Asset owners in Asia have exhibited varying degrees of using technology solutions in their middle and back office operations, but looming regulations could accelerate such adoption.
Tag : middle office
Turbulence in Asian emerging markets has dampened broker-dealer interest in expanding into the region, says Citi's global head of direct custody and clearing.
HSBC becomes the latest global custodian to offer broker outsourcing services to top-tier broker-dealers. But some analysts say smaller brokers would gain more from these services.
The bank has responded to a global trend of increased investor demand for transparency and is expecting good pick-up in Asia.
