Asian Banking Finance: Technology Revolutionizes Capital Markets Platforms in Japan
By Eiichiro Yanagawa, Senior Analyst, Celent.
The focus for financial and capital markets have shifted to a balancing act of monetary tightening to lower inflation without tipping into recession.
Post-pandemic capital markets
The year 2022 brought changes, as capital market players grappled with challenges in the post-pandemic world. A fundamental rethinking and assessment was imminent not just for capital markets but across consumer lifestyles overall—from private consumption to medicine, education, and more. With the end of historically low interest rates in the US and other Western nations, the focus for financial and capital markets seems to have shifted to the balancing act more monetary tightening to control and lower inflation without tipping into recession.
However, the speed of change and market volatility when it comes to interest rates, foreign exchange rates, and securities has exceeded anything anyone anticipated, and the resulting scale of change and exit point remain unclear. Right now, perhaps the only certainty is that innovation will continue and will be driven by technology.
This post is based on the results of Celent’s 2022 fall survey on technology-driven innovation in capital market platforms in the Japanese market. The survey highlights the efforts of market participants to overcome challenges and blaze new trails in post-pandemic capital markets. Below is a summary of key findings and the outlook going forward.
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You can access the original source and its Celent report here.