Las fintech también cambiarán los mercados financieros

4737
85491

CLAVES:

  • Las fintech también tendrán un rol fundamental en los mercados de capital de acuerdo con un informe de Deutsche Börse Group.
  • Pero antes es necesaria una adaptación de todos los participantes en los mercados: Instituciones financieras, pequeños inversores y reguladores.
  • El informe gira en torno a cómo de importante será la digitalización de algunos de los procesos, no sólo para predecir movimientos de mercado sino para los procesos derivados de cada operación.
  • La aplicación del Big Data, Machine Learning o la financiación alternativa serán realidades en los mercados de capital dentro de muy poco.

Las aplicaciones e innovaciones fintech aplicadas a los mercados financieros es ya una realidad. En un reciente informe de Deutsche Börse Group, la firma financiera analiza en 5 bloques cómo la disrupción fintech afectará a los mercados de valores.

En palabras del CEO de la compañía la infraestructura de los mercados y su organización tendrán serán los responsables para asegurar el crecimiento y la innovación en los mercados financieros y para ello la “tecnología está en el núcleo de nuestro negocio. Asociándonos con firmas fintech con tecnología innovadora y modelos de negocio que sean relevantes para nuestros clientes es una absoluta prioridad para nosotros”.

Tema 1: La infraestructura de los mercados

La relación tradicional entre un cliente y su bróker ha sido transformada después de la crisis financiera de 2008, debido a que los requerimientos más estrictos para ofrecer productos de riesgo.

Lo que demanda el cliente ahora son plataformas de trading electrónico y dadas las condiciones actuales, en que la liquidez de los mercados está ampliamente fragmentada, los clientes demandan un entorno en que las condiciones de liquidez de los mercados permitan ejecutar las ordenes al mercado con la mayor eficiencia posible.

En este sentido la adopción de sistemas como el blockchain (que facilitaría intercambios P2P) asegurarían que dichas órdenes fueran ejecutadas de acuerdo con los requerimientos de los clientes.

Sin embargo, antes de que esto ocurra dos factores han de ser tenidos en cuenta:

  • Las tecnologías blockchain aún no están lo suficientemente maduras como para reemplazar las actuales infraestructuras.
  • No hay, todavía, una regulación clara en torno al blockchain.

Aún con el estado de las cosas, DBG, prevé que la aplicación de blockchain a las transacciones de los mercados financieros supondría una disrupción en al menos 5 aspectos: A) La tokenización: Los custodios de datos y los bancos no serían necesarios en las transacciones. B) Centralización de los registros. No sería necesaria la reconciliación los departamentos financieros. C) Contratos inteligentes, no sería necesaria la intermediación de instituciones financieras en los mismos. D) Cryptografía: Se extinguiría la posibilidad de un fallo central. E) Distribución de los registros: Supondría la posibilidad de acceder a un sistema de intercambio P2P.

Fuente: Deutsche Börse Group

Tema 2: Digitalización post-trade

Una vez más, señala el informe, los mercados financieros están altamente fragmentados. Lo ideal sería crear una infraestructura sin fronteras pan-europea que permitiera el asentamiento en tiempo real de las órdenes. Cuando las cadenas de valor de transacciones sean digitalizadas y rediseñadas, como hemos señalado en el apartado anterior, las firmas se verán obligadas a seguir el mismo proceso en cuanto al riesgo, la regulación y los procesos de conformidad.

¿Cómo solucionar estos problemas? Las firmas necesitan unos informes más transparentes y estandarizados. Las fintech serán fundamentales en este aspecto, pues proveerán de las herramientas para crear los informes estandarizados que los mercados financieros necesitan.

El denominado RegTech (Regulatory Technology) es la colaboración entre empresas tecnológicas y entidades reguladoras para asegurar que los requerimientos antes citados se cumplan. Además, el RegTech supone una oportunidad para mejorar la eficiencia, reducir riesgos y proveer de oportunidades de ingresos adicionales.

Fuente: Deutsche Börse Group

Tema 3: Inteligencia artificial y analítica

La explosión de las técnicas de recolección de datos y su análisis (Big Data) provee de una ventaja competitiva a cualquiera de las firmas que puedan hacer un uso apropiado de las mismas.

El Big Data unido al uso de la inteligencia artificial ha permitido que muchas firmas traten de predecir movimientos futuros de los mercados. Mucho de lo que se ha invertido en Inteligencia Artificial ha sido destinado a este fin. El machine learning también juega un papel fundamental en este tipo de predicciones.

Sin embargo, el informe de DBG, plantea otra posibilidad. El uso de Big Data combinado con la inteligencia artificial podría ser una oportunidad para mejorar los sistemas de seguimiento una vez ejecutada la operación en las siguientes disciplinas: reporting, compliance y gestión del riesgo.

Pero hay más la utilización de técnicas avanzadas de recolección y análisis de datos permitirán a las compañías del sector financiero tomar mejores decisiones en lo que a asignación de recursos y riesgos se refiere permitiendo crear nuevos productos que podrían ser ofrecidos a sus clientes.

Tema 4: Inversión en tecnología de digitalización

La inversión en nuevos productos ETF ha crecido exponencialmente en los últimos años. Del rápido desarrollo de este tipo de productos se deriva una necesidad por unos productos que permitan la asignación de activos más eficiente, la inversión cuantitativa y productos más directamente relacionados con los creadores de los ETF.

Además, algunas firmas de brokers están utilizando modelos de economías de escala para ofrecer portfolios de inversión con un bajo coste o coste cero. Otro modo de conseguir este objetivo es asociar el uso de roboadvisors.

La digitalización de los procesos permitirá que, desde el lado institucional, sean localizadas las oportunidades de manera óptima y que los activos sean asignados de según los que los análisis de datos indiquen.

En el lado de los clientes el uso de plataformas en la nube, optimizadas para el uso de aquellos que no sean expertos, está siendo impulsado por el uso de roboadvisors.

Fuente: Deutsche Börse Group

Tema 5: Plataformas alternativas de financiación

Un nuevo ecosistema para la emisión de acciones, el acceso a nuevas formas de financiación y el trading en los mercados de divisas está surgiendo. Para acceder a financiación para operar con estos productos ya no es necesario acudir a intermediarios, como los bancos.

Con las plataformas de financiación P2P, B2B y B2C cualquiera puede financiar sus negocios. Sin embargo, los reguladores están siguiendo con atención los desarrollos en este tipo de financiación.

Aun así, los gobiernos han apoyado este tipo de iniciativas como una forma de proveer la financiación de negocios y empresas.

El informe de DBG aboga por que las instituciones financieras creen iniciativas de este tipo para proveer de acceso a capital a los inversores.

DOCUMENTO COMPLETO: Future Of Fintech In The Capital Markets

DEUTSCHE BÖRSE GROUP. Future of fintech in capital markets. Junio de 2016 [consultado 16-08-2016]. Disponible en: https://deutsche-boerse.com/blob/2622706/ed055219caeb553f43950609d29e1bb3/data/Brochure_Future_of_fintech_in_capital_markets_Englisch-1.pdf

Descargar PDF

4737 Comentarios

  1. Hello there! This post could not be written much better!
    Looking through this post reminds me of my previous roommate!
    He constantly kept talking about this. I will forward this
    post to him. Fairly certain he’ll have a great read.
    Many thanks for sharing!

  2. Howdy! This is my first comment here so I just wanted to give a quick shout out and tell you I truly enjoy
    reading your articles. Can you suggest any other blogs/websites/forums that go over the same subjects?
    Thanks for your time!

  3. Write more, thats all I have to say. Literally, it seems as
    though you relied on the video to make your point.
    You definitely know what youre talking about, why throw away your intelligence on just
    posting videos to your blog when you could be giving us something informative to read?

  4. I have been exploring for a little for any high quality articles or blog posts on this sort
    of space . Exploring in Yahoo I eventually stumbled upon this site.
    Reading this information So i am happy to
    exhibit that I have a very excellent uncanny feeling I found out just what I needed.
    I most unquestionably will make sure to do not omit this web site and provides it a glance on a
    continuing basis.

  5. Wonderful goods from you, man. I have understand your stuff prior to and you’re just extremely magnificent.
    I actually like what you have acquired here, really like what you’re stating and
    the best way during which you are saying it. You’re making it
    enjoyable and you continue to take care of to keep it sensible.
    I cant wait to read much more from you. This
    is really a tremendous site.

  6. Every weekend i used to pay a quick visit this web page, for the reason that i wish for enjoyment,
    since this this web page conations really nice funny material too.

  7. Hey I am so glad I found your web site, I really found you by
    error, while I was looking on Digg for something else, Anyhow I am here now and would
    just like to say many thanks for a marvelous post and a all round enjoyable blog (I also love the
    theme/design), I don’t have time to look over
    it all at the minute but I have bookmarked it and also added your RSS feeds,
    so when I have time I will be back to read much
    more, Please do keep up the awesome work.

  8. Hey there just wanted to give you a quick heads up.
    The words in your post seem to be running off the screen in Chrome.

    I’m not sure if this is a format issue or something
    to do with internet browser compatibility but I
    figured I’d post to let you know. The style and design look great though!
    Hope you get the problem fixed soon. Thanks

  9. Simply want to say your article is as surprising. The clearness in your post is just spectacular
    and i could assume you’re an expert on this subject.
    Well with your permission allow me to grab your feed to keep updated with forthcoming post.
    Thanks a million and please continue the gratifying work.

  10. I love what you guys are usually up too. This kind of clever
    work and exposure! Keep up the amazing works guys I’ve incorporated you guys to our blogroll.

  11. Howdy! I know this is kind of off topic but I was wondering which blog platform are you using
    for this site? I’m getting sick and tired of WordPress because I’ve had issues with hackers and
    I’m looking at alternatives for another platform. I would be
    fantastic if you could point me in the direction of a good
    platform.

  12. Nice blog here! Also your site loads up fast! What host are you using?
    Can I get your affiliate link to your host? I wish my website loaded up as quickly as yours lol

  13. Fantastic blog you have here but I was curious about if you
    knew of any discussion boards that cover the
    same topics talked about here? I’d really like to be a part of group where I
    can get opinions from other knowledgeable people
    that share the same interest. If you have any recommendations,
    please let me know. Many thanks!

  14. We are a group of volunteers and opening a new scheme in our community.
    Your website offered us with valuable info to
    work on. You have done an impressive job and our entire community will be thankful to you.

  15. Everyone loves what you guys are up too. This type of clever
    work and exposure! Keep up the terrific works guys I’ve
    included you guys to our blogroll.

  16. Hello my family member! I want to say that this post is amazing, great written and come with approximately all vital infos.
    I would like to see extra posts like this .

  17. Hello, i believe that i noticed you visited my site so i got
    here to return the favor?.I’m attempting to in finding things
    to enhance my web site!I assume its good enough to
    make use of some of your ideas!!

  18. Good day! I could have sworn I’ve been to this web site before but after looking at some of
    the posts I realized it’s new to me. Anyhow, I’m certainly happy I stumbled
    upon it and I’ll be bookmarking it and checking back frequently!

  19. Aw, this was an extremely good post. Spending some time and actual effort to make a very good article… but what can I say… I put things off a lot and don’t seem to get anything done.

  20. Hello there! I know this is kinda off topic nevertheless
    I’d figured I’d ask. Would you be interested in trading links or maybe guest authoring a blog post or
    vice-versa? My blog discusses a lot of the same subjects as yours
    and I believe we could greatly benefit from each other.

    If you might be interested feel free to shoot me an e-mail.
    I look forward to hearing from you! Wonderful blog by the way!

  21. I feel this is among the such a lot important information for me.
    And i am happy studying your article. But want to commentary on some basic things,
    The web site taste is perfect, the articles is actually nice
    : D. Just right task, cheers

  22. Hi! Someone in my Myspace group shared this site with us so I came to take a look.

    I’m definitely loving the information. I’m bookmarking and will be tweeting this to my
    followers! Great blog and amazing design.

  23. It’s genuinely very difficult in this busy life to
    listen news on TV, thus I just use web for that purpose, and obtain the most
    up-to-date information.

  24. hello!,I love your writing very a lot! share we be in contact
    extra approximately your post on AOL? I need an expert in this house to unravel my
    problem. Maybe that’s you! Taking a look ahead to see you.

  25. I am no longer certain the place you’re getting your info,
    but good topic. I must spend some time learning much
    more or figuring out more. Thanks for excellent info I used
    to be on the lookout for this info for my
    mission.

  26. That is very attention-grabbing, You are an overly professional blogger.
    I have joined your rss feed and look ahead to looking for more of your
    excellent post. Additionally, I have shared your web site in my social networks

  27. Hey are using WordPress for your blog platform? I’m new to the blog world
    but I’m trying to get started and create my own. Do you require any html coding expertise to make your own blog?
    Any help would be really appreciated!

  28. I was recommended this website by my cousin. I’m not
    sure whether this post is written by him as no
    one else know such detailed about my difficulty.
    You are incredible! Thanks!

  29. Hey there! Someone in my Facebook group shared this website with us so I came
    to give it a look. I’m definitely enjoying the information. I’m
    book-marking and will be tweeting this to my followers!
    Superb blog and brilliant design.

  30. @narendramodi
    Most countries have a National News Channel where they propagate about
    achievements of their country eg. BBC
    Why India not start a TV channel to propagate about India’s achievements, yoga, broadcast about the
    4 vedas , history culture evolution of hinduism.

  31. Very nice article and straight to the point. I am not sure if this is actually the best place to ask but do you people have any thoughts on where to hire some professional writers? Thanks in advance

  32. Very interesting information!Perfect just what I was looking for! I have a hundred times wished that one could resign life as an officer resigns a commission. by Robert Burns.

  33. I’m impressed, I must say. Rarely do I encounter a blog that’s equally educative and entertaining,
    and without a doubt, you’ve hit the nail on the head. The
    problem is an issue that too few folks are speaking intelligently about.
    I am very happy that I came across this during my search for something
    concerning this.

  34. I’m impressed, I must say. Seldom do I encounter a blog that’s both educative and interesting, and without a doubt,
    you’ve hit the nail on the head. The problem is an issue that not enough folks are speaking intelligently about.
    I’m very happy I came across this during my hunt for something regarding this.

  35. you are really a good webmaster. The website loading speed is amazing. It seems that you are doing any unique trick. Also, The contents are masterpiece. you have done a excellent job on this topic!

  36. An outstanding share! I have just forwarded this onto a friend who has been doing a little research on this.
    And he actually ordered me breakfast simply because I stumbled upon it for him…
    lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending some
    time to talk about this issue here on your website.

  37. It is truly a nice and useful piece of info. I am happy
    that you simply shared this helpful information with us.

    Please stay us informed like this. Thanks for sharing.

  38. Hey There. I discovered your blog the use
    of msn. That is a very neatly written article. I
    will be sure to bookmark it and return to read more of your helpful info.
    Thank you for the post. I will definitely return.

  39. There will always be someone who will accompany you to fulfill your unfulfilled wishes, send you flowers, accompany you to watch the sunrise and sunset, accompany you to walk the Yangtze River Bridge to accompany you to play the carousel, and spend the rest of your life with you.

  40. you know a few of the pictures aren at loading correctly. I am not sure why but I think its a linking issue. I ave tried it in two different browsers and both show the same outcome.

  41. It is the best time to make some plans for
    the long run and it’s time to be happy. I have learn this post and if
    I may I desire to recommend you few fascinating things or suggestions.

    Perhaps you could write subsequent articles referring to this article.
    I desire to learn more issues approximately it!

  42. Ponto IPTV a melhor programacao de canais IPTV do Brasil, filmes, series, futebol, lutas, shows, documentarios em alta definicao de imagem e som em SD, HD, FULL HD, 4K. compativel com todos aparelhos do mercado Brasileiro.

  43. Ponto IPTV a melhor programacao de canais IPTV do Brasil, filmes, series, futebol, lutas, shows, documentarios em alta definicao de imagem e som em SD, HD, FULL HD, 4K. compativel com todos aparelhos do mercado Brasileiro.

  44. Ponto IPTV a melhor programacao de canais IPTV do Brasil, filmes, series, futebol, lutas, shows, documentarios em alta definicao de imagem e som em SD, HD, FULL HD, 4K. compativel com todos aparelhos do mercado Brasileiro.

  45. Spot on with this write-up, I absolutely think this amazing site needs much more attention. I all probably be back again to see more, thanks for the information!

  46. Aw, this was a very nice post. In idea I wish to put in writing like this moreover taking time and precise effort to make an excellent article! I procrastinate alot and by no means seem to get something done.

  47. Very nice post. I just stumbled upon your blog and wanted to say that I ave truly enjoyed browsing your blog posts. In any case I all be subscribing to your feed and I hope you write again very soon!

  48. Ponto IPTV o Melhor IPTV do Brasil, canais em alta definicao de imagem e som, SD, HD, FULL HD, 4K, filmes, series, futebol, lutas, shows, documentarios, tudo que voce precisa em um so lugar, pontoiptv.me Brasil.

  49. Whoa! This blog looks exactly like my old one! It as on a totally different subject but it has pretty much the same layout and design. Outstanding choice of colors!

  50. You made some really good points there. I checked on the net for more information about the issue and found most individuals will go along with your views on this site.

  51. This is very interesting, You are a very skilled blogger. I ave joined your rss feed and look forward to seeking more of your excellent post. Also, I have shared your web site in my social networks!

  52. My developer is trying to persuade me to move
    to .net from PHP. I have always disliked the idea because of the costs.
    But he’s tryiong none the less. I’ve been using WordPress
    on numerous websites for about a year and am nervous about switching
    to another platform. I have heard very good things
    about blogengine.net. Is there a way I can transfer all my wordpress posts into it?
    Any help would be greatly appreciated!

  53. What as Happening i am new to this, I stumbled upon this I have found It absolutely useful and it has aided me out loads. I hope to contribute & help other users like its helped me. Good job.

  54. Wow, amazing weblog structure! How lengthy have you been running a blog for? you made blogging look easy. The whole glance of your web site is excellent, let alone the content material!

  55. Hey there! This is my first visit to your blog!
    We are a group of volunteers and starting a new initiative in a community in the same niche.
    Your blog provided us useful information to work on. You have done a extraordinary job!

  56. Wow, awesome weblog structure! How lengthy have you ever been blogging for? you make blogging glance easy. The total glance of your site is wonderful, let alone the content material!

  57. ItaаАа’б‚Т€ТšаЂаŒаАа’б‚Т€ТžаБТžs really a great and helpful piece of information. I am glad that you shared this helpful information with us. Please keep us up to date like this. Thank you for sharing.

  58. It as really a great and useful piece of information. I am satisfied that you just shared this useful tidbit with us. Please stay us up to date like this. Thank you for sharing.

  59. Spot on with this write-up, I really assume this website needs rather more consideration. I all most likely be again to learn rather more, thanks for that info.

  60. Thank you for another wonderful article. Where else could anyone get that kind of info in such a perfect way of writing? I have a presentation next week, and I am on the look for such info.

  61. My brother recommended I might like this website. He was totally right. This post actually made my day. You cann at imagine just how much time I had spent for this information! Thanks!

  62. I was suggested this website by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my difficulty. You are incredible! Thanks!

  63. This web-site is usually a walk-through rather than the information you desired with this and didn’t know who to question. Glimpse here, and you’ll definitely discover it.

  64. Wow! This can be one particular of the most helpful blogs We ave ever arrive across on this subject. Actually Wonderful. I am also a specialist in this topic so I can understand your hard work.

  65. Nice blog here! Also your website loads up fast! What host are you using? Can I get your affiliate link to your host? I wish my web site loaded up as fast as yours lol

  66. My brother suggested I might like this blog. He was entirely right. This post truly made my day. You cann at imagine simply how much time I had spent for this information! Thanks!

  67. That is very attention-grabbing, You’re an overly professional blogger.
    I have joined your feed and look forward to in the hunt for extra of your excellent
    post. Also, I have shared your website in my social networks

  68. I’ve been browsing online more than three hours
    nowadays, but I never found any attention-grabbing article
    like yours. It’s pretty price enough for me. In my view, if all site owners and bloggers made excellent
    content material as you probably did, the internet shall be
    a lot more useful than ever before.

    Visit my site – best CBD oil UK

  69. This write-up contains fantastic original thinking. The informational content material here proves that issues arenaаАа’б‚Т€ТšаЂаŒаАа’б‚Т€ТžаБТžt so black and white. I feel smarter from just reading this.

  70. Source I like the valuable info you provide in your articles. I will bookmark your blog and check again here regularly. I am quite sure I all learn many new stuff right here! Good luck for the next!

  71. In order to develop search results ranking, SEARCH ENGINE OPTIMISATION is commonly the alternative thought to be. Having said that PAID ADVERTISING is likewise an excellent alternate.

  72. This unique blog is no doubt entertaining and also amusing. I have discovered a lot of handy advices out of this source. I ad love to visit it again and again. Thanks a lot!

  73. Very nice post and right to the point. I don at know if this is really the best place to ask but do you people have any thoughts on where to employ some professional writers? Thank you

  74. Thanks a whole lot for sharing this with all of us you really know what you are speaking about! Bookmarked. Kindly also check out my web-site =). We could possess a link exchange contract amongst us!

  75. Greate post. Keep writing such kind of information on your site.
    Im really impressed by it.
    Hey there, You have done an excellent job. I’ll certainly digg it and in my view recommend to my friends.
    I’m sure they will be benefited from this website.

  76. I have been exploring for a little for any high quality articles or blog posts on this sort of area .

    Exploring in Yahoo I at last stumbled upon this website.
    Reading this information So i am glad to express that I have
    an incredibly good uncanny feeling I discovered exactly what I needed.
    I such a lot for sure will make sure to do not forget
    this web site and give it a glance regularly.

  77. I was curious if you ever considered changing the structure of your blog?

    Its very well written; I love what youve got to say. But maybe you
    could a little more in the way of content so people could connect
    with it better. Youve got an awful lot of text for only having one or 2 pictures.
    Maybe you could space it out better?

  78. Hi i am kavin, its my first time to commenting anywhere, when i
    read this post i thought i could also make comment due to this
    sensible post.

  79. I was wondering if you ever considered changing the page layout of your website?
    Its very well written; I love what youve
    got to say. But maybe you could a little more in the way of content so people could connect with it
    better. Youve got an awful lot of text for only having 1
    or two pictures. Maybe you could space it out better?

  80. Aw, this was an exceptionally good post. Spending some time and actual effort
    to create a very good article… but what can I say… I hesitate a lot and don’t manage to get anything done.

  81. What’s Taking place i’m new to this, I stumbled upon this I’ve found It positively useful
    and it has aided me out loads. I am hoping to contribute & aid other users like its aided me.
    Good job.

  82. You could certainly see your enthusiasm in the paintings you write. The arena hopes for more passionate writers like you who aren at afraid to mention how they believe. All the time follow your heart.

  83. Very nice info and right to the point. I am not sure if this is truly the best place to ask but do you guys have any ideea where to hire some professional writers? Thank you

  84. You really make it seem so easy with your presentation but I find
    this topic to be really something which I think I would never understand.
    It seems too complicated and very broad for me.
    I am looking forward for your next post, I will try to
    get the hang of it!

  85. This unique blog is obviously interesting additionally amusing. I have chosen helluva useful tips out of this source. I ad love to come back again and again. Thanks!