Insurance Systems Insights
9th November 2016
Insurers went online a long time ago, but one of the major challenges has been creating an online experience that can handle the relatively complex insurance “form-filling” process.
Many insurers have managed to drive consumers online, but a major problem has been the drop-off by consumers as they grapple with the online... read more
3rd November 2016
The pressure to digitise financial products and services and, therefore, on the institutions that provide them, is both relentless and urgent. According to americansecuritytoday.com, four of the ten top retail banks will be displaced by digital disruption in the next three years.¹ McKinsey research indicates that digital laggards will see... read more
12th October 2016
For many in the financial services industry, embracing innovation is like standing on a highboard, far above a swimming pool, preparing to dive in. Both come with their own rewards, but are also accompanied by a tangible sense of impending danger, uncertainty and fear. To some extent this is, of course, understandable; it’s no secret that one... read more
6th October 2016
Research earlier this year by US research firm Aite Group for Pershing found that digitally-enabled adviser practices grew assets more quickly than traditional practices over the last twelve months.
The survey, of just over 400 US-based financial adviser practices, found that over 90% of digitally enabled advisers increased their assets... read more
5th October 2016
There’s never been a more exciting time to start a business in the UK. Over 600,000 new businesses were started last year, up 4.6% on the year before, as more and more entrepreneurs decide to take the plunge. And while starting a business is always a challenge, in many ways it’s never been easier, with technology and co-working spaces... read more
3rd October 2016
Take a look at all our coverage of this year’s Sibos in Geneva. Blockchain and cybersecurity were the biggest topics at the event, but issues such as artificial intelligence, financial inclusion and payments were also discussed extensively. 2016 was seen as a gateway year to innovation and financial professionals are just waiting to see what... read more
28th September 2016
The expectation that financial services firms will continue to face more regulation — both volume and complexity — has become the norm for compliance teams. In 2015-16 an average of 200 international regulatory changes and announcements were recorded daily (source: Thomson Reuters Regulatory Intelligence). Compliance teams face a... read more
19th September 2016
Head of Sibos Sven Bossu revealed in his interview with bobsguide that there would be something new to look out for at the event in Geneva, as banking executives are increasingly embracing fintech. An area called the Swiss Lounge will provide 25 fintech startups with a space and a voice to showcase their products and services to the SWIFT... read more
16th September 2016
bobsguide caught up with JR Lowry, EMEA Head of State Street Global Exchange, before Sibos to talk about what the bank are working on for the corporate and the consumer world, as well as what they will be discussing in Geneva.
What is your role at State Street?
I am head of Europe, the Middle East, and Africa (EMEA) for State Street Global... read more
14th September 2016
The concept of wealth is becoming ever more nuanced and changeable. Fintechs must create the technology to reflect not only changing needs, and but also changing states of mind.
Current uncertainty in the financial markets juxtaposed with the relative faith in physical assets, for example, property and classic cars, reflects... read more