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The Emergence of ETFs in Asia-Pacific pp 53–81Cite as

Information and Communication Technologies for Financial Innovations

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Abstract

This chapter focuses on the impact of the new technologies on the development of the financial system, in particular with regard to the financial markets. Due to the prevalence of the equity ETFs, the discussion concentrates on the impact of ICT on the stock markets; the effects regarding other parts of the financial system are mentioned briefly. It also presents some of the contemporary issues linked with the ICT adoption in the financial system, such as the broadly understood fintech. The final part of this chapter is devoted to the linkages between the adoption of ICT and development of ETFs markets (i.e., diffusion of ETFs). It starts with the presentation of general remarks concerning factors affecting the diffusion of ETFs, then it discusses the impact of ICT on the demand and supply side of the ETFs market, and, finally, it shows some contemporary examples of the ICT adoption in the investment industry, above all in the selected segments of the fintech sector. Throughout the chapter both theoretical concepts and results of the empirical research are presented.

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Notes

  1. 1.

    Similar in-kind definition may be found on the website of FinTech Weekly, one of the leading fintech professional magazines: “a business that aims at providing services by making use of software and modern technology” (Fintech Weekly 2018).

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Authors and Affiliations

  1. Gdańsk University of Technology, Gdańsk, Poland

    Adam Marszk & Ewa Lechman

  2. Kyoto University, Kyoto, Japan

    Yasuyuki Kato

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  1. Adam Marszk
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  2. Ewa Lechman
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  3. Yasuyuki Kato
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Marszk, A., Lechman, E., Kato, Y. (2019). Information and Communication Technologies for Financial Innovations. In: The Emergence of ETFs in Asia-Pacific. Springer, Cham. https://doi.org/10.1007/978-3-030-12752-7_3

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