forward to adopt emerging technology and test new concepts. Worldwide changes in demographics and population growth and the changing investor profile would drive capital markets to discover innovative growth opportunities to satisfy new requirements and investor attitudes. In-depth understanding of this evolution, including innovative approaches to creating and accessing capital, the financial services industry can apply many of these emerging technologies to drive progress to meet changing needs, demands and market structures.

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