Events

Financial markets in popularly known emerging market economies (EMEs) have experienced significant structural transformations over the past two decennaries. Whereas bank-oriented finance has prevailed and dominated, capital markets have deepened, domestic currency bond markets developed, and derivatives and repo markets have grown alongside cash instruments. This market expansion and growth have advanced with rising indebtedness, mainly corporates, households, and EME sovereigns. The participants and composition of financial markets have also significantly evolved, with local banks decreasing their exposure, domestic institutional investors covering the ground, and foreign participants becoming more prominent in the investor base.

The post-crisis regulatory frameworks have been steadily falling into place, and financial institutions have changed their business models correspondingly. It is now becoming evident that the increasing pace of technological revolution is the most creative drive—and the most destructive one—in today's financial services environment. This webinar discusses the real-world implications of these technological advancements on the financial markets and their ecosystems. These technological disruptions affect participant behavior and product offerings especially considering the emergence of blockchain technology, artificial intelligence, the internet of things, and social media influences.