Technology

Global markets resilience is increasingly being tested by geopolitical shocks, liquidity pressures, leverage and technology-related disruptions. Recent episodes have shown that trading, funding and settlement can continue under stress, but they have also highlighted how quickly vulnerabilities can move...

Financial markets are becoming faster, more data-intensive and more interconnected, putting pressure on the processes banks use to execute, reconcile and control transactions. Faster settlement cycles, structured financial data, digital infrastructure and expanding automation are changing how work moves...

Collateral is becoming an increasingly important part of how financial institutions manage liquidity across repo, derivatives, securities financing and central clearing activities. As these markets become more interconnected, the ability to access and deploy eligible assets efficiently is taking...

Wholesale finance is entering a phase in which the form of money used for settlement is becoming part of the wider market infrastructure discussion. Banks, central banks and financial institutions are testing tokenised forms of money alongside tokenised assets,...

Financial markets are extending beyond traditional daytime sessions as exchanges respond to investors operating across time zones and seeking more continuous access. The trend is no longer limited to a few electronic venues. South Korea began 24-hour onshore spot...

As financial markets evolve, central clearing is expanding beyond its traditional role in standardised over-the-counter derivatives. Regulators in major markets are bringing additional transaction types into clearing frameworks while also reconsidering how clearing infrastructure should operate across jurisdictions. In...

Capital markets are becoming increasingly connected, but financial integration is not advancing at the same pace across jurisdictions. The International Monetary Fund (IMF) found that Asia-Pacific accounted for around 33% of global gross domestic product (GDP) and trade in...