Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    From $11.99/month after trial. Cancel anytime.

    The Digital Journey of Banking and Insurance, Volume I: Disruption and DNA
    The Digital Journey of Banking and Insurance, Volume I: Disruption and DNA
    The Digital Journey of Banking and Insurance, Volume I: Disruption and DNA
    Ebook604 pages5 hours

    The Digital Journey of Banking and Insurance, Volume I: Disruption and DNA

    ()

    Read preview

    About this ebook

    This book, one of three volumes, showcases the effective transformation of companies providing banking and insurance services. This first volume gives a business-oriented introduction to the setting and the current challenges of fintech, regtech, and insurtech and provides an outlook on what will be needed in the future. Specific sub-departments in financial services are examined with a view to accounting, risk, and regulatory segments. The book also addresses the importance of cultural aspects of the coming digital transformation with an eye to requirements that will enable a digital bank or insurance company to thrive in 2025. The angle shifts over the volumes from a business-driven approach in “Disruption and DNA” to a strong technical focus in “Data Storage, Processing and Analysis”, leaving “Digitalization and Machine Learning Applications” with the business and technical aspects in-between.
    LanguageEnglish
    PublisherPalgrave Macmillan
    Release dateOct 30, 2021
    ISBN9783030788148
    The Digital Journey of Banking and Insurance, Volume I: Disruption and DNA

    Related to The Digital Journey of Banking and Insurance, Volume I

    Related ebooks

    Industries For You

    View More
    View More

    Related podcast episodes

    Related articles

    • UNLIMITED

      Will Develop The Distributed Delivery Model

      Jan 21, 2021

      It was the Great Recession of 2007. The very survival of Ford Motor Company’s legacy was at stake. Bill Ford Jr., the Executive Chairman, approached family members (who held close to 40 per cent shares) to allow him to pledge their blue Ford oval as

      5 min read

    • UNLIMITED

      IBM Boss: Big Companies Were Not Prepared For The Pandemic

      Sep 4, 2020

      Sreeram Visvanathan is the new chief executive of IBM UK and Ireland. The 53 year-old is from Bangalore in India and previously led IBM’s global Public Sector team. In the middle of London Tech Week, he talked to the Evening Standard about the future

      4 min read

    • UNLIMITED

      Quality At The Right Price

      Apr 29, 2020

      Quality At The Right Price
      2 min read

    • UNLIMITED

      Cloud-native Banking: Empowering Delivery Of Great Financial Experiences

      Nov 25, 2021

      Q Good day, Mr Danilkis! To begin with, could we talk about what constitutes a typical workday for you? What might we find you doing during the course of a normal day? A The only thing typical about any day is that I'm always working to align the m

      6 min read

    • UNLIMITED

      Arnab PANDEY

      Apr 1, 2021

      Arnab PANDEY
      11 min read

    • UNLIMITED

      The Future Office

      Dec 25, 2018

      The Future Office
      5 min read

    • UNLIMITED

      5 KEYS TO RESOLVING Cross-Functional Rivalries IN YOUR DIGITAL TRANSFORMATION

      Sep 30, 2020

      The challenge is as old as business itself: How do you get people in different parts of an organization to work together to solve common problems? Yes, COVID-19 has hastened a great coming together – across functions, disciplines, industries, geograp

      4 min read

    • UNLIMITED

      “By Failing To Adopt The Right Tools For The Right Job, We’re Bringing A Knife To A Gun Fight”

      Aug 10, 2023

      This summer’s big job is to get a patio laid. I needed to replace what was left of the lawn following the activity of two overactive rescue greyhounds, accompanied by a committed but much slower terrier whose daily pilgrimage to a single zoomie spot

      6 min read

    • UNLIMITED

      Staying Relevant

      Dec 24, 2021

      Staying Relevant
      7 min read

    • UNLIMITED

      The Next Big Thing

      Jul 1, 2024

      The Next Big Thing
      9 min read

    • UNLIMITED

      Behavioural Insights at Work

      May 1, 2019

      Why is it such a great time to be a cognitive scientist right now? More than ever, people are talking about how the brain works, and everyone wants to understand how to change behaviour. As a result, the inner workings of the brain are no longer the

      5 min read

    • UNLIMITED

      Staying Relevant

      Dec 24, 2021

      Staying Relevant
      7 min read

    • UNLIMITED

      Life Af Ter Disruption

      Nov 8, 2019

      Life Af Ter Disruption
      8 min read

    • UNLIMITED

      From Income Streams To Incoming Streams

      Sep 18, 2020

      On a practical, operational front, local investment managers and collective investment schemes instantly lost face-to-face contact with clients, financial advisers, service providers and management teams of companies in which they invest on their cli

      3 min read

    Related categories

    Reviews for The Digital Journey of Banking and Insurance, Volume I

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      The Digital Journey of Banking and Insurance, Volume I - Volker Liermann

      Part IMarket View

      The part Market View mirrors the trends and activities observed in banks and insurance companies. The companies in the financial service sector face numerous challenges on the revenue and cost side of the business model. The causes are partially macroeconomic (lower interest rate, impairments driven by the COVID-19 pandemic), but primarily sector-specific challenges triggered by competitors (fintech and Big Tech).

      Given the challenges, this part offers a view of the capabilities and tools needed to overcome them. The chapters in this part offer structures to analyze and group the upcoming requirements for digitalization. An open discussion regarding the strategies to drive a successful digital transformation is carried out.

      Even extreme approaches like the greenfield approach (start a new company with a differentiating culture and a state-of-the-art infrastructure and architecture) are explored.

      The first chapter of this part (Merkt, Thiele and Dinges 2021) discusses the projected needs and capabilities of banks in a five-year horizon. The authors start with an Enterprise-Architecture-based approach and give an overview of the business capabilities for a digitally capable bank. A structure to group the diverse topics of digitalization is also offered in this

      Enjoying the preview?
      Page 1 of 1