A survival guide to WealthTech for financial advisors and planners, wealth managers, financial technology companies, as well as bankers and consultants.
Business models are changing in profound ways, and the impact of these changes is reaching further than many expected. Keeping pace has become a survival skill for financial advisors globally. Social media, big data analytics and digital technologies are disrupting aspect of the wealth management industry that have been taken for granted for millennia.
Practitioners need to examine this revolution in detail in order to understand the mechanisms at work. In FinTech Innovation (9781119226987), Paolo Sironi presents an analysis of the tectonic shifts, as well as the more subtle changes and offers clear insight into the implications of this transformation.
The book lucidly describes the rise of financial technology, illustrating the massive changes already underway to transform the wealth management into an industry that is much more efficient and client-centric. The book also provides insight into the changes that are yet to come.
In FinTech Innovation readers discover:
- The technological forces at work behind the rise of FinTech
- Why investors may become the price-makers
- How regulations are driving changing business models
Information asymmetry has dominated the wealth management industry for centuries, keeping the manager/investor liability neatly in balance—but this is changing rapidly, and understanding and preparing for the repercussions must be a top priority for wealth managers everywhere.
Aimed at financial advisors and planners, wealth managers, financial technology companies, as well as bankers and consultants FinTech Innovation provides the readers with insight required to succeed and thrive.
About the author
PAOLO SIRONI is a global thought leader for Wealth Management and Investment Analytics at IBM, where he is responsible for promoting quantitative methods, Goal Based Investing (GBI) and digital solutions for financial advisory. His expertise combines financial services and technology and spans over a number of areas, including wealth management, asset management, risk management and FinTech innovation. Prior to IBM, he founded a FinTech startup that provided GBI portfolios to wealth managers. This venture subsequently became a part of IBM following the acquisition of funding partner Algorithmics, a world leader of risk management and investment analytics. Paolo possesses a decade-long risk management expertise; he was previously head of market and counterparty risk modeling at Banca Intesa Sanpaolo. He is the author of Modern Portfolio Management: From Markowitz to Probabilistic Scenario Optimisation, and contributing author to The FinTech Book.
Katy Smith
Publicity Manager, Professional Development
katysmith@wiley.com
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