Interesting views from Larry Petrone at DST Kasina about strategic priorities Asset Management firms should follow for their product strategy, in the context of clients shifting from active to passive strategies: promote over-performing funds confidently and adequately explain the fees required to support such products close or merge failing products (or cut fees) as do-nothing will only lead to … Continue reading 3 priorities for #product strategy for #assetmanagement firms in 2017 via @DSTkasina
CBInsights have just released their Global FinTech report covering global financial technology investment trends, top deals, active investors and corporate activity through the end of 2016. A great read to understand where is FinTech going. Key highlights of the report via CBInsights: FinTech investment fell 13% y-o-y: VC-Backed FinTech companies raised USD12.7bn across 836 deals … Continue reading Global #FinTech report from @CBInsights
Interesting article by Anna Devine (source: Ignites Europe) on strategies that Asset Management firms (and other financial firms) should follow to foster a better innovation culture (tip: hiring "innovative" people is not enough!). This is particularly critical at a time when the industry needs to decide whether it wants to address clients directly through digital sales channels. Key learning points: Having the … Continue reading How #firms can foster a culture of #innovation?
Not a day almost without an announcement about the launch of a new robo-advisor or a bot service that promises to revolutionise (and conquer) the asset / wealth management industry, by providing low cost and tailored financial advice to all, from mass-affluent to UHNW clients. Many Relationship Managers are still assessing how much of a … Continue reading Relationship Managers: 3 tips to keep a job in the FinTech revolution that is coming
The 11th Swiss Fund Day, on 10 Nov 2016, was a great opportunity to take stock on how digitalisation is impacting the Asset and Fund Management industry, and assess the impact(s) of the emergence of FinTech startups for established players. Insightful presentations from Consultancy Roland Berger as well as testimonies from the various industry players … Continue reading Digitalisation in the Asset and Fund Management industry: opportunity or necessary evil?
My recent experience with #FinTech #Startup Revolut has shown me that banks do not need to loose sleep over FinTech yet, as Fintech Start-ups will in fact not be in a position to disrupt the industry if they don’t also change the rules of the game... What went wrong with Revolut? “Revolut is a Global Money … Continue reading Why FinTech Start-ups will not win if they play like the banks…
As the 2016 edition of the FinTech Startup Weekend Zurich #swzh16 draws nearer, this seems the perfect time to reflect on my own experience with CrowdCrawler. CrowdCrawler was born during last year edition and has gone through the various ups and downs of most start-up projects. Indeed, it has been a bumpy ride since last … Continue reading Create your own FinTech Startup in one weekend… what does it take to turn the dream into reality?