What are some of the technology trends you are seeing in Asia-Pacific?
Similar to other parts of the world, there is a strong trend toward adoption of cloud and web-based Software-as-a-Service (SaaS) financial applications. These applications reduce, if not eliminate, the IT burden of acquiring and supporting software. Companies simply subscribe to the functionality they want to use in an application, avoiding the large up-front capital investment required with client and server installation. This enables companies of all sizes to take advantage of much needed efficiency and straight-through processing workflow.