Social, mobile, analytics, big data, cloud and interactive technology are changing the way business is conducted across all industries, including in investment banking. Up until now, investment banks have been uneven in their overall response to potential disruptions by these digital technologies. Many are still not leveraging the potential of digital technologies, leaving the door open to less entrenched players.
We’ve identified six key themes expected to be driving forces in the coming digital disruption of investment banks. Read this paper to find out what the themes are and the expected industry response for each.
Many investment banks are still not leveraging the potential of digital technologies—this is especially evident when you take a closer look at these banks’ internal processes and client interactions. One likely reason for hesitancy to adopt digital technologies is the aftermath of the financial crisis, including an intense focus on risk, regulation and costs over the past five years. This focus has resulted in the “crowding out” of investment banking technology innovations as IT budgets have been devoted to regulatory compliance work.
DOWNLOAD THE PDF (PDF, 772 KB)