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.
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Asian countries are preparing to launch the Asia Region Funds Passport(ARFP) scheme to allow funds registered in ARFP-participant countries to be sold in other participant countries. Although the AFRP faces hurdles, it is expected to invigorate markets by facilitating cross-border fund sales among participating countries.