“In the Asia Pacific region, banks are expected to spend close to US$40 billion on IT in 2005. Spending is increasing at a steady rate of more than 7% per year, and should continue to do so for the foreseeable future… the Asia Pacific region is emerging as a leader in core systems replacement”

Neil Katkov Senior Analyst, Celent

CONCEPT

THE RIGHT DECISIONS ARE MORE IMPORTANT THAN EVER

The financial services technology space in Asia-Pacific will be a US$35 billion revenue opportunity by 2006, driven by expansion in the emerging Chinese and Indian markets and the recovery in Japan.

As Asian regulators implement Basel II and international accounting standards, firms throughout the region are looking at technologies that allow them to process more efficiently. Domestic consolidation and increasing cross-border investments are creating new competitors and forging channels between local and international players.

To capitalise on this opportunity, it is essential that IT vendors develop localised offerings and target the rapidly expanding life and pensions sector.

MANAGING CHANGE

FST (Financial Services Technology) is the first in a series of analytical reports exploring key technology trends in Asia-Pacific’s financial services sector. It aims to succinctly conceptualise key business and technology pressures and to identify and quantify trends in technology use.

Through analysis of the technology market by geography, vertical market sector, source and activity, the report provides regional analysis at micro level. Country coverage includes Australia, China, Hong Kong, India, Japan, Taiwan, Singapore and South Korea.

GDS International is a media leader in the US financial services market. FST’s Asia Pacific Edition has been created to provide critical business information on leading-edge IT solutions to the region’s financial services sector.

FST helps C-level executives make informed decisions about technology and operations.

FST focuses on the issues uppermost in the minds of managers striving to align technology with business strategy. These include identifying new and existing technologies, cost reduction, minimising IT risks, and maximising return on investment.

WHY SHOULD YOU PARTICIPATE IN FST ASIA?

FST will be acknowledged as the thought leadership platform for learning, cross-pollination of ideas and knowledge sharing between Asia’s bankers and their overseas peers from the world’s leading banking and financial centres.

FST will be the ‘regional’ publication for Asia’s banking industry, covering all banking and operational issues.

FST will provide insights into and understanding of the challenges faced by Asia’s banking institutions

FST will be a focused platform for networking with your targeted audience – or to interact with your peers from Asia’s banking and finance services sector.