The new cyber risk mindset
For digital businesses, these are challenging times. While digital technology often brings opportunities and efficiencies, it also brings risk—a lot of risk. Gartner, Inc. predicts that by 2020, 60...
View ArticleRobo-advice: what can it do today?
We briefly chatted about the appeal of robo-advice back in July, but I wanted to delve a bit deeper into the topic today. It’s true that robo-advice has gained a relatively small share of assets under...
View ArticleThree keys to cyber risk management
In my last post we talked about how financial firms can shift their focus when it comes to managing cyber risk, given the “slow leak” nature of many cyber attacks. Accenture’s paper on this topic,...
View ArticleRobo-advice: what will it do tomorrow?
If you have been keeping up with the headlines, you’ll know that robo-advice services are changing rapidly. We’re seeing more capabilities for institutions and advisors, including the ability to...
View ArticleNew Year, New (Digital) Investments?
It’s that time of year again. The time when personal and professional goals are being revisited and business plans for the fiscal year ahead are beginning to move to execution mode. So whether you’re...
View ArticleCyber security in the digital era
Did you know that 67 percent of financial services executives believe the likelihood of a cyber attack is “very” or “extremely” high, and that only 9 percent of those respondents are proactively...
View ArticleRobo-advice: make it work for you
Lately, we talked about the strengths and weaknesses of robo-advice for wealth managers. This week, we’re examining how traditional wealth management firms can successfully incorporate robo-advice...
View ArticleA blueprint for addressing cyber risk
Read the report. This series has focused on cyber risk management, but what it’s really about is building cyber resilience. As we’ve seen in previous posts, in my RiskMinds International presentation...
View ArticleBe on trend in 2016
As leading publication “Advertising age” acknowledges, recent Accenture acquisitions in the design and innovation space “…indicate a focus on forging bonds with chief marketing officers.”[1] I know I...
View ArticleGetting smart about market data
Global spending on market data is expected to reach $27 billion in 2016, and it shows no signs of slowing. There are a number of factors driving the investment banking industry’s insatiable demand for...
View ArticleThe changing face of client onboarding
As everyone who works in wealth management or life insurance knows, your interactions with clients in the first three or four months are critical. The onboarding process sets the tone for the rest of...
View ArticleBlockchain: The time is right for investment banks
On January 21, Accenture was one of 13 global financial leaders that came together to invest more than $50 million in Digital Asset Holdings, a technology company that provides tools that use...
View ArticleGet strategic about client onboarding
Last time, we talked about the changing face of client onboarding, how firms are beginning to view it less as an obligation and more like an opportunity. As you know though, there’s a big leap between...
View ArticleBlockchain: What investment banks can expect
Accenture’s recent investment in Digital Asset Holdings is a clear indication of just how strongly we feel about the role of blockchains is the future of investment banking. In my last post, I shared...
View ArticleBlowing the derivative doors off
While the compliance deadline for a set of regulations impacting non-cleared derivatives margining known as BCBS 261[1] may have been deferred, it is now approaching at an alarming rate—and is going to...
View ArticleDigitizing the voyage of discovery
Read the report. A couple of my earlier blogs have already discussed the practical priorities around the importance of redefining the onboarding process. And although we explore the topic of discovery...
View Article“Getting to know you—getting to know all about you” (and the family)
Read the report. Are you satisfied your advisors really know your clients—well enough to carry the relationship on with a spouse or the next generation? Establishing strong relationships, founded on...
View ArticleYesterday’s innovation, today’s legacy architecture
Information is integral to investment banking—and investment in new information technology has played a critical role in the industry’s pre-crisis growth and post-crisis adaptation to new regulatory...
View ArticleBeing bold with blockchain
Alongside robo advice, one of the most commonly-asked questions I get from wealth management executives is “What should we be doing about blockchain?” My answer at the moment would be “watch and...
View ArticleReeling in reference data in investment banking
Seventy percent of investment banks cite data quality as their biggest day-to-day issue, 59 percent understand the problem but can’t quantify the cost, and barely 11 percent actively measure the cost...
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