Fintech and the future of securities services

Bruno Campenon

Journal of Securities Operations & Custody, 2016, vol. 8, issue 2, 107-112

Abstract: Looking ahead, financial markets will continue to undergo profound changes, owing in no small part to the perpetual growth of knowledge sharing and globalisation that has helped to define the millennium years. For securities-services providers, the pace of this change will accelerate with increased consolidation, pervasive regulatory mandates, as well as greater technological innovation. Indeed, the rapid expansion of financial technology services — or fintech — will play a lead role in this ongoing evolution, as the emergence of newer, more disruptive vehicles such as blockchain streamline the business of custody, clearing, settlement and other post-trade operations as never before. Along the way, providers will find it necessary to have an increasingly multi-global as well as multi-local presence; meanwhile, resources like capital, li­quidity and collateral will continue to be closely monitored, compelling providers to be more selective while focusing on growth and market expertise. In an increasingly competitive and globalised environment, innovations such as blockchain’s decentralised master ledger could serve as a stepping stone to a far more streamlined securities-services business in the years to come.

Keywords: securities services; global­isation; consolidation; innovation; fintech; blockchain; information technology; regulation (search for similar items in EconPapers)
JEL-codes: E5 G2 K22 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/593/download/ (application/pdf)
https://hstalks.com/article/593/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jsoc00:y:2016:v:8:i:2:p:107-112

Access Statistics for this article

More articles in Journal of Securities Operations & Custody from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().