Forming the Future of
Finance: Mapping Paradigms, Creating Strategies
Disintermediation,
deregulation, consolidation... these forces of change are reshaping your world. To ensure
your business survives and, better still, profits from these changes, you need to start
planning now.
Late last year, for the first
time ever, 70 of the financial services industry's most powerful executives came
together to determine the future of finance. Basing their discussions on four scenarios
for the future, created by the Capco Institute, they
exchanged views and examined the implications for their business of each of the scenarios.
The conclusions are presented in Forming the Future of Finance.
An extraordinary and
insightful new book which will transport you to five years from now where the battle for
the future of finance will be fought and won. It will aid you in making reasoned and sound
judgements on how the future will affect your business and ensure you capitalise on the
opportunities and protect yourself from the threats that these changes will bring.
Written by Philip Moore and
the Capco Institute with contributions from Roger
Preece, Bart Schutte and Volney Stefflre. For further information visit www.the-future-of-finance.com
CONTENTS
Mapping Paradigms, Creating
Strategies
1. Asking for more
The bank manager: from
Mainwaring to Branson
The shift in power from
suppliers to consumers
Drivers of change
Banking and the internet
The internet and bank credit
ratings
2. The death of the
intermediary?
The internet's limitations
as an information supplier
The intermediary is dead;
long live the intermediary
The new competitive threat:
NBFIs
3. The search for liquidity
Bonds via the net: the story
so far
Technology versus liquidity:
an uneven battlefield?
E-foreign exchange
Will the Web eat Wall Street?
4. The internet threat to
exchanges and depositories
Stock exchanges: the
competitive challenge
The response to alternative
exchanges
5. The internet and the
equity revolution
The democratisation of equity
markets
The role of the internet in
the IPO market
Martini broking: any time,
any place, anywhere...
6. he rise and rise of
e-commerce: the corporate response
The bankers' response to
the e-challenge
E-insurance: a late starter ?
The treasures response
Words of warning haven't we
been here before?
7. Scenario-based thinking
Challenging conventional
wisdom: the e-voyages
8. The battle for talent
9. Branding
10. Welcome to the 'value
economy'
11. Alliances and utilities
Alliances as insurance
policies
Alliances in action: the
GSTPA initiative
12. Remembering the future 1
189 pages