Liquidity, trust and AI reshape the operating model

Market risk functions in Asia are navigating a period of persistent uncertainty. Correlation breakdowns, shifting liquidity dynamics and rapid advances in artificial intelligence are forcing firms to rethink how they manage resilience, monitor exposures and respond to stress. 

This briefing from the Risk.net Market Risk Leaders’ Network held in Singapore in March 2026 captures insights from senior market risk professionals on how institutions are adapting to a more defensive, balance sheet-driven environment where funding access, operational readiness and confidence can matter as much as traditional market indicators. 

Among the takeaways: 

• Liquidity and survival thinking dominate: The focus is on liquidity buffers, funding access and ability to pay under stress, reflecting a more defensive, balance sheet-driven mindset  

• Market plumbing is a key risk amplifier: Collateral, margining and settlement frictions, especially cross-border and multi-jurisdictional flows, are seen as critical stress points  

• Confidence overrides fundamentals: Even strong institutions can fail under confidence shocks, reinforcing that liquidity is perception-driven  

• Breakdown of safe assets is being actively challenged:  Assumptions around government bonds and liquidity are under review, with price risk and liquidation uncertainty increasing  

• Operational and infrastructure resilience is in focus: Emphasis is on real-time visibility, systems capability and execution under stress, not just market exposure  

Download the report to explore how market risk leaders in Singapore are adapting frameworks, infrastructure and governance models in a more complex risk environment.