Emerging technologies and major shifts in the U.S. labor landscape are among the most significant forces affecting the financial services industry as we look to spring. Whether it’s exploring new ways to use automation, honing a strategic approach to technology investments, or planning employee upskilling and development, companies should assess and recalibrate their priorities as the pandemic continues and its economic impacts evolve.
Also in our spring edition of The Real Economy: Industry Outlook, we examine the emergence of hybrid funds as a growing force in the venture capital space, the role of contract-enabled tokens in reshaping capital markets, and the pressures forcing insurance companies to reinvent their traditional operating models.
Key takeaways
- Regulatory technology will play a vital role in the future of risk and compliance management for financial services.
- As interest in venture capital continues to grow, more flexible structures will emerge to cater to the needs of investors and blur the lines between open-end and closed-end structures.
- A transforming workforce and the long-term slowing in population growth are likely the greatest threats to many banking organizations today.
- We expect swift changes ahead as insurance companies race to attract and retain top talent by rethinking the work experience and the roles of the future.
- We look at how stablecoins can serve as a bridge between traditional and decentralized finance through various means, including facilitating USD settlement outside of traditional banking hours.
Check out the sections of our industry outlook below:
Automating compliance management can help firms offset rising costs
Hybrid funds emerge as a growing force in venture capital
Workforce, population shifts are major hurdles for banks