Emerging markets ramp up


Banks headquartered in the emerging economies of Asia, Africa, and Eastern Europe are investing heavily in asset and liability management (ALM) systems, according to systems vendors and bank executives. The banks in these three regions are being prodded by both regulators and competitive forces to increase the sophistication of their ALM systems. As a result, technology vendors expect the share of their revenues from emerging markets to increase substantially over the next five years, fuelli