Theano Advisors – Disruptive trends in the banking sector
Report from the Equant Analytics and Theano Advisors Seminar, 26th October. 2016
If we know anything at all at the moment, it is that we live in an uncertain world. Banks are no different to the rest of us and some of the challenges they face are little short of existential. Low interest rates and high liquidity levels push the search for yield out of traditional areas of banking while Brexit, the slowdown in Asia and the increase in regulations and compliance concerns raise issues of what a bank actually is: is it a utility;? Is it a liquidity provider? Is it a platform of complex legal, client and third party and correspondent relationships? Is it a payment system, in the words of one participant, “the paypal solution”?
Most importantly of all, is technology, specifically digitization and Fintech, a disruptor or an enabler to the sector?