Why is FinTech going to be a disruptive force in many areas of finance? I will present a framework for the future of FinTech, highlighting ten areas of substantive impact, and argue that the current confluence of business and technology drivers are going to result in huge changes. I will briefly survey the role of a few technologies, such as deep learning, network models, and robots in the areas of trading, risk management, and wealth management. In the future banks will become technology companies, and the winners will be the ones who invest in R&D.
Wednesday, Feb 13, 2019