Why Asia’s instos are looking to upgrade their tech
Asset owners in Asia have exhibited varying degrees of using technology solutions in their middle and back office operations, but looming regulations could accelerate such adoption.
Asset owners and fund managers across Asia have found one consequence of the Covid-19 pandemic to be a rising need to more quickly implement technology solutions, as they seek to better streamline and aggregate their investment model to better minimise investment risk. The coming introduction of the IFRS 9 and 17 accounting standards are only likely to accelerate this embrace.
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