The financial services sector is at a pivotal point in its evolution. Disruption, new business models, FinTechs, payments, cryptocurrency, cyberthreats, greater collaboration and data legislation are all transforming the sector - and regulators are scrambling to keep up.
The sector has made great strides towards digital transformation, but there are still barriers to innovation. How do industry insiders see financial services evolving: which will be the real game-changers, how will the industry transform over the next few years and are institutions and regulators keeping pace?
About this white paper
Our Digital Transformation in Financial Services paper examines five themes transforming the financial services marketplace: the evolution of disruption; collaboration and investment; the shifting landscape of regulation and technology; payments and cryptocurrencies; and cybersecurity and monetizing data.
It is based on an in-depth global survey and interviews with key industry leaders across the financial services landscape, including representation from major retail banks, investment banks, FinTechs, venture capitalists, asset managers, fund managers, insurance companies, other financial institutions and regulators. The findings are supported by analysis and insight from DLA Piper’s global Financial Services sector team and secondary research sources. The white paper highlights the key critical legal, regulatory and commercial challenges and the opportunities on offer. It includes facts, figures and stories on how: