This 6-week journey will guide you through the ways in which technology is transforming the financial sector. From digital payments to new banking models, participants will acquire a comprehensive understanding of the tech revolution in finance today.
Technology is clearly changing the way we pay for goods and services, exemplified by digital payments like Apple Pay and more profound changes like the transition to a cashless society. This module provides an overview of different payment schemes powered by new technologies, from NFC to blockchain payments, and how they are changing the relationship between banks and their customers.
Data and technology are transforming capital markets in the finance world. This module explores how big data technologies are providing the required infrastructure for data-powered tech—from artificial intelligence to data ecosystems—and how these new technologies are impacting capital market processes in financial institutions. Additionally, this module looks at the transformative potential of quantum computing.
One of the most disruptive impacts of technology is its ability to disaggregate both the supply and demand in an industry by providing an efficient way to group individual producers and customers. This module provides an overview of how technology is disaggregating the capital markets, from peer-to-peer lending to the sharing economy. All of these models are examples of the power that technology has to reorganize how an industry provides its services.
Deposits, Lending & Capital raising Technology also allows for new products and banking models to emerge. This module covers the two most prominent new banking models the Open Banking and Banking as a Service models that are helping power the fintech revolution worldwide. Additionally we cover new ways technology is affecting the capital raising process from crowdfunding to virtual exchanges. The module additionally provides an overview of the potential of Virtual Reality and Augmented reality.
Investment Management The last block of banking and financial services being disrupted by new technologies is the Investment management. Once again technology is showing its ability to lower operational costs by providing and automated alternative to traditional full human service offerings. Roboadvisors are the best example of this shift and this module covers them extensively together with other new trading models like Copy Trading and Social Trading.