financial markets

Disrupting the disruptors: Are incumbents winning the battle?

Finding reliable and trustworthy business intelligence can be a challenge. Business leaders are often tasked with making critical technology decisions that can affect an entire organization. Informed, data-driven choices based on real-world experiences and facts gleaned from peers are central to gathering the market intelligence to act with speed and confidence. As a source of insight […]

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Fostering the financial technology infrastructure of tomorrow

Imagine a scenario in which opacity and complexity have been removed from the financial services industry. Anyone with an idea of how we might conduct business better and more efficiently, be it in wealth management, lending, insurance, or payments, could bring it to life with ease. Entrepreneurial individuals could find all the tools they need […]

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The five biggest technology trends affecting FinTech today

Two years ago, I wrote an article on the 6 biggest trends in FinTech. Looking back, I’m happy to say that there has been significant progress in all the areas. A year after that, I wrote Everyone is Talking about APIs to discuss a trend that, at the time, was new to the industry. In […]

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What technology will transform financial services?

Jeffrey McMillan, chief analytics and data officer of Morgan Stanley answered this question Reinventing Financial Services, an event hosted by IBM and The Economist. Jeff believes that big data and artificial intelligence (AI) are two core technologies that are transforming financial services business models. Mining big data with machine learning technology allows companies to harvest […]

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Cognitive Technology: A shelter in the storm of regulatory change

Turbulence and disruption have been the mainstay of the financial services industry for more than a decade and there is little to suggest that a long calm is in the offing. Quite the contrary, the industry had to adapt to an onslaught of new regulations in the aftermath of the Global Financial Crisis. A decade […]

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How Cognitive Virtual Agents Will Transform Customer Engagement

The average consumer interacts with customer service 65 times in a year. That adds up to more than 270 billion service calls made on an annual basis. Multiply that by an average cost of about $1.00 a call, and you’ve got very big problem for global businesses. Further, 33% of Millennials are only willing to […]

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Everyone’s talking about APIs. Why?

While looking at the predictions for the FinTech area for 2017, I started noticing that APIs were showing up again and again. As Jim Marous notes in his article, Top 10 Retail Banking Trends and Predictions for 2017, “APIs were not even listed as a 2016 trend, but was #4 in 2017.” The Let’s Talk […]

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Too Jammed to Plan… For Retirement

It’s common knowledge that all generations have not sufficiently planned and saved for retirement.  Wealth management firms have been scrambling to encourage more planning and saving, but many of these efforts are likely to fall short of their objectives.  Why?  In a recent survey, IBM found that pre-retirement individuals of all ages are “too jammed […]

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Northern Trust Trusts Blockchain for Private Equity

Today, private equity tends to be an opaque, costly endeavor.  Often, ten percent or more is spent on administration.  In addition, the administrative activities are manual and can take a great deal of time to complete.  In the past, this information (or its owners) was not trusted enough to be digitized. So when Northern Trust […]

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DTCC Selection of IBM and Axoni Points to Blockchain Maturity

This week’s announcement that DTCC has selected IBM, in partnership with Axoni, to build a Distributed Ledger Technology (DLT) version of their Trade Information Warehouse (TIW) is a flagship event in the increasing role of blockchain technology in financial markets. It sets an industry standard for successful “at scale” industry deployments of DLT within the […]

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Cognitive Compliance Highlights an Opportunity for Banks

Today, banks are dealing with an overwhelming morass of regulations – more than 20,000 new ones in 2015 alone. By the year 2020, there may be 300 million pages of banking regulations. When I was in college, buying used textbooks had two benefits. It was a way to save a few dollars. Even better, if […]

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