DIPAK ROUT, ARIHANT CAPITAL MARKETS

Can you give an overview of emerging technologies you have deployed? We have deployed below Emerging Technologies: We have deployed Hyper-converged infrastructure from Nutanix. Complete customized mobile trading application having all products in a single app, Chatbot, Complete IVR on Asterstic, DLP, Ransomware product, VAPT on Complete Server.

Which are the functions/ departments in your organization that is starting first with the emerging technologies?

Account opening, Dealing and trading, Backoffice, Institution.

How will emerging technologies like AI, Machine Learning, IOT, Big Data, Augmented Reality, Analytics etc will change the fabric of IT organizations?

Every industry is feeling the effects of the information revolution, but capital markets are a bit different. A perfect storm of stagnating revenues, increased competition and weak financial returns—a combination we’re calling “compressive disruption”—is forcing capital markets firms to evolve and re-invent in their own way.

Between now and 2022, the capital markets industry will be shaped by automation. Change is neither cheap nor easy, but firms could begin to align their organizations. Technology serves as a key driver of value migration in the capital markets industry. While speed, informational advantage, efficient customer flow, and effective use of proprietary capital have always been essential aspects of a profitable market-making business, the way these elements are implemented is changing dramatically

Capital markets firms use IT investments to update legacy systems, improve cybersecurity and the client experience and adopt new technologies. AI, process automation, the blockchain, and data security will dominate the industry’s relationship to technology this year.

#1 Blockchain: Blockchain Will Make Capital Markets More Efficient - One of the most hyped technologies today, Blockchain is estimated to be the platform that is going to store 10% of global GDP by 2027. Blockchain, or distributed ledger technology, will also become more critical for capital markets firms. Blockchain can create the smart contracts enabled with the encryption for transactions, [creating] distributed records. This will help in using real-time transparent data and create an efficient settlement and transaction processing.”