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Digital Transformation in Financial Services (Hardcover, 1st ed. 2017)
Loot Price: R2,535
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Digital Transformation in Financial Services (Hardcover, 1st ed. 2017)
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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.
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