1.

Record Nr.

UNINA9910255039603321

Autore

Scardovi Claudio

Titolo

Digital Transformation in Financial Services / / by Claudio Scardovi

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2017

ISBN

3-319-66945-1

Edizione

[1st ed. 2017.]

Descrizione fisica

1 online resource (XI, 236 p. 52 illus.)

Disciplina

332

Soggetti

Banks and banking

Macroeconomics

Management

Industrial management

Business enterprises—Finance

Investment banking

Securities

Insurance

Banking

Macroeconomics/Monetary Economics//Financial Economics

Innovation/Technology Management

Business Finance

Investments and Securities

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

1 Unbearable lightness of banking -- 2 Synapsis in the global financial system -- 3 In transformation we trust -- 4 Cyber capital at risk -- 5 Digital transformation in payments -- 6 Transformation in funding -- 7 Transformation in investment management -- 8 Transformation in lending -- 9 Transformation in risk management -- 10 Transformation in insurance -- 11 Digital for the greater good -- 12 The synapses challenge ahead.

Sommario/riassunto

This book analyzes the set of forces driving the global financial system toward a period of radical transformation and explores the transformational challenges that lie ahead for global and regional or



local banks and other financial intermediaries. It is explained how these challenges derive from the newly emerging post-crisis structure of the market and from shadow and digital players across all banking operations. Detailed attention is focused on the impacts of digitalization on the main functions of the financial system, and particularly the banking sector. The author elaborates how an alternative model of banking will enable banks to predict, understand, navigate, and change the external ecosystem in which they compete. The five critical components of this model are data and information mastering; effective use of applied analytics; interconnectivity and “junction playing”; development of new business solutions; and trust and credibility assurance. The analysis is supported by a number of informative case studies. The book will be of interest especially to top and middle managers and employees of banks and financial institutions but also to FinTech players and their advisers and others. .