HSBC believes custodians and securities services firms will align closer with FinTechs as the speed of technological change increases.
Buy-side and sell-side are challenged with implementing real technological solutions as constant innovations continue to flood the market.
The bank has already automated 40 processes through RPA for its securities services business, and is looking to deploy AI in a number of client-facing areas.
SGSS will use Addventa's artificial intelligence technology to automate the portfolio commentary process for asset managers.
Having been dramatically oversold, custodians are becoming more rational in what robotic technologies can and cannot be used for.
Our round-up of Fund Forum Berlin looks at how asset managers are looking to factor in ESG to their strategies, while the technology debate of cost vs reward rumbles on.
Asset manager panellists at Fund Forum have seen a change in mindsets towards AI, but remain wary around full-scale adoption.
Trades by JP Morgan and Citadel processed by ‘no-touch’ platform designed to remove post-trade manual processes.
SmartSteam’s head of strategy outlined ambitious plans for post-trade processes including streamlining and a rebranding of reconciliation.
The partnership signals how banks are now more open to FinTech collaboration enhance non-differential processes in the middle- and back-office.