Today’s securities operating model is being pulled in multiple directions at once. A new report from Nasdaq and ValueExchange details the challenges and opportunities facing financial market infrastructures (FMIs).
These are the most pressing priorities for global FMIs as they navigate an increasingly volatile and changing business environment.
To develop a global pulse on how 300+ decision-makers across the post-trade value chain are thinking about transformation, Nasdaq and ValueExchange partnered to survey FMIs and participants on their challenges, budgets, modernization strategies and more.
Here are the top takeaways.
As a truly industry-wide survey, we have benefited from the insights of over 300 decision-makers from organizations across the capital markets globally in compiling this research.
The scope and scale of regulatory imperatives like T+1 and CSDR are forcing FMIs to assess their entire operations. The ultimate impact is that regulation can no longer be satisfied with patchwork solutions but platform transformation.
Emerging technologies bring new business opportunities but they also bring competition. Digital assets can open doors to new revenue and cloud is a core enabler of many firms’ transformation agendas. The challenge in translating technical opportunities into concrete workflow efficiencies for FMIs is complex.
How can FMIs achieve compliance and growth all while fulfilling their core obligation to market resilience? That’s the big question—and it’s complicated by legacy upkeep competing with scalable modernization.
The path forward will require FMIs to manage major transitions: 37% of firms expect to go through a large-scale system overhaul in the next five years. While technology considerations will be rightly top of mind, leaders must also ensure they address the softer factors of change—i.e., tending to the culture, people and principles that underpin operations. For any change effort to succeed, FMIs must gain buy-in, communicate with stakeholders and set a vision for the future.
The first person we hired in our platform transformation project was a staff coach. We needed to get all of our teams ready to be part of a change team well before we could start looking at systems and processes
12% of FMI budgets go toward cloud migration, the second-biggest trend behind legacy maintenance
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Participants ranked carbon credits, crypto and REITs as more important to their future strategies than bonds—and are looking to FMIs for standardization and market efficiencies
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67% of firms expect to launch new data analytics and reporting capabilities within three years, far outpacing any investment area
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Nasdaq partnered with ValueExchange to develop a global pulse on how 300+ decision-makers spanning global post-trade constituents are actioning their transformation journeys.
Please check your inbox for the report.
Listen to Barnaby Nelson at The ValueExchange, Alejandro Berney at Caja de Valores, Jeffrey King at Citi and Christian Sjöberg at Nasdaq discuss critical industry themes such as regulatory changes, accelerated technology innovation, disruption and modernization.
Listen to Barnaby Nelson at The ValueExchange, Alejandro Berney at Caja de Valores, Jeffrey King at Citi and Christian Sjöberg at Nasdaq discuss critical industry themes such as regulatory changes, accelerated technology innovation, disruption and modernization.
Please check your inbox for the link to watch the webinar.
Magnus Haglind, Nasdaq Marketplace Technology's Head of Product, shares his thoughts on a recent post-trade survey conducted by ValueExchange and Nasdaq, focusing in on regulation, settlement acceleration and the need for change.
Nasdaq and VX partnered to survey the post-trade value chain on challenges, opportunities and legacy technology. We’ve curated and illustrated key insights here on regulation, growth, resilience, regional trends and more.
Learn more about the intricacies of infrastructure modernization, cloud adoption and how to lay the groundwork for long-term success.
Learn more about the intricacies of infrastructure modernization, cloud adoption and how to lay the groundwork for long-term success.
Check your inbox for the whitepaper.
This change management checklist from Nasdaq's Christian Sjoberg and Gerard Smith outlines key project phases and steps to help FMIs modernize.
This change management checklist from Nasdaq's Christian Sjoberg and Gerard Smith outlines key project phases and steps to help FMIs modernize.
Check your inbox for a link to download the report.
Learn how Depósito Central de Valores (DCV) leverages Nasdaq technology to modernize and evolve Chile’s capital markets infrastructure for future growth.
Check your inbox for the case study.
Effectively manage multiple business opportunities including Settlement, Depository, Registry and Asset Servicing.
Effectively manage multiple business opportunities including Settlement, Depository, Registry and Asset Servicing.
Leverage high-velocity, real-time, cross-asset class clearing and settlement with Nasdaq's Clearing Technology.
Leverage high-velocity, real-time, cross-asset class clearing and settlement with Nasdaq's Clearing Technology.
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CCP Risk Technology provides cross-asset, real-time risk controls to safeguard CCPs and optimize their business.
