Market Data in Asia-Pacific and Japan, Part 1: Overview and Demand Trends
Abstract
This report explores capital market trends and opportunities for innovation in the capital markets of Asia-Pacific and Japan. It places particular focus on market data use by top-tier market players (buy side, sell side, and technology vendors) pursuing trading lifecycle optimization.
Part 1 provides an overview of trends in the capital markets of Asia-Pacific and Japan before exploring areas that offer ripe opportunities for innovation.
Local banks, brokers, and asset management firms require high-quality and reliable data. Providing low latency functions is a prerequisite to providing services to large, global firms.
There is dissatisfaction with the high costs of global vendors, and this creates scope for price competition. International and Asia-Pacific markets have high expectations for services offering analytics for Japanese market data.
“In Singapore, Hong Kong, and South Korea there are many local banks, brokers, and asset management firms, the existence of which translates into demand for state-of-the-art technology solutions. Even among local market players, specialized high-quality and highly reliable data is needed. Moreover, when these entities strive to provide services to large global firms, low latency is required,” says Eiichiro Yanagawa, a senior analyst with Celent’s Asian Financial Services practice and author of the report.
Part 2 outlines scenarios for orchestrating success in growth markets, highlights three innovation opportunities, and offers ideas with an eye to realizing further innovation.
This 20-page report contains 13 figures and three tables.