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Singapore must tap technology to ‘leapfrog’ regional peers in equity markets: Piyush Gupta

By Swedan Margen

Singapore must tap technology to ‘leapfrog’ regional peers in equity markets: Piyush Gupta

AI could be used in compliance and oversight, such as in distributed ledger technology which can reduce the cost of listings by automating filings

The Singapore equity market is “lagging behind” its regional peers, but rather than trying to catch up, the local bourse should aim to “leapfrog” others through the use of technology, said former DBS chief executive officer Piyush Gupta on Tuesday (Sep 9).

Gupta, who stepped down as CEO of DBS in March 2025 after more than a decade, was delivering the keynote address at a conference organised by law firm Dentons Rodyk and the Singapore Management University (SMU), where he is chairman of the board of trustees.

The event, titled The Future of Capital Markets: Navigating Change in Singapore and Beyond, also featured several other speakers including Pol de Win, head of global sales and origination at Singapore Exchange (SGX) Group, and Aurelio Gurrea-Martínez, associate professor of corporate law at SMU.

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Singapore must tap technology to ‘leapfrog’ regional peers in equity markets: Piyush Gupta - Cosmopolitan Canada