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Capital Markets & IT -lakyara

Financial institutions are under constant pressure to reduce costs, improve operational efficiency, adapt to regulatory changes and grow their business. NRI believes that a combination financial knowledge and information technology are crucial to the industry’s growth and development. Through our lakyara reports, NRI identifies the various capital markets and IT issues impacting our clients and the future of their business.
*Organization names and job titles are current as of the publishing dates

Latest Updates

Apr. 2018

Outlook for cryptocurrencies and blockchain has turned hazy

Shin Kusunoki

The FinTech boom has largely revolved around bitcoin and blockchains in particular, even as experts warned of various risks posed by cryptocurrencies such as bitcoin. These risks manifested in full force in 2017, undermining the narrative that blockchain technology would inevitably revolutionize the financial system. The outlook for cryptocurrencies and blockchains has turned quite hazy.

Retail Business

Mar. 2018

Transformation of loyalty programs into financial services

Katsumi Tomita

The ZhongAn Group is at the forefront of insurance-related system development. ZhongAn Loyalty programs with financial features have been popping up in recent years, including programs in which point balances accrue interest or earn investment returns and programs that convert loyalty points to cash deposited in brokerage accounts. Such innovative loyalty programs are likely to become increasingly common in pursuit of both customer satisfaction and business expansion.

Chinese Capital Markets

Mar. 2018

China's risk prevention initiatives in Internet finance and FinTech sectors

Takeshi Jingu

The Chinese government is focusing on financial risk prevention again in 2018. Its efforts to regulate and improve Internet finance and FinTech should bear fruit in 2018. Meanwhile, protection of personal information has started to emerge as a new regulatory priority.

Retail Business

Mar. 2018

How should you implement your digital advice strategy?

Jasen Yang

Wealth management firms of all types are moving to implement robo-advisor solutions. Conventionally, there are three choices in implementing them: build your own, buy your own, and renting. The best choice requires an honest evaluation of your organization’s goals,
capabilities, and weaknesses.

Feb. 2018

What ZhongAn Group knows about efficient insurance system development?

Hajime Minamimoto

The ZhongAn Group is at the forefront of insurance-related system development. ZhongAn Online Property & Casualty Insurance has made a name for itself as a fast-growing global insurance technology leader, while its subsidiary, ZhongAn Technology, has been building an
insurance IT platform capable of rolling out new insurance products in rapid succession.

Risk Management

Jan. 2018

FinTech exposes subcontractor management limitations

Koji Nose

Financial institutions’ progressive push into FinTech is enlarging their networks of partners and affiliates and, in turn, increasing their exposure to external risks. Should a financial institution’s partner happen to encounter any difficulties that imperil its business continuity, the financial institution itself could be hurt at least reputationally if not financially also. Adeptness at managing all types of subcontractors is a potential determinant of business success or failure.

Asset Management

Dec. 2017

Alternative finance market poised for growth in Japan

Tomohiko Taniyama

Crowdfunding and other online financing models that directly link investors with parties seeking funding are burgeoning globally. Such innovative modes of online financing are collectively called “alternative finance” in contradistinction to the traditional financial system. In Japan, alternative finance could spawn new financial markets, beginning with crowdfunded real estate investments.

Dec. 2017

Beyond FinTech to digital transformation

While Japan's regional financial institutions have dived deeply into FinTech over the past couple of years, some are now starting to show signs of FinTech fatigue after reaching key milestones such as API implementation. Nevertheless, financial institutions must undergo true digital transformation and better provide personalized services to capture and retain customers in the digital generation that will sustain their businesses in the future.

Corporate IR

Nov. 2017

The reality of Corporate Governance Code compliance in Japan

Chie Mitsui

Japan’s Corporate Governance Code is now in the third year since its inception. In July 2017, NRI surveyed companies on how they are putting the Code into practice. The Code seeks to promote engagement between companies and institutional investors but such engagement may not be worthwhile for all companies at present.

Nov. 2017

Is RPA overhyped, or just misunderstood?

Tory Yoshida

While RPA (Robotic Process Automation) applications are starting to expand, the industry is seeing disappointing results and starting to reevaluate RPA’s actual ability to reduce costs. We need to take the actual potential of RPA technology into consideration to see more benefits such as enhancing employee value rather than cost reduction alone.