Accenture have produced a nice infographic and more, detailing the top 10 challenges for investment banks in 2016.
Due to my limited wifi connectivity, I'll just give you the headlines here but, if you have time, it's well worth copying and pasting this link to learn more
https://www.accenture.com/us-en/insight-top-ten-challenges-investment-banks-2016.aspx
So here's the top 10, and there's a raft of further insight if you click the link:
#1
Workforce of the Future: Dealing with Business Change and the Millennial
#2
Investment Banking Technology: Jettisoning Legacy Architectures
#3
Reference Data Management: Understanding the True Cost
#4
Blockchain Technology: Preparing for Change
#5
Value Based Cost Reduction: Finding the Optimal Strategy for Revenue Growth
#6
Global Structural Reform:
Establishing a New-Era Response to Business Restructuring
#7
Trading Commissions: Rising Above the “Race to Zero“
#8
Digital Disruption: Embracing an Integrated Digital Ecosystem
#9
Cyber Security: Confronting the Threat
#10
Market Data: Taking Control of the Cost Spiral
Tomorrow we'll learn what tech banks are buying this year.
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
