By Paolo Sironi
A survival consultant for the FinTech period of banking
FinTech Innovation examines the increase of monetary expertise and its growing to be impression at the worldwide banking undefined. Wealth managers are status on the epicenter of a tectonic shift, because the stability of strength among delivering and insist undergoes a dramatic upheaval. Regulators are pushing towards a 'constrained delivering' norm whereas deepest consumers and self reliant advisors call for a extra proactive position; practitioners want research this banking evolution intimately to appreciate the mechanisms at paintings. This e-book offers research of the present shift and gives transparent perception into what occurs whilst tested monetary pursuits collide with social transformation. enterprise versions are altering in profound methods, and the influence reaches extra than many anticipate; the democratization of banking is revolutionizing the wealth administration towards extra effective and client-centric advisory methods, and conserving velocity with those alterations has turn into a survival ability for monetary advisors round the world.
Social media, massive info analytics and electronic know-how are disrupting the banking undefined, which many have taken without any consideration as set in stone. This e-book shatters that assumption through illustrating the large adjustments already underway, and offers inspiration chief perception into the alterations but to come.
- Examine the intensity and breadth of economic technology
- Learn how rules are using altering company models
- Discover why traders may well turn into the price-makers
- Understand the forces at paintings in the back of the increase of FinTech
Information asymmetry has ruled the banking for hundreds of years, preserving the bank/investor legal responsibility smartly aligned—but this can be altering, and knowing and getting ready for the repercussions needs to be a best precedence for wealth managers in all places. Financial Innovation indicates you the place the bar is being re-set and provides you the perception you must retain up.
Read or Download FinTech Innovation: From Robo-Advisors to Goal Based Investing and Gamification PDF
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Extra info for FinTech Innovation: From Robo-Advisors to Goal Based Investing and Gamification
Disruptive innovation can occur in markets that seem too small or too distant to be attractive for existing and dominant organizations. This happened with Robo-Advisors, targeting retail consumers which were considered too “small” in terms of revenue potential to guide them through innovation.
Paolo Sironi, 2016 About the Author Paolo Sironi is a recognized author of books about portfolio management and FinTech innovation. In his current role as IBM thought leader for Wealth Management and FinTech Analytics, Paolo links FINance and TECHnology globally, demonstrating sound expertise over a number of areas including Wealth Management, Asset Management, Risk Management and Financial Technology. Prior to IBM, Paolo founded a FinTech startup (2008) to provide Goal Based Investing solutions to wealth managers.
The seventh chapter features a quantitative discussion about the most common approaches of portfolio modelling, which have been adopted by the first generation of Robo-Advisors. Alternative solutions are also featured, such as Probabilistic Scenario Optimization (PSO), to strengthen GBI implementation, allow for graphical representations of past and future performance, guide investors and advisors in making consistent decisions of portfolio rebalancing, and provide a framework for scenario analysis and quantitative Gamification.