10 Most Promising Capital Market Technology Providers - 2021

Advanced technologies like open architecture, artificial intelligence, mobile computing, blockchain and the Internet of Things (IoT) are rewriting the capital market, making them confront numerous global challenges like increased competition from financial technology firms, fee compression, compliance concerns, aging IT infrastructures and customer relevance & churn. This helps them to serve better and retain clients through various methods including the real time analysis of customer behaviors, increased intelligent automation adoption which will smoothen the process & increase the efficiency, helps the firms to launch new products faster, serve customers better and more effectively by deploying more open APIs and services. Future creates investment banks which are automated, data-led, open and agile.

Data analytics helps to make faster and better decisions by optimizing data assets. Blockchain offers a new approach to data management and sharing. It enables market participants to work real-time on shared common datasets. The increased transparency will benefit into the operations side of trade and settlement data reconciliation, eliminating the possibilities of disputes among all the counterparties. AI and machine language will help the industry move towards conversational commerce by using Chat Bots, AI and NLP at various functional levels. It has the potential to execute over 75 percent of all trading activities in microseconds with precision. Another technology, the Robotic Process Automation (RPA) reduces transaction time, also helping inaccuracy improvement and effort reduction during transaction reporting, reconciliations, and settlements & payments processes. Client onboarding, reconciliation, reporting, and corporate actions are some of the business areas where technology could be beneficial.

Understanding the need of the hour and studying key progressions and developments in this sector, team CIOReviewIndia has come-up with a list of `10 Most Promising Capital Market Technology Providers - 2021' who have proved their proficiency in the sector with a deep knowledge in technology. The following list is prepared closely scrutinized by a panel of judges consisting of CEOs, CIOs, CXO, analysts, and our editorial board. We believe that these companies will help in transforming business processes through their significant expertise and knowledge.

We present to you CIOTechOutlook 10 Most Promising Capital Market Technology Providers - 2021.