The emergence of ChatGPT and other artificial intelligence bots has significant implications for the future of investing. But not everyone is worried.
Tag : automation
In partnership with Tradeweb
The adoption of electronic trading is well underway in Asia – a trend that is evident in the bond market. But this electronification is just the beginning of a more general move towards the use of technology making the entire trading process more efficient, according to Li Renn Tsai, head of products and sales, Asia at Tradeweb.
Zurich-based Fundinfo is set to announce a China joint venture, while its sister company, ifund services, is eyeing its first presence in the region.
The Singaporean asset manager is aiming to boost straight-through processing rates for its fixed-income transactions to hit 75% by the year's end, from 45% now.
A new consortium of global fund managers operating in Asia wants to spread automation and standards among distributors.
UOB, OCBC, Schroders Asia, Franklin Templeton and Fubon Bank have signed up to the new SWIFTNet Funds platform.