Cameron pushes massive FinTech job growth agenda

FinTech

Innovate Finance has published its ‘UK 2020’ manifesto calling for a surge in FinTech jobs, garnering support from David Cameron on his Asian trade envoy.

Innovate Finance, an industry lobby group for the financial technology (FinTech) industry, said it wants the UK to create 100,000 new sector jobs by 2020, adding to the 135,000 it currently supports.

As part of his trade mission to South-East

MEET THE BIONIC ADVISOR… Embracing technology does not mean replacing human advisors.

embrace

Instead of viewing robo-advisor platforms as the competition, advisors should focus on the opportunities they present. First, adding the new technology to your service menu can help you more fully articulate your value proposition to clients and prospects. Second, these platforms can add efficiency to your practice, increasing your profitability and, possibly even more importantly, helping you economically serve clients who may have limited assets

4 Technologies That Will Revolutionize Financial Services

The financial system will need to be a platform that federates existing players (such as banks) and new players (such as telecommunication companies… )
1) bitcoin-inspired distributed systems
2) open APIs (application programming interface) as a new way to consumer business services on the internet
3) crowd-sourced identity schemes
4) open source hardware and applications

How can the traditional industry players prepare for such changes?

Bitcon/Blockchain Revolution Gets Endorsement in Wall Street Survey

blockchain

Digital Currency / Related Technology Could Accelerate Trading & Transaction Settlement on

They added: “It is not bitcoin itself that has the potential for changing the institutional capital markets. The , the technology that allows bitcoin to exist and be transferred safely without an intermediary, presents a much bigger opportunity for financial services firms.”

“Can Bitcoin and the blockchain be separated

Democratize Access to the Financial Markets – Financial Technology

As retail investors gain ‘’ access, jury remains out on whether reward outweighs risk

As companies expand their trading services to retail investors, experts are unsettled over what the democratization of these technologies means for the average investor.

Financial technology firms, collectively known as “fintech,” are swiftly bridging the technology gap between retail traders and their institutional counterparts. They are developing