Sundararaman Ramamurthy highlights exponential growth in order processing, AI adoption, and investor engagement at global event
India’s capital markets are undergoing a rapid transformation powered by advanced technology, said Sundararaman Ramamurthy, Managing Director and CEO of BSE Ltd., during the inaugural session of the third Dubai FinTech Summit.
Held at Madinat Jumeirah under the patronage of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the summit has brought together over 8,000 attendees, 300 speakers from 100 countries, and more than 1,000 investors, reported ddnews.gov.in.
Ramamurthy emphasized BSE’s three-pronged tech focus: infrastructure, regulation, and investor education. He revealed that artificial intelligence and large language models are now being used to process massive regulatory filings, while targeted financial awareness campaigns on social media—especially through short videos—have reached over 100 million views.
Highlighting India’s youthful demographic advantage, Ramamurthy said that with 60–65% of the population of working age and 30% under 30, the strategy is to “catch them young” by educating them about financial products like mutual funds before introducing them to direct equity markets.
BSE’s technological evolution has enabled it to scale from 1 billion to 18 billion orders per day, with peak processing of 2 million orders per second—supported by AI, T+1 settlements, and real-time risk systems
As India’s financial ecosystem becomes more globally integrated, Ramamurthy stressed the importance of maintaining India-specific strengths—like client-level settlements and transparent data-sharing—while simultaneously aligning with global best practices in areas like product diversification and execution. He announced plans to implement a unified contract system by June, which would allow foreign institutional investors to access the best market prices without having to select a specific trading venue.
India’s capital markets are already among the most vibrant globally, with over $5 trillion in market capitalization, making it the world’s seventh-largest by value. Foreign Portfolio Investors (FPIs) hold 18–19% of issued equity, and in BSE alone, they hold 14% of shares, with overall institutional holdings exceeding 40%.
The Dubai FinTech Summit’s theme, ‘FinTech for All’, underscores its focus on blockchain, AI, digital banking, compliance, and investment. For the first time, the Future Sustainability Forum was integrated into the event, along with the FinTech World Cup, offering start-ups a platform to pitch to global investors. The two-day summit concludes on May 13.
