2024 年——市场基础设施转型的转折点

“全球传统交易所正处于关键时刻”，观察者
德勤《2024年银行业和资本市场展望》 报告。 “他们现在做出的战略选择可能决定他们是否继续增长——甚至保留——市场份额并获得更高的利润。” 

当今的市场基础设施提供商需要应对日益增加的复杂性和不可预测性。这些压力反过来又加剧了迫切需要对过时的基础设施进行现代化改造和解决技术债务的问题。

2024 is the year, I believe, we will bear witness to the much-anticipated tipping point for transformation of market infrastructure. The question now is: How can you ensure that your technological upgrade will be delivered within a timeframe that secures
your competitiveness?

艰难的选择

In the rapidly maturing and advanced landscape of trading technology, staying current is no longer optional. It has become imperative that outdated infrastructure for day-to-day operations is replaced, ensuring the robustness and endurance of the overall
technological framework.

Yet strategic choices, particularly concerning market infrastructure technology, are not always straightforward. Legacy providers, in particular, find themselves constrained by outdated technology – from constant project delays and cost concerns, to the
difficulty in implementing new features within their existing systems. The limitations of the old legacy systems are becoming increasingly apparent, especially when reaching their end-of-life date (when a vendor no longer markets, sells or releases that particular
equipment). As such, many exchanges are actively seeking new solutions to modernise their operations and remain competitive in an ever-evolving technological landscape.

最近发表的一篇文章
奥纬咨询（Oliver Wyman） advises: “A wave of high-profile, drastic cost-cutting measures have been undertaken by the leading technology outfits and banks – and market infrastructure groups will not be exempt from economising. That’s why it’s important that market infrastructure
groups emphasise and deliver on sustainable performance improvements, mindful of their longer-term strategic growth agenda.”

纳斯达克首席执行官阿迪娜·弗里德曼对此表示同意，并向客户保证，如果有远见，基础设施升级可以带来多年的增长。然而她也

注意事项：“投资复原力很困难，成本可能很高，而且回报周期较长……”

但情况总是如此吗？它真的需要如此困难、昂贵和耗时吗？

更简单的替代方案：基于云的资本级解决方案

如果转型是由与云无关、以数字为中心的技术供应商解决的，那么按理说，通过 SaaS 提供的基于云的资本级解决方案（大大缩短了上市时间）应该成为常态。 

Similar to other industries undergoing digital transformation, modern technology solutions are also becoming accessible for regulated exchanges – solutions that can easily handle, for example, more advanced trading strategies and new asset types. In particular,
these cloud-agnostic solutions still allow for deployment in on-premises setups with low-latency requirements, and across various environments (excluding production), resulting in substantial cost savings.

Previously, a CIO would be tempted to pay obscene amounts of money for what was considered a ‘safe’, albeit legacy-based, provider. Now forward-thinking decision-makers realise they need to change their approach, and are reviewing all available options in
order to ensure competitiveness. 

These forward-thinking decision-makers are asking the following question of their technology providers: Is there a multicloud offering? Can the system handle tokenisation and new asset types? What is the timeframe required for the development of a brand
new marketplace? And can maximum speeds of latency be maintained for high-frequency trading?

真实的结果

In this year of ‘make or break’ for exchanges, I question the naysayers seemingly set against true innovative change. Those vendors who contend that investing in technology is hard, expensive and long, seem to often veer towards strategies that ultimately
delay and postpone change. Who does this really help?

进入新的一年，交易所需要反思：你的技术是促进者，而不是阻碍者？您的技术能力与您的目标无缝契合吗？它们是否能够提供可靠的交付？

Successful exchanges will be those ready to adopt innovative technologies. An authentic understanding of the complexities involved with modern, digital-first infrastructures is therefore crucial. Furthermore, leveraging SaaS in this instance can mean advancing
your team’s velocity, since implementing this change will improve engagement, retention and elevate your team’s capabilities for agility, thus ushering in a departure from traditional big bang projects.

毕竟，这不仅关系到交易所的业绩，还可能关系到它的生存。

• SEO 支持的内容和 PR 分发。 今天得到放大。
• PlatoData.Network 垂直生成人工智能。 赋予自己力量。 访问这里。
• 柏拉图爱流。 Web3 智能。 知识放大。 访问这里。
• 柏拉图ESG。 碳， 清洁科技, 能源， 环境， 太阳能， 废物管理。 访问这里。
• 柏拉图健康。 生物技术和临床试验情报。 访问这里。
• Sumber: https://www.finextra.com/blogposting/25588/2024—the-tipping-point-for-market-infrastructure-transformation?utm_medium=rssfinextra&utm_source=finextrablogs