The Best of APAC in 2017
From regulation to AI-driven solutions to quantum computing for the financial industry, Wei-Shen Wong looks back on what made headlines in the region in 2017.
Like Europe and North America, APAC firms have been prepping for tomorrow’s go-live date for Mifid II, but they obviously have their own specific challenges. Similarly, machine learning and cryptocurriences have presented their own challenges in 2017.
Here are 10 stories that addressed those issues, and more:
1. ASX Gives Green Light to Clearing Blockchain: The exchange expects to release the proposed timing for transition for market feedback by the end of March 2018.
2. Farringdon to Debut AI-Powered Asset Management: Investment selections will still be overseen by human managers before trades are executed.
3. Asia’s MiFID II Compliance Countdown: The countdown to Jan. 3, 2018, when MiFID II will take effect, is starting to sound like the ominous ticking of a time bomb. Many details of the regulation have been available for some time, yet as the clock ticks down, questions still remain over interpretation.
https://www.waterstechnology.com/regulation-compliance/3411271/asias-mifid-ii-compliance-countdown
4. Model Behavior: Banks Must Get Data Right for IFRS 9: New regulations and accounting standards are the main drivers of changes to how banks worldwide must operate, maintain their books, and manage their data, with IFRS (International Financial Reporting Standard) 9 one of the most significant.
5. Tradeweb Connects to China’s Cfets through Bond Connect Program: The offshore platform will link with Bond Connect program, giving foreign investors access to Chinese mainland fixed-income market.
6. APFIC 2017: Testing, Testing… Firms Employ Trial and Error, AI to Identify Data Value for Analytics: Refining and cleaning data may be time-consuming, but is essential to helping financial institutions perform better analysis on data, panelists in Hong Kong said.
7. Proactive Steps to Passive Trading in Asia: Asia still leans toward active investing, but that is changing.
8. Panelists: Get the Data Right Before Worrying About Next-Gen Technology: Buy-side firms are being pulled into two different directions by legacy applications and innovative new tools, noted panelists at this year’s Asia-Pacific BST Summit.
9. Nasdaq Explores Asia Alt Data Additions to Analytics Hub: In addition to datasets already under consideration, the exchange could also include data from Asia and other parts of the world across asset classes in the future.
10. Commonwealth Bank of Australia Deploys QxBranch’s Quantum Computing Simulator: CBA’s CIO: “By developing a simulated quantum computing environment this allows us to assess the feasibility and performance of applications well before the first silicon-based quantum computer is finished.”
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Ice moves to meet demand for greater cloud, AI capabilities
The exchange also outlined competitive advantages behind managing its data and cloud strategy internally during its Q1 earnings call on Thursday.
FactSet looks to build on portfolio commentary with AI
Its new solution will allow users to write attribution summaries more quickly and adds to its goal of further accelerating discoverability, automation, and innovation.
How Ally found the key to GenAI at the bottom of a teacup
Risk-and-tech chemistry—plus Microsoft’s flexibility—has seen the US lender leap from experiments to execution.
The IMD Wrap: Beginning of the end for data audits?
This week, there’s exciting news for data bean-counters in the form of a partnership between two vendors that could change the way we view and track data usage and audits.
S&P debuts Spark Assist genAI copilot, draws up ‘Blueprints’ of combined datasets
S&P’s Kensho subsidiary has rolled out new emerging tech products leveraging AI to explore and combine the vendor’s wealth of datasets to solve common use cases.
Nasdaq reshuffles tech divisions post-Adenza
Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.
Liquidnet sees electronic future for gray bond trading
TP Icap’s gray market bond trading unit has more than doubled transactions in the first quarter of 2024.
Verafin launches genAI copilot for fincrime investigators
Features include document summarization and improved research tools.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- DTCC urges affirmation focus ahead of T+1 move
- FactSet looks to build on portfolio commentary with AI