Market conditions and regulation will force banks to improve their systems
By Fredrik Sjöblom, head of
Post-Trade, Market Technology, Nasdaq
2017 will be a year of seismic and
extraordinary change for post-trade. This may seem like a bold
claim in an industry that has always been associated with an
evolutionary risk-averse approach that has kept it out of the
limelight for all the right reasons. However at a
minimum, a quiet technological revolution seems inevitable
because, however you look at it, 2017 will see a number of game
changing events for the Post-Trade world.
Regulatory and market pressure for ever
more capital efficiency and transparency will combine with an
industry wide review of existing systems creating a moment for
the industry as it moves en-masse to new technology solutions.
In addition, more and more products and asset classes will be
moving from over-the-counter (OTC) to formalised clearing,
meaning this technology tipping point will generate its own
momentum as firms build their systems to cope with the new
demand. In a new landscape where fast change will be the only
certainty the leaders will be the ones with technologies that
not only maximise capital and margin efficiency but are also
future proofed with the ability to rapidly adapt to include
breakthroughs in blockchain and Artificial Intelligence (AI),
which the industry expects to characterise in the next five
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