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Are Asian banks slower adopters of IT?

Carol Ko | Aug. 21, 2008
I am always tempted to ask my interviewees whether Asia or Hong Kong is a slower adopter of IT.

Theyll then say, youll get your next release or update three months later, or six months later. Thats the difficulty. But in Asia, working in a local based, or Chinese-based company, we pretty much move much faster. We probably react much better to changes in the market, and to different requirements, Liu said.

Many thanks to Alex for his experience sharing. To answer the above question in bigger perspective, I invite all of you to read our upcoming September issue MIS 100 Top 100 IT Users in Asia, which features a total of 17 banking and finance institutions, from which Im sure both our CIO readers and fellow editorial writers will gain further insights into the regional FSI scene. Meanwhile, if you are a banking professional, please feel free to leave us comments below and share your thoughts with us.

Carol Ko is the Deputy Editor of MIS Asia and is chiefly responsible for covering stories of CIOs and senior IT managers in North Asia. She obtained her journalism training at The Chinese University of Hong Kong. Prior to joining Fairfax Business Media, she was working as a freelance writer covering local arts and culture.

 

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