Post on 10-Feb-2017
transcript
The Disruptors: Coming (Sooner or Later?) to a Fund Near You
DAN HOULIHANexecutive vice president
Corporate and Institutional ServicesThe Northern Trust
SULEMAN DINmanaging editor
Money Management Executive SourceMedia
TOM SECAURglobal chief operating officer
Citisoft
TONY WARRENhead of strategy and
solutions management, Asset Management and Insurance
FIS
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They [millennials] don’t like human interaction – and that’s ok – we just need to understand and embrace that, if we’re going to provide investment solutions to this generation going forward. Kevin Mahnpresident and chief investment officer Hennion and Walsh Asset Management
We’re probably over-estimating the impact that block chain technology will have on the industry in the next two years and underestimating its impact in ten. Bill Gates, co-founder, Microsoft
38% globally (46% in US) would switch to Google, Amazon, or Facebook for financial advisory services. Accenture Consulting 2017 Global Distribution & Marketing Consumer Study
The smart money is betting on cloud computing to make inroads among [financial] firms in the short term. Michael Bodson, president and CEO, DTCC
Distributed-ledger technology has the potential to impact the financial services sector the way the Internet changed media and entertainment. David Rutter, CEO R3CEV
Whether you call it artificial intelligence, machine-learning, deep learning or predictive analytics, this is an area worth watching over the coming years.Citisoft, 2017 Outlook: Times of Change
What’s All the Buzz About?
It’s a wonderful technology [blockchain], and I do think it will be disruptive. I just think we’ve got a lot of work to do.Peter Cherecwichpresident of global funds services, Northern Trust