Episode 139: Broadridge on Emerging Tech in APAC

This week, Eric Bernstein, president of Broadridge’s asset management solutions business, joins the podcast to discuss some of the challenges that buy-side firms in the Asia-Pacific (APAC) region are facing, as they try an incorporate emerging technologies amid a fragmented regulatory environment. Before that, Anthony and James talk about two companies that are changing course. 1:00 IHS Markit has decided to take MarkitSERV, its post-trade processing business, off the market. Anthony and James look at potential reasons for the decision. 10:15 Algomi is shifting its focus toward its Alfa platform. It’s been a series of ups-and-downs for the vendor, and Anthony and James examine what this next move can move 19:30 Eric joins the podcast. As buy-side shops try to incorporate new technologies, including artificial intelligence (AI) and blockchain, what have been some of the main challenges? 21:00 How have data needs changed? 22:30 Eric breaks down the fragmented regulatory environment in APAC. 28:30 He then looks at how firms in Asia are embracing the cloud and fintech sandboxes. 31:30 He then gives his views on blockchain, and what its development will look like going forward. 38:00 And then a look at AI. 40:45 The importance of having a single source of data.