Regulation. Growth. Resilience. Today’s securities operating model is being pulled in multiple directions at once. For 91% of our respondents, the central challenge is how to deliver on these three potentially conflicting objectives on a daily basis.   

Major market transition is central to the FMI agenda today. Done well, these transitions can facilitate significant new efficiencies across the market and empower organizations in their agility and future-proofing.

In the medium-term legacy platforms create a critical point of risk for many FMIs and their participants.  Short and long term, legacy platforms are drawing in resources that could and should be deployed elsewhere.

Across all asset classes, the single biggest opportunity for functional growth in the capital markets is in data. 67% of firms plan to offer new reporting and analytics capabilities – well ahead of every other area of investment across the trade cycle.