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A community to discuss the future of financial services and any other interesting trends, strategies, ideas, views.
COVID-19 saw banks accelerate their digital transformation plans, condensing them from year-long projects into a matter of weeks. In fact, research from Pega found that the pandemic increased organis...
Swift change has been a common factor across industries since COVID-19. The financial services industry is one of many to have experienced disruption. An unprecedented government response in economic ...
Among the lending firms that fall victim to hacker attacks, mid-large ones surprisingly become the primary targets. LexisNexis reports that only last year, 2,000 mid-large financial services firms and...
With banks and their customers being forced to shift a majority of their activity online as a result of COVID-19, it is only logical that the digital banking experience should get more focus. Now, the...
Coming into 2020, many wealth management firms have already embarked on digital transformation projects, while others have been slow to evolve. And while digitising the client experience, addressing d...
In January, when I asked the Wealth Dynamix leadership team to pick one piece of advice they would offer to a wealth manager looking to achieve differentiation in 2020, we had no idea that within week...
For companies a financial balance sheet (i.e. the statement of the financial position at a certain date) is common practice and for the majority of companies even mandatory to create one as part of th...
While the COVID-19 pandemic poses a significant threat to mainstream industry and commerce, it will be even more devastating to Small-to-Medium Enterprises (‘SMEs’), as a large number may not survive ...
When talking to our clients at the moment they fall into two camps- one for whom the dispersion of staff to a home office environment was a long way down the scenarios on their BCP, and therefore they...
The circumstances we find ourselves in are unparalleled and changing daily. The way we prepare to weather the impact in the short term will be key to making sure its long-term effects are contained as...
Regulation, rising costs, compressed fees all contributing to pressure of change Investment managers undoubtedly feel the pressure of change. Costs are rising, fees are stretched, and margins are bei...
This article focuses on VCs and their action patterns during economic slowdowns / recessions including actions taken to shield their investments, especially the most promising start-ups in their portf...