The success of innovative financial technologies in the post-trade space will depend on two important elements which require human oversight: regulation and governance.

Today, everything from blockchain and cloud computing to advancements in artificial intelligence, cryptography, machine learning and data analytics is having an impact on financial services. These innovations, coupled with the emergence of many, new non-traditional players, are reshaping the long-standing relationships between banks and their clients. This is forcing incumbents to rethink operating models and strategies to remain competitive as well as prompting regulators to re-examine their approach.