FinTech Innovation: From Robo-Advisors to Goal Based Investing and Gamification
- 2h 50m
- Paolo Sironi
- John Wiley & Sons (UK)
- 2016
A survival guide for the FinTech era of banking
FinTech Innovation examines the rise of financial technology and its growing impact on the global banking industry. Wealth managers are standing at the epicenter of a tectonic shift, as the balance of power between offering and demand undergoes a dramatic upheaval. Regulators are pushing toward a 'constrained offering' norm while private clients and independent advisors demand a more proactive role; practitioners need examine this banking evolution in detail to understand the mechanisms at work. This book presents analysis of the current shift and offers clear insight into what happens when established economic interests collide with social transformation. Business models are changing in profound ways, and the impact reaches further than many expect; the democratization of banking is revolutionizing the wealth management industry toward more efficient and client-centric advisory processes, and keeping pace with these changes has become a survival skill for financial advisors around the world.
Social media, big data analytics and digital technology are disrupting the banking industry, which many have taken for granted as set in stone. This book shatters that assumption by illustrating the massive changes already underway, and provides thought leader insight into the changes yet to come.
- Examine the depth and breadth of financial technology
- Learn how regulations are driving changing business models
- Discover why investors may become the price-makers
- Understand the forces at work behind the rise of FinTech
Information asymmetry has dominated the banking industry for centuries, keeping the bank/investor liability neatly aligned—but this is changing, and understanding and preparing for the repercussions must be a top priority for wealth managers everywhere. Financial Innovation shows you where the bar is being re-set and gives you the insight you need to keep up.
In this Book
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The Theory of Innovation—From Robo-Advisors to Goal Based Investing and Gamification
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Robo-Advisors—Neither Robots Nor Advisors
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The Transformation of the Supply-Side
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Social and Technology Mega Trends Shape a New Family of Taxable Investors
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The Industry's Dilemma and the Future of Digital Advice
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The Principles of Goal Based Investing—Personalize the Investment Experience
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The Investment Journey—From Model Asset Allocations to Goal Based Operational Portfolios
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Goal Based Investing and Gamification
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Concluding Remarks
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Bibliography
