Disruption in US and global financial services

Tuesday, October 15, 2024 

An engaging discussion of the findings from our new global financial services report, Financial Futures: Disruption in US and Global Financial Services.

The report identifies and analyzes disruptors in the industry such as AI use, ESG requirements, digitization of financial services, privacy and cyber risks, and the issues that matter most to senior leaders of financial institutions and fintechs.

The report findings are based on nearly 800 surveyed decision-makers in the global Financial Services sector. Key insights include:

• Respondents across the global sector believe that digitalization (more than 70 percent) and AI (86 percent) will have a transformative effect on financial services over the next two years.
• More than 80 percent of financial services organizations believe that it’s “the new normal” for ESG concerns to be a core driver of the industry.
• Half of respondents state that the greatest impact on their business over the past two years has been managing risks related to cybersecurity and financial crime, and more than half (57 percent) expect this issue to affect them in the immediate future.

Our discussion included a fireside chat with Ambassador Marc Grossman on “Geopolitics, the Global Economy, and Driving Change”.  Ambassador Grossman served as US Ambassador to Turkey, Assistant Secretary of State for European Affairs, and Under Secretary of State for Political Affairs. He was most recently the US Special Representative for Afghanistan and Pakistan and is currently a Vice Chairman of The Cohen Group, a business strategic advisory firm headed by former US Secretary of Defense William Cohen, and a Vice Chair of the German Marshall Fund board of trustees.

CLE credit was offered for this event.

For more information
Please contact Trina Bazarte.