Table of Contents

2009 Trends to Watch Financial Markets - Technology markets are changing fast. This brief is essential reading for you to identify and track the key forces shaping the prospects for your business.

Product Code: bftc2262

 

Publication Date: 27-Jan-2009


Overview

Introduction

Technology markets are changing fast. This brief is essential reading for you to identify and track the key forces shaping the prospects for your business in light of the global financial crisis. In this piece, Datamonitor's senior analyst specializing in financial markets will outline the trends in your market, explain how this has shaped our research agenda for 2009

Scope

·         Focuses on APAC, Nth America, and Europe in light of the global financial crisis and the outlook for 2009

·         Explores how business trends and institution strategies across this industry are driving IT priorities, decision making and technology investment.

Report Highlights

Datamonitor expects the key areas of focus given the continuing fall out from the global financial crisis to be a focus on risk management policies and solutions. Efficiency gains will be sought through re-engineering of existing infrastructure as a more risk averse climate descends. Flexibility in responding to regulatory changes will be key.

Reasons to Purchase

·         This brief is essential reading for you to identify and track the key forces shaping the prospects for your business.

·         Datamonitor's senior analyst will outline the trends in your market, explain how this has shaped our research agenda for 2009.


DATAMONITOR VIEW

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CATALYST

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SUMMARY

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ANALYSIS

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Institutions will remain focused on survival rather than growth, driving risk management, reporting transparency and cost control as strategic priorities

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Greater oversight of operations and reporting transparency should be part of the regulatory response to the crisis

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The crisis will see further consolidation and government intervention in banking sector.

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Executive decision making will shift to Asia, with more resilient IT spending in this region

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Despite slowdown, relative strength will drive a shift in bank decision making power to Asia

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Development of market reporting under Basel will drive IT investment

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Asian markets continue to get serious about fraud and AML measures

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Transparency demands will benefit exchanges as the OTC market shrinks, however, competition from new players will drive continued focus on price, speed and throughput

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The competition between exchanges is driving the low-latency arms race

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Development of a global CDS clearing house will have dramatic effects for the industry

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OTC products continue to move onto listed exchanges

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Despite harsh market conditions, wealth management IT spend will be relatively resilient as client retention and reporting transparency forces investment

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The alternative investment industry will shift to a more specialized services role to survive

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The exit of hedge funds from a range of investment classes will see a lessening of volatility

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Hedge funds will review their prime brokerage relationships

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The Madoff scandal has prompted the adoption of outsourcing

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ACTIONS

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Impacts on participants in financial markets

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Recommendations for those selling into financial markets

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APPENDIX

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Methodology

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Further reading

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Ask the analyst

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Datamonitor consulting

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Disclaimer

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List of Tables

 

Table 1: Exchange consolidation history

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List of Figures

 

Figure 1: Financial markets IT spending in emerging Asia Pacific economies will be more resilient that in mature markets

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Figure 2: Fraud and process automation key APAC investment areas

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