DT Virtual Summit - Strategic Initiatives in FSI
Stragetic FSI Focus Areas
Intelligent Sales Advisors
Customer Experience Orchestration
Future Banking Workforce
Financial Crime, Risk, and Cybersecurity
Core Banking, Open Banking and Payments
Mapping MS Key Solutions
B&CM
FSI at Risk and The Changing Market
Because Banks and Insurance MUST change to meet the market needs or risk being replaced.
Customers' needs are changing
Competitors are much more than 5 years ago
Q: Where is the FSI being THREATENED? A: Tools, data analytics, new technologies and platforms.
Payments/Billing: Payment processing,card developers & subscription billing software tools
Insurance: Companies selling insurance digitally or providing data analytics and software for (re)insurers
Personal Finance: Tools to manage bills and track personal and/or credit accounts
Captical Markets: Sales & trading, analysis and infrastructure tools for financial institutions
RegTech: Audit, risk and regulatory compliance software
Wealth Management: Investment and wealth management platforms and analytics tools
Crypto: Companies leveraging blockchain technologies for financial services
Remittance: International money transfer and tracking software
Lending: Marketplace lending & alternative underwriting platforms
Mortgage: Mortgage lending, digitization and financing platforms
Top FSI Investment Priority (Source: PwC 2020 Survey)
The United States
Regulatory Compliance
Enhancing Customer Service
Implementing New Technologies
Europe
Enhancing Customer Service
Regulatory Compliance
Implementing New Technologies
Asia-Pacific
Enhancing Customer Service
R&D Innovation
New Product Development
Emerging Markets
Enhancing Customer Service
R&D Innovation
New Product Development