Accelerating AI-Powered Digital Financial Services Evolution

Download 2025 AFSC Post-Event Report

Guide banking and finance leaders on how to power through the AI everywhere era

According to a recent IDC report*, software investments will significantly shape the future of digital spending by Asian banks at a projected 21% CAGR by 2027. This increase is attributed to the need for big data and analytics (BDA) and artificial intelligence (AI)-powered solutions to help banks improve decision-making and create hypersonalised banking experiences.

2025 AFSC Post-Event Highlights

IDC Asia/Pacific proudly announces the winners of the 2025 Financial Insights Innovation Awards (FIIA), recognizing outstanding achievements by financial institutions that are shaping the future of banking, insurance, and capital markets through bold, technology-driven transformation.

AFSC the past 6 years

* Based on AFSC at The Next Big Thing 2024 – Singapore Event

  • 3,000+ BFSI attendees

  • 10+ APAC countries

  • 20+ Years of track record

  • 59% Enterprise companies*

Key themes

  • Preparing the core for a digital ecosystem

    What is the right strategy – multiple cores vs migration?

  • Artificial Intelligence (AI) Applications

    Realising AI dividends

  • Cloud strategy for a digital, resilient world

    Evaluating hybrid cloud and distributed databases for addressing compute power restrictions

  • Preparing trade finance for de-dollarisation

    Digital payment systems to support multi-currency transactions and cross-border payments.

  • Data orchestration

    Where will alternate data and synthetic data fit in?

  • Building equity through operational resilience and reducing business disruption

    How to enhance trust in financial services?

  • Connected finance

    Is embedded insurance and embedded finance the key to future success?

  • Climate change impacts on projects and insurance

    How to leverage geospatial analytics?

How can the BFSI sector keep their growth momentum going in the AI everywhere era?

By: Dr. Ashish Kakar

Asian banks need technology investment to continue their growth momentum. The industry is robust, with nineteen of the top fifty global banks being Asia-based.

Dr. Ashish Kakar

Research Director – Financial Insights

About IDC Financial Insights Innovation Awards

IDC Asia/Pacific proudly announces the winners of the 2025 Financial Insights Innovation Awards (FIIA), recognizing outstanding achievements by financial institutions that are shaping the future of banking, insurance, and capital markets through bold, technology-driven transformation.

This year’s FIIA winners reflect how Asia’s financial institutions are responding to rapid economic growth with digital acceleration. In 2024, Asia accounted for 63% of global GDP growth, and ASEAN markets are projected to grow nearly three times faster than advanced economies in 2025. To stay competitive, institutions are significantly increasing investments in artificial intelligence, automation, and cloud platforms. Digital transformation spending by Asia Pacific banks reached US$30.4 billion last year, and IDC expects this to grow to US$48.6 billion by 2027, led by software, data, and analytics initiatives.

 

2025 FIIA categories

  • Most Innovative Bank / Insurer / Capital Market Firm
  • Leader in Resiliency
  • Leader in Customer Engagement
  • Leader in Infrastructure Modernization
  • Leader in Intelligent Banking / Insurance
  • Leader in Sustainable Finance

2025 FIIA winners

Our analyst experts for banking and finance in Asia/Pacific

Image of Dr. Ashish Kakar

Dr. Ashish Kakar

Research Director, IDC Asia/Pacific

Image of Eric Gao

Eric Gao

Research Director, IDC Asia/Pacific

Image of Michael Sek Pheng Yeo

Michael Sek Pheng Yeo

Associate Research Director, IDC Asia/Pacific

Image of Xiao Liu

Xiao Liu

Research Director, IDC Asia/Pacific

Image of Surya Narayan Saha

Surya Narayan Saha

Research Manager, IDC Asia/Pacific

Image of Siri Si

Siri Si

Research Manager, IDC Asia/Pacific

Image of Dr. Chris Marshall

Dr. Chris Marshall

Vice President, Data, Analytics, AI, Sustainability, and Industry Research, IDC Asia/Pacific

Why partner with us?

IDC brings decades of experience organizing events built on data insights and market knowledge. Become our partner and benefit from the following:

  • Position your brand as a fintech leader: Empower BFSI CIOs, CSOs, and IT decision-makers with insights into the latest cyber threat landscape while showcasing your cutting-edge tech solutions to help them achieve their objectives.
  • Opportunity to reach audiences: Grab this chance to reach an engaged community of C-Suite, influencers and decision makers.
  • Brand exposure: Leverage on IDC’s multichannel and engaging delegate outreach, pre-, on-, and post-event to amplify your brand reach.
  • Speaking opportunity: Take the stage for a keynote session, panel discussion, or live demo, engaging with in-person attendees alongside IDC analysts and industry experts.
  • Exhibition booth: Operate a dedicated exhibition space for networking with scanner for documenting client leads and interactions.
  • Generate new leads and drive marketing ROI: Showcase your products and services though a physical booth at the event with standard IDC set-up, built for casual, intimate conversations to generate leads.

Partner with us today

Securing the Future: AI and the Crisis-Ready Cyber Defense

Become our partner

Explore the pivotal role of AI and quantum-proof technologies in securing our future

According to a recent IDC report, Asia/Pacific’s SMB and midmarket security spending was US$7.6 billion in 2023 and is projected to grow at a CAGR of 10.5%, surpassing USD$12 billion by 2027.

Be the security leaders' trusted vendor of choice

Position yourself as a thought leader and partner-of-choice across Asia/Pacific.
Showcase your unique tech capabilities and engage IDC’s CISO communities this 2025.

Key themes

  • The Implications of AI for Security

  • Innovation in Cybersecurity

  • Zero Trust and Cyber Resiliency Frameworks

  • The Changing Role of CISO

  • Cyber Security Risk

  • Cloud, API, and Application Security

  • Identity and Access Management

  • Security Operations

  • OT Security

  • Security Services Evolution

  • Security Skills Gaps and Lack of Diversity

Responsible and secure AI: the key to AI-fueled growth

Sakshi Grover

Senior Research Manager

Why partner with us?

IDC brings decades of experience organizing events built on data insights and market knowledge. Become our partner and benefit from the following:

  • Position Your Brand as a Security Leader: Empower CISOs, CSOs, and IT decision-makers with insights into the latest cyber threat landscape while showcasing your cutting-edge tech solutions to help them achieve their security objectives.
  • Opportunity to Reach Audiences: Grab this chance to reach an engaged community of C-Suite, influencers and decision makers.
  • Brand Exposure: Leverage on IDC’s multichannel and engaging delegate outreach, pre-, on-, and post-event to amplify your brand reach.
  • Speaking Opportunity: Take the stage for a keynote session, panel discussion, or live demo, engaging with in-person attendees alongside IDC analysts and industry experts.
  • Exhibition Booth: Operate a dedicated exhibition space for networking with scanner for documenting client leads and interactions.
  • Generate New Leads and Drive Marketing ROI: Showcase your products and services though a physical booth at the event with standard IDC set-up, built for casual, intimate conversations to generate leads.

Partner with us today

Tabbed Flexible Content

Tabbed Flexible Content Intro Section.

Grid Item 1 Title

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Grid Item 2 Title

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Grid Item 3 Title

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Grid Item 4 Title

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Grid Item 5 Title

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Custom sales enablement programs to empower sales, value management and customer success teams.

Top priorities:

Need a personal approach? Contact us.

Partner intelligence and tools to help you identify, evaluate and recruit partners.

Top priorities:

Need a personal approach? Contact us.

Factoid Blocks

Leverage IDC Data & Analytics to understand market trends and competitor performance. Our detailed tech market datasets empower insights to keep you ahead of the curve, making informed decisions and driving innovation for your customers.

  • 7B+ Data Points

  • 115+ Technologies

  • 550K+ Companies

  • 80K+ Contracts

Global View. Local Expertise

Asia/Pacific Coverage:

Australia, China, Hong Kong, India, Japan, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam.

  • 14 Countries in Asia/Pacific

  • 400+ Analysts

  • 700+ Employees

  • 20,000+ Clients

Global view. Local expertise.

With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. Their collective analysis and insight help IT professionals, business executives, and the investment community make fact-based technology decisions and achieve key business objectives.

IDC Asia/Pacific's Speakers Bureau

Tap into IDC’s thought leadership backed by research and data delivered by highly credible technology domain and industry experts in your industry events and sales enablement trainings.

Mastering AI Everywhere

Sandra Ng

Group Vice President and General Manager

The Future of Software and CX

Daniel Zoe Jimenez

Vice President, Digital Innovation, CX & Software, DNB/Start-ups, SMBs, Consumer and Channels Research

AI Impact on the Services Sector

Linus Lai

Vice President

The AI Impact on Infrastucture and Cloud

Simon Piff

Research Vice President

The Future of Supply Chain

Stephanie Krishan

Associate Vice President