Beyond Tomorrow In The Capital Markets

Technological advances are indisputably reshaping how firms in the capital markets operate, however, as the reliance on technology grows, so does the impact of glitches and outages when they occur. Take the CrowdStrike global outage, for example, which caused an estimated $1.15BN and $140M in financial losses for the banking and financial sectors respectively. 

The consecutive outages expose the fragility of technical infrastructure and underscore a need for better operational resilience across the capital markets. It also reiterates the importance of preparing for the EU’s Digital Operational Resilience Act (DORA), implementing uniform operational resilience rules for financial entities throughout Europe, and its equivalents elsewhere. 

This Finextra whitepaper, produced in association with CJC, explores: 

• The challenges in the capital markets industry; 
• How institutions can address these challenges; 
• Ensuring future resilience by bridging the skills gap; 
• Real-world case studies; 
• And more.