The Financial Services industry represents a digital paradox. One the one hand, it is a prime target for digital disruption: it is very traditional, highly profitable, and is attracting massive investment from both small and large disruptive players. On the other hand, it has been remarkably stable and resilient in the face of disruptive threats. Many people predicted a sharp decline for traditional banks, investment firms, and insurance companies, which, for the most part, has not occurred.
In this event, we will explore the dynamics of digital disruption in financial services, and explore response options for industry incumbents. We will pay particular attention to the growing power of Fintech ecosystems and their influence on the industry.
Is the tipping point for massive change and disruption coming? And if so, are you prepared?
This Discovery Event will be supported by research from IMD’s World Competiveness Center and IMD’s Global Center for Digital Business Transformation.
Financial services managers and any manager or executive struggling with how to respond to digital disruption
Professor Michael Wade & Arturo Bris
IMD Professor of Innovation and Strategy & Cisco Chair in Digital Business Transformation
IMD Professor of Finance & IMD World Competitiveness Center
Thursday, September 27, 2018, from 17:00 to Friday, September 28, 2018 16:00 (including dinner and networking lunch)
Ch. de Bellerive 23
1001 Lausanne, Switzerland