Digital transformation is one of those phrases that easily slips off the tongues of MDs and CEOs for pretty much any sort of business or public sector organisation. It gives the impression of ambition, achievement, success and change – or at least the ambition for great change. Perhaps it’s straight out of the ‘How To…’ ...
How are you coping under the daily deluge of Brexit headlines? ‘Brextra time..!’, ‘ No deal Brexit could lead to £36bn bill’ or ‘Great Britain or Great Betrayal?’.
Most of the conflicting arguments concerning Brexit have centred on the possible impact for the bigger corporations and financial institutions. Car manufacturers advising their workers to vote remain; banks and insurance firms setting up offices in Europe and moving staff out of London; such barometers create an impression of big business girding its loins for ...
It’s January 2019 – and who’d have thought we’d still know so little about Brexit’s implications for business? For none more so than financial service organisations including the boom sector of ‘fintech’. Valued at approximately £4.5bn, the UK holds about 80% share of fintech, according to The Financier. So will London remain the “fintech ...
Amid all the unknowns surrounding Brexit, one thing is certain: whatever happens with regard to the EU trading passport, the Capital Markets Union and the effect on Foreign Direct Investment, it will force a re-examination of your business practices and structure.
As the complexity and speed of change in the tech ecosystem for financial services increase, so do the risks involved. Huge investment in digital capabilities and emerging technologies, together with continued customer and market impacting technology failures have driven regulators to enforce much, much tighter rules of engagement. As a result, since the financial crisis, ...
If you’re looking for a market that’s being turned on its head by technology, you don’t need to go much further than capital markets. You may say look what Uber has done to ride-hailing, Amazon has done to retail…but just take a look at what robo advisors are doing to investment ...
Trends such as artificial intelligence (AI), digital banking, data automation, big data and analytics have now taken a stronghold, perhaps even stranglehold, on financial markets and are clearly here to stay. Fintech continues to gather pace as an increasing number of firms in the financial services sector get up to speed on the latest emerging ...
Blockchain is the buzzword in the financial services sector and big changes are on the way for the sector; but what sort of benefits and changes is it bringing to financial services? Let’s firstly remind ourselves what blockchain is and its role for cryptocurrencies.
The UK government is telling a good story about how we should exploit the AI opportunity as an engine of growth for the economy. The 2017 UK Industrial Strategy white paper identified AI and data as 1 of 4 ‘Grand Challenges’ – in which the UK can lead the world for years to come.
The internet of things is coming to street near you – where your home will do the dishes and wash clothes for you at night to take advantage of lower market prices; where at power plants, self-regulating, repairing, and optimising turbines will utilise artificial intelligence (AI) to enhance performance, reduce wear and tear and lower emissions; ...
The revenue benefits to financial services of intelligent automation (IA) are staggering – a recent Cap Gemini survey showed growth due to IA in the sector is expected to reach well over £400 billion globally by 2020 alone. And these are additional to the multiple cost saving benefits. Improved customer satisfaction, faster time-to-market and improved cross-selling are some ...