Advancing automation across Asia
With the development of various fund passport schemes and new technologies coming through, does the increased market harmonisation in Asia have the right support in the front and back office?
There are still significant differences between markets in terms of operating standards, rates of automation, roles played by the regulators and overall objectives – all of which have an impact on the way and the rate at which automation has been adopted.
However, much work is ongoing to advance automation and strengthen operational efficiency across region. In this article, Invesco, HSBC, IFDS State Street and Euroclear share their insights on the recent work to make Asian domestic funds easier to export cross-border.