Financial markets and institutions have proven to be extremely resilient and are operating as normal despite the disruption caused by COVID-19; enabling companies to raise capital and investors to mitigate risk. They are providing critical financing to help economies rebuild, including more sustainable and greener solutions. The safe and efficient operation of market infrastructures against the backdrop of record trading volumes during the height of pandemic lockdowns and work-from-home measures bears testimony to their operational resilience, and level of digitalisation and automation In this period of increased market volatility, mounting credit and liquidity stress, as well as heightened cybersecurity threats; financial institutions have strengthened their enterprise risk management infrastructure and data aggregation capabilities to better manage and mitigate the diverse range of potential risk vectors that have arisen. The Asian Banker Financial Markets and Risk Management Awards programmes for 2020has documented some of the best practices demonstrated by various financial institutions and their preparedness to compete and win in the post COVID-19 digital world. To celebrate the achievements of these top performing institutions, the Financial Markets and Risk Management Awards ceremony will be held virtually on Thursday, 8 October 2020. As part of the ceremony, there will also be a dialogue session in which the senior industry executives will share their insights and views on the current themes that are reshaping the financial services industry.
