2018年-SWIFT环球同业银行金融电讯_APAC_Funds_Processing_Automation_and_Standardisation_Report_14页_823kb

报告摘要

APAC Funds Processing Automation and Standardisation Report Summary (H2 2017)

Core Content

This report provides an overview of the automation and standardisation of fund orders in the Asia-Pacific (APAC) region, focusing on Hong Kong, Taiwan, and Singapore during the second half of 2017. It highlights the progress made by these three key fund processing centers in implementing automated systems and adopting ISO messaging standards.

Main Objective

To provide periodic information on the automation and standardisation of fund orders in the APAC region.
To track the industry's progress towards increased automation and the use of ISO standards in fund processing.

Key Stakeholders

Market players involved in funds processing transaction flow
Asset managers
Regulators & policy makers
Other interested stakeholders

Report Scope

Covers data from 25 transfer agents (TAs) in Hong Kong, Taiwan, and Singapore.
Includes both domestic and cross-border fund orders.
The report combines data across these markets into a single view, offering:
- An aggregated view of the three fund processing centers
- A detailed overview for each center
- A regional perspective on standardisation and automation rates

Report Highlights

I. Overall Automation and Standardisation Rates

Total automation rate: 68.4%
ISO automation rate: 32%
Proprietary FTP rate: 36.4%
Manual orders rate: 31.6%
Total orders processed: 3.4 million
Monthly average: 0.56 million

II. Automation and Standardisation in Hong Kong

Survey coverage: 11 TAs
Total automation rate: 60%
ISO automation rate: 22%
Proprietary FTP rate: 38%
Manual orders rate: 40%
Total orders processed: 1.7 million
Monthly average: 0.3 million

III. Automation and Standardisation in Taiwan

Survey coverage: 9 TAs
Total automation rate: 81.1%
ISO automation rate: 45.7%
Proprietary FTP rate: 35.4%
Manual orders rate: 18.9%
Total orders processed: 1.4 million
Monthly average: 0.23 million

IV. Automation and Standardisation in Singapore

Survey coverage: 5 TAs
Total automation rate: 59.4%
ISO automation rate: 28.2%
Proprietary FTP rate: 31.2%
Manual orders rate: 40.6%
Total orders processed: 0.3 million
Monthly average: 0.046 million

Key Observations

Taiwan leads in automation and standardisation, with the highest total automation rate at 81.1%.
Hong Kong follows with 60% automation rate, while Singapore has a slightly lower rate at 59.4%.
ISO adoption is the lowest in Singapore at 28.2%, compared to Hong Kong (22%) and Taiwan (45.7%).
Manual processing is most prevalent in Hong Kong (40%), followed by Singapore (40.6%), and Taiwan (18.9%).
The overall automation rate increased slightly from 67.3% in Q3 2017 to 69.4% in Q4 2017.

Next Report

The next report is planned for Q4 2018.
It will cover January 2018 to June 2018 and focus on standardisation rates in Hong Kong, Taiwan, and Singapore.

Supporting Organizations

Asia Funds Automation Consortium (AFAC)
Hong Kong Investment Funds Association (HKIFA)
Association of the Luxembourg Fund Industry (ALFI)
SWIFT and its supporting partners

Additional Information

SWIFT collaborates with EFAMA in the European region to publish similar reports since 2009.
The reports are available on SWIFT and partner websites.
The report is an inaugural publication of the APAC Funds Processing Automation & Standardisation series.

About SWIFT

SWIFT is a global member-owned cooperative providing secure financial messaging services.
It connects over 11,000 banking and securities organizations across more than 200 countries and territories.
SWIFT supports global and local financial flows, and is committed to operational excellence and reducing costs and risks.