DT Virtual Summit - Strategic Initiatives in FSI
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
