Industry | 2016.01.21
Modular Financial Services: The New Shape of the Industry
NEW YORK & DAVOS, Switzerland--(BUSINESS WIRE)--Financial services are becoming “modular”, with digital distribution platforms, new product providers, alternative sources of capital and a growth in outsourcing fundamentally reshaping the industry. This is according to Modular Financial Services: The New Shape of the Industry, a new report by global management consultancy Oliver Wyman. The Oliver Wyman study estimates that this change could see $1 trillion of revenues and costs shift in banking
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