Evolution or Revolution: How Is Technology Changing the Global Financial Sector?
Cloud computing, bots, and advanced analytics are just a few of the new technologies that, in the medium term, will lead to a revision of the cost and performance parameters of labour-intensive processes in the financial services sector. The current business models for the sector are being transformed – in some areas, technology is already replacing conventional business with a so-called platform-based model. What additional benefits do these technologies offer? What is the potential for their development, and what additional investments are required to implement them?
Moderator:
Jeremy Anderson ,
Chairman, Global Financial Services, KPMG
Panellists
Ruben Aganbegyan ,
Chairman of the Supervisory Board, Bank Otkritie Financial Corporation; Member of the Board of Directors, Otkritie Holding
Elizabeth Altman ,
Assistant Professor of Strategic Management, University of Massachusetts Lowell
Olga Dergunova ,
Chairman of the Management Board, VTB Bank
Sergey Solonin ,
General Director, FINTECH Association
Sean Foley ,
Worldwide Financial Services Chief Technical Officer, Microsoft
Oliver Hughes ,
Chairman of the Management Board, Tinkoff Bank