Report findings reveal that strong financial regulatory markets enable Cloud environment. The Asia Cloud Computing Association (ACCA) has released its 2021 report on the financial services sector, Better on the Cloud – Financial Services in Asia Pacific. This is the third iteration of this report, examining the nuances of cloud and technology…
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Despite extraordinary change and uncertainty financial services invests in robotic processing software. There is a surging demand from financial services for a new level of data analytics, automation, and AI capabilities to attain business continuity, digital resiliency, and operational effectiveness. IDC’s recently published the report, Asia/Pacific Financial Services: RPA Software…
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The rapid adoption of digital solutions has enhanced the economic and social well-being of millions of people around the world. The Monetary Authority of Singapore (MAS) believes that while digital solutions have helped keep countries going during a global pandemic. Many of these solutions are not interoperable and digital transactions…
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The ability to lend well in crisis conditions has received a lot of attention especially among the APAC’s largest institutions The return of risk management as a key driver for technology investments and business decisions, particularly in what seems to be a point of entry for a crisis: credit risk.…
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Spending to reach US$4.29 billion by 2024. The spending on AI by the financial services sector in Asia Pacific is estimated to grow at a compound annual growth rate (CAGR) of 22.1 per cent in the 2019–2024 period to reach US$4.29 billion in 2024. Currently, the financial services spending in…
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Global financial services CISOs and CIOs have seen increased cybersecurity attacks since Covid-19. Large financial services firms have suffered a cyber-attack in the last 12 months, according to new research from data security provider HelpSystems. The research shows 65 per cent of global FS firms suffered an attack. It also…
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