DefinePK

Abstract

This study explored the status, effectiveness, and challenges of core market support infrastructure and enabling technologies in Pakistan. Using a quantitative exploratory survey design, data were collected from 280 respondents, including financial analysts, regulators, IT professionals, and institutional stakeholders. The research examines perceptions of infrastructure efficiency, digital integration, cybersecurity, and policy support within the capital market ecosystem. Results indicate that while Pakistan has made progress in digitizing financial services, market-support technologies remain fragmented, with inconsistent regulatory coordination and limited interoperability. The findings suggest that enhanced digital architecture, policy consistency, and public-private collaboration are crucial to strengthening Pakistan’s financial infrastructure and achieving inclusive capital market growth.