The Financial Services Future: Transforming an industry
Topic #1 : Technological Transformation
The marriage of high tech and high finance
The lines between financial services and high technology are becoming increasingly blurred. Four major technological
changes will disrupt financial services in the years ahead. Fear of disruption?
– Cognitive computing
– Open banking
Topic #2 : Regulatory Transformation
Regulatory reform in uncertain times – No rest for the weary
Despite “reform fatigue” and squeezed profit margins, financial services firms are dealing with a continued flood of regulation. Some are turning to new technologies for compliance help.
A decade on from the global financial crisis, are policymakers and regulators starting to tire of imposing a seemingly endless drip-feed of new rules on financial services firms?
Topic #3 : Business model Transformation
Embracing a pattern of change – Business model innovation across banking, insurance and asset management.
New models of financial intermediation appear to emerge, with the potential to trigger a break-up or unbundling of financial services as customers know them today.
Alongside new players will be new business models. In the first two articles in this series, we focused on how technology change and regulatory change are reshaping financial services. In this article, we focus on how new business models are emerging.
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