financial services at the edge
TRANSCRIPT
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Financial Services at the Edge
AIST Young Super Network
Stephen Huppert, Partner Deloitte
@stephenhuppert
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"Computers in the future may weigh no more than 1.5 tons.“ - Popular Mechanics (1949)
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Everything in this 1991 RadioShack ad exists in a single smartphone.
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The arrival of digital technology — the synthesis of computing and
communications technology — marks the advent of one of the most
ubiquitous generally applicable technologies the world has ever seen. Its
impact has been, and continues to be, revolutionary for most industries,
altering business operations and resulting in major productivity gains.
Financial System Inquiry Report released 7 December 2014
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“I used to say that this is the most important graph in all the technology business. I’m now of the opinion that this is the most important graph ever graphed.” —Steve Jurvetson
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Robo Advisors
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Robo Advisor links:
https://www.betterment.com/
https://www.wealthfront.com/
https://www.learnvest.com/
https://www.stockspot.com.au/
http://www.nutmeg.com/
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https://www.youtube.com/watch?v=fAl2FDFR7VM
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Peer 2 Peer
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Peer 2 Peer links:
https://heyguevara.com/
http://www.societyone.com.au/
http://www.zopa.com/
https://www.investup.co/
https://www.crowdcube.com/
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The Internet of Things
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https://vimeo.com/93142574
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Telematics
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Internet of Things links:
https://www.samsung.com.au/sdrive
https://www.aiavitality.com.au/
http://insurancebox.com.au/
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Big Data and Analytics
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There are two sources of Competitive Advantage:
• Learn about your customers faster than your competitors
• Put that learning into action faster than your competitors
Jack Welch former CEO of GE Capital
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https://www.youtube.com/watch?v=XT-gOFRHRFc
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Social Media
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Social Media links:
http://www.socialpay.me/
https://www.8securities.com
http://www.etoro.com/
http://www.socialpay.me/
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It’s all about the customer
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Tom Goodwin Senior Vice President of Strategy and Innovation at Havas Media.
The Battle Is For The Customer Interface
Uber, the world’s largest taxi company, owns no vehicles
Facebook, the world’s most popular media owner, creates
no content
Alibaba, the most valuable retailer, has no inventory
Airbnb, the world’s largest accommodation provider,
owns no real estate
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https://vimeo.com/113291574 https://vimeo.com/113291574
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"Investor concern over the threat of new technologies is overstated." —Blockbuster analyst report, 1999
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Contact
Stephen Huppert
Partner
Deloitte
au.linkedin.com/in/stephenhuppert
@stephenhuppert
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About Deloitte
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in 140 countries, Deloitte brings world class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's 150,000 professionals are committed to becoming the standard of excellence.
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About Deloitte Australia
In Australia, Deloitte has 12 offices and over 4,500 people and provides audit, tax, consulting, and financial advisory services to public and private clients across the country. Known as an employer of choice for innovative human resources programs, we are committed to helping our clients and our people excel. Deloitte's professionals are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities. For more information, please visit Deloitte’s web site at www.deloitte.com.au.
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