Investing in automation requires a cultural shift, says Reval

Blaik Wilson, solutions consultant at Reval, says Asian companies are well positioned to implement new technologies, but the cultural change that is required can sometimes be difficult for senior management.
Blaik Wilson, Reval
Blaik Wilson, Reval

What are some of the technology trends you are seeing in Asia-Pacific
Similar to other parts of the world, there is a strong trend toward adoption of cloud and web-based Software-as-a-Service SaaS financial applications. These applications reduce, if not eliminate, the IT burden of acquiring and supporting software. Companies simply subscribe to the functionality they want to use in an application, avoiding the large up-front capital investment required with client and server installation. This enables companies of all sizes to take advantage of much needed efficiency and straight-through processing workflow.

Asian companies may not have the burden of outdated technology, and at the same time technology...

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