Over $1 trillion of Financial Services cost and associated revenue are threatened by the Artificial Intelligence. Advances in hardware (e.g., GPUs) and software (e.g., machine learning) have brought to life 50 years of academic studies, funded by a third wave of AI investment. Fundamental changes will reverberate in the industry across the distribution and manufacturing value chains, as well as the middle office of finance firms. In addition to the power of the technology itself, AI impact analysis requires an understanding of the motivations and strategic options for the large tech firms and Fintech startups. How incumbent banks, Amazon, IBM, Alibaba, and decentralized digital financial assistants combine to form a new finance industry is history in the making.
Review of our 2018 themes and a look-ahead to what matters in 2019
How Artificial Intelligence creates $1 trillion of change in the front, middle and back office of the financial services industry
A primer on Artificial Intelligence, what is driving the resurgence of the technology, and where it is going in the future
Review of our 2017 themes and a look-ahead to what matters in 2018
How the Banking incumbents rank relative to each other, Tech firms and Startups on Fintech themes and capability to survive in the coming future
We see 2025 as the point when fully autonomous cars become a commercial reality. We see motor premiums in the developed world more than halving between 2025-40.