Monday morning. And I'm doing a PR email. There's no harm in it, I suppose. 'No, boss.' What, Voice?! 'There's no harm in it.' Oh. I thought you were trying to stop me. 'Ha! Carry on, man.' Okay. Okay. Okay. What we got?
Despite the quickening pace of digital innovation, many investment firms are characterized as "digital laggards" having moved slowly to embrace new technologies when compared to their "digital leader" peers.
Okay. Uh. Okay. From State Street.
64% of leaders are applying robust cybersecurity measures to ensure data integrity (22% of laggards).
63% of leaders are aligning front, mid- and back office functions to better service clients (30% laggards).
63% of leaders are fully harnessing data and analytics to improve decision making compared with just 24% of laggards.
63% of leaders have identified future areas of growth and new segments compared with 35% of laggards.
52% are focused on building an integrated, omni-channel approach, compared with just 24% of laggards.
Jesus H. Christ! 'Ha!' I'm sure they're not all lazy people, you know? Maybe, just maybe ... they don't care for technology that much, and they're mystical, spiritual people, like me. 'Yeah.' / And now I'm being asked if I want to speak to Lou Maiuri. 'Oh, I like him!' Shut up, Voice! You don't know him. / Let's do the rest of it.
State Street argues leaders - defined as those using digital technologies to transform their businesses - are excelling in the "three I's of data": integration, integrity and intelligence: integrating internal and external data; drawing new intelligence from it to improve decision-making, agility and client-centricity; and then safeguarding the integrity of this data with the highest levels of cybersecurity.
So? I mean ... whatever.
Despite the quickening pace of digital innovation, many investment firms are characterized as "digital laggards" having moved slowly to embrace new technologies when compared to their "digital leader" peers. The research further reveals -
No, no, no! We don't want no more percentages of laggards, thank you very much. We get the idea, State Street. 'That's the same bit they're repeating.' Yes, but they've got more percentages afterwards. 'Oh.' We don't need them! We don't want them!
Of the investment providers surveyed - a group ranging from universal banks and mutual funds to alternative investment firms and fintech start-ups - almost half (49 percent) say technology is redrawing the marketplace. Eight in ten (81 percent) say digital transformation is important for the future of their organization.
No more! Please! Please! Please!
...
I don't even like writing about technology. However, I didn't have a lot of choice this morning. The only other PR email was about investing in Bitcoin, and it was too much of a hard sell - to tell you the truth.
It's all technology now, man. I'm sick of it. What's happening to the world? Are we any happier than when we were living in caves?
Despite the quickening pace of digital innovation, many investment firms are characterized as "digital laggards" having moved slowly to embrace new technologies when compared to their "digital leader" peers.
Okay. Uh. Okay. From State Street.
64% of leaders are applying robust cybersecurity measures to ensure data integrity (22% of laggards).
63% of leaders are aligning front, mid- and back office functions to better service clients (30% laggards).
63% of leaders are fully harnessing data and analytics to improve decision making compared with just 24% of laggards.
63% of leaders have identified future areas of growth and new segments compared with 35% of laggards.
52% are focused on building an integrated, omni-channel approach, compared with just 24% of laggards.
Jesus H. Christ! 'Ha!' I'm sure they're not all lazy people, you know? Maybe, just maybe ... they don't care for technology that much, and they're mystical, spiritual people, like me. 'Yeah.' / And now I'm being asked if I want to speak to Lou Maiuri. 'Oh, I like him!' Shut up, Voice! You don't know him. / Let's do the rest of it.
State Street argues leaders - defined as those using digital technologies to transform their businesses - are excelling in the "three I's of data": integration, integrity and intelligence: integrating internal and external data; drawing new intelligence from it to improve decision-making, agility and client-centricity; and then safeguarding the integrity of this data with the highest levels of cybersecurity.
So? I mean ... whatever.
Despite the quickening pace of digital innovation, many investment firms are characterized as "digital laggards" having moved slowly to embrace new technologies when compared to their "digital leader" peers. The research further reveals -
No, no, no! We don't want no more percentages of laggards, thank you very much. We get the idea, State Street. 'That's the same bit they're repeating.' Yes, but they've got more percentages afterwards. 'Oh.' We don't need them! We don't want them!
Of the investment providers surveyed - a group ranging from universal banks and mutual funds to alternative investment firms and fintech start-ups - almost half (49 percent) say technology is redrawing the marketplace. Eight in ten (81 percent) say digital transformation is important for the future of their organization.
No more! Please! Please! Please!
...
I don't even like writing about technology. However, I didn't have a lot of choice this morning. The only other PR email was about investing in Bitcoin, and it was too much of a hard sell - to tell you the truth.
It's all technology now, man. I'm sick of it. What's happening to the world? Are we any happier than when we were living in caves?
