With technology becoming a transforming agent for every sector of the financial services industry, our global FS clients are looking at technology with inspiration. This represents for us the opportunity to bring together our global financial services technology capabilities to support our clients through their transformative digital journey while reforming their strategies in light of COVID-19.
Our vision is to develop the most impactful and innovative global FS technology platform in the professional services industry. We have initially organised our platform around 5 sets of capabilities, supported by our global Service Delivery Centers and our alliance partners. Each of these capabilities are spearheaded by a leader(s), whose roles will be to drive greater consistency across our delivery efforts, and create a fun and exciting global community dedicated to serve our clients. We also work closely with our FinTech team, looking to create more synergies and opportunities across the technology ecosystems of our clients.
PwC’s Financial Services practice consists of more than 40,000 industry-dedicated professionals worldwide, including more than 4,500 in the United States. They serve large and multinational banks, insurance companies, investment managers, broker-dealers, and hedge funds. Financial Services Technology Consulting is a global team integrated with the sectors across the PwC global network, which has clients in more than 150 countries.
1. FinTech is the new business model…you must embrace it or become irrelevant
2. The sharing economy will be embedded into every part of the financial system
3. Blockchain will be very important, but will it be revolutionary?
4. Digital is mainstream
5. “Customer intelligence” becomes the most important determination of revenue growth and profitability
6. Automation and robotics advances unleashes a wave of “re-shoring” and localisation
7. The public cloud becomes the dominant infrastructure model
8. Cyber will be the #1 risk facing financial institutions
9. Asia will emerge as a key center of technology-driven innovation
10. Regulators will increasingly use technology to embed supervision into day-to-day operations
Business process transformation, CRM, mobile and core systems transformation
Risk management, threat intel & management, incident response and identity & access management
Advanced analytics, big data, cryptocurrencies, robotics and artificial intelligence
IT risk & resilience, financial crime, KYC, customer compliance, GRC, capital/credit/market risk, privacy and disaster recovery
Enterprise Architecture, IT Governance, IT Cost & Value Management, IT Sourcing, Cloud, IT Operations & Service Management