Stringent reporting requirements are putting market participants under significant pressures.
Standard Chartered’s global head of securities services tells GC that a balance of industry experience and new blood is needed in light of new advances in the sector.
Firms look to increase tech investment in 2017 amid surge in derivatives activity.
Partnerships between FinTech and banks are seen as crucial as banks look to innovate.
Securities services must undergo a cultural shift and leverage FinTech applications to be successful in the future, according to a Sibos panel.
Change of culture needed as innovation not incentivised in banks, according to a market expert.
Experts call for infrastructure and standards at Sibos as FinTech discussions have started to sweep across the industry.
The UK’s FCA has processed 24 out 69 successful applicants for its sandbox, who will move on to testing soon.
Blockchain technology continues to divide opinion among industry participants.
FinTech development has been the subject of intense focus within the industry.