DT Virtual Summit - Strategic Initiatives in FSI

Lisää tämän kaltaisia

Group Assignment

luonut Neo Kian Heng

GOVERNMENT AND POLITICS

luonut Shreet Shah

COCA COLA

luonut KRITI AGARWAL

Gout

luonut Reem Elsaman

DT Virtual Summit - Strategic Initiatives in FSI

Top FSI Investment Priority (Source: PwC 2020 Survey)

Emerging Markets

Asia-Pacific

New Product Development

R&D Innovation

Europe

The United States

Implementing New Technologies

Enhancing Customer Service

Regulatory Compliance

FSI at Risk and The Changing Market

Q: Where is the FSI being THREATENED? A: Tools, data analytics, new technologies and platforms.

Mortgage: Mortgage lending, digitization and financing platforms

Lending: Marketplace lending & alternative underwriting platforms

Remittance: International money transfer and tracking software

Crypto: Companies leveraging blockchain technologies for financial services

Wealth Management: Investment and wealth management platforms and analytics tools

RegTech: Audit, risk and regulatory compliance software

Captical Markets: Sales & trading, analysis and infrastructure tools for financial institutions

Personal Finance: Tools to manage bills and track personal and/or credit accounts

Insurance: Companies selling insurance digitally or providing data analytics and software for (re)insurers

Payments/Billing: Payment processing,card developers & subscription billing software tools

Because Banks and Insurance MUST change to meet the market needs or risk being replaced.

Competitors are much more than 5 years ago

Customers' needs are changing

Mapping MS Key Solutions

B&CM

Stragetic FSI Focus Areas

Core Banking, Open Banking and Payments

Financial Crime, Risk, and Cybersecurity

Future Banking Workforce

Customer Experience Orchestration

Intelligent Sales Advisors