Pressure on several fronts is putting resilience in focus, whether increased regulation, participant demands or legacy systems approaching end of life. Modernized infrastructure, built with cloud at the foundation but also encompassing microservices and modular platforms, enables FMIs to allocate resources more effectively while also gaining scale and flexibility.

Industry-accepted best practices should be deployed wherever possible to lower participation barriers. Emerging economies in particular can benefit from market infrastructure built with established protocols and APIs, which appeals to international investors.

SaaS can open new doors for FMIs that embrace the deployment model. At a high level, SaaS can deliver cost efficiencies and scalability; more importantly, SaaS can plug FMIs into continuous improvement and seamless deployment of updates without traditional resource-intensive upgrades, which quickens their time to market and pace of innovation.