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Could you compete with a truly digital financial services provider?

FSI transformation: how you compete tomorrow

November 22, 2016 2:00 pm GMT

In Q1 2016, one third of all investments in FinTechs came from corporate VC. A recent study showed that 79% of financial services companies are not investing in the development of digital skills. Nearly 50% of financial institutions agree they could be obsolete in 3 to 5 years. Keeping up with numerous compliance requirements is no longer competitive advantage, it’s table stakes.

There are challenges, but the opportunities are endless.

To compete tomorrow, we must act now. So what is the role that traditional financial services organizations will play in a world disrupted by 3rd party entrants? Are FinTechs enemy or ally? How can internal IT compete with external providers and add strategic value in a commoditised world? How can IT support the business areas that are using external providers?

How should banks position themselves to win a digitally enabled world? How can banks leverage regulatory data as a strategic advantage? And how will banks create a comprehensive capability to derive actionable business insight from the vast universe of available internal and external data sources?

Join five other senior financial services executives and thought leaders on this essential roundtable as we talk banks’ key business drivers, IT challenges, and strategies for FinTech, digital disruption, big data and IT agility.

Discussion Points

  • Key business drivers
  • FinTech & digital disruption strategies
  • Leveraging big & regulatory data: managing the avalanche, finding the value
  • Ensuring IT relevance: digitising the back end, modernising the app portfolio
Moderator
Adam Burns
Editor-in-chief and Presenter at MeetTheBoss TV