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Technology is changing the financial industry’s competitive environment. In a period of declining revenues, increased regulation and cost challenges, capital markets and investment banks (CMIB) are also losing the information advantage they once held. Digital advances allow nonbank entities access to valuable client and market intelligence to which only CMIB were once privy. This insightful report from Boston Consulting Group professionals provides a good overview of how digital technology affects CMIB, though readers might wish for more real-life examples and fewer buzzwords. Nonetheless, getAbstract recommends it to financial industry executives.
Summary
About the Authors
Philippe Morel et al. are professionals in the Boston Consulting Group’s global offices.
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