In a financial environment where the passage of seconds can determine the difference between profit and loss, the spotlight in Asia is on the capabilities of its financial institutions - and rightly so.
In the face of increased competition and narrowing margins, the strategic focus for banks in Asia and worldwide is on optimizing process management and maximizing profitability. Local and regional banks in Asia are challenged to offer competitive services, to remain profitable and have enhanced risk management practices - all of which require significant investments in technology, business practices, and resources.
In addition, the ongoing and frequent changes in regulations and payments infrastructure that characterize...