MINDTREE - TechTrends in Global Capital Markets
Summary
The MINDTREE TechTrends in Global Capital Markets report is an analysis of the technological transformations currently taking place in the financial industry, specifically in the capital markets. The report notes that the entire financial industry, particularly capital markets, is experiencing a wave of transformations, as technological infrastructures are being upgraded to next-gen technologies and business models and customer experiences are also being redefined to meet new economic realities. It highlights how competition from fintechs are encroaching on traditional banking services, particularly due to their tech adoption and customer-centric services, which has posed significant challenges to the hitherto reliable revenue zones of banks. It notes that the changes are driving banks to transform their legacy infrastructure to become more agile and lean, and necessitate reshaping the service approach to a more customer-centric approach. It also points out that the large-scale change in the technology stack of banks also alters the way trading business and associated functions operate. The report provides insights and strategies for businesses to adapt and thrive in this rapidly changing world. Overall, the MINDTREE TechTrends in Global Capital Markets report is a comprehensive look at the future of the capital markets and how it will be impacted by technological transformations.
Region:
Global
Published:
January 2023
Author(s):
MINDTREE
Language:
English