Tech Trends In Global Capital Markets 2023Introduction Synopsis 03 04 Trend 1: ESG investing 07 09 13 15 Trend 2: Operational resilience Trend 3: M&A and SPAC Trend 4: Post LIBOR era Trend 5: Arti?cial Intelligence (AI) and Machine Learning (ML) 17 19 21 Trend 6: Open ?nance Trend 7: Regulatory, risk, and compliance Trend 8: T+1 Trade settlement cycle compression 25 27 29 Trend 9: Cloud and digitization Trend 10: Distributed Ledger Technology (DLT) Trend 11: Re-imagining operating models in a digital world 32 34 Conclusion 2 Tech Trends In Global Capital Markets 2023The entire ?nancial industry, particularly capital markets, is witnessing a wave of transformations with several aspects that intersect and overlap. Technological infrastructures are being upgraded to next-gen technologies and business models and customer experiences are also being re-de?ned to meet new economic realities. The competition from ?ntechs encroaching on traditional banking services has seen success stories riding purely on tech adoption and customer-centric services. This has challenged the reliable revenue zones of banks. These changes are prompting ban