In collaboration with the Bank of England, London Business School’s Centre for Corporate Governance and AQR Asset Management Institute. This event explored how the financial sector will be transformed by disruptive technologies and the relevant regulatory and policy responses to the impacts on the industry.
Change is palpable in the finance industry as technological innovation and innovators start to challenge established ways of doing things.
Concepts such as the end of cash, disintermediation of banks, and a distributed ledger system allowing real-time transactions around the world, are being talked about and acknowledged as real possibilities, while big data continues to take us in new unexpected directions. The potential is there for transforming every aspect of finance from payments to securities to insurance.
Where even two years ago banks refused to contemplate such major change – now they are jostling for position to make sure they have a stake in any future financial landscape, forming partnerships with major technology companies and signing up their own tech-savvy whizz kids.
Watch exclusive interviews, filmed as part of London Business School’s FinTech Conference. Nicole Hergarten-Tucker Executive Director of London Business School’s Centre for Corporate Governance, asks thought leaders about the implications of different developments in Financial Technology for the financial sector.
This set of short interviews comprises of insights from:
- Andy Haldane, Chief Economist and Executive Director of Monetary Analysis and Statistics, Bank of England
- John Plender, Senior Editor, Financial Times
- Lucrezia Reichlin, Professor of Economics, London Business School
- Susan Athey, Professor of Economics of Technology, The Stanford Graduate School of Business