We have seen it in movies, we have read fantastical futuristic
fiction about it, and now it is upon us: Robots performing
The future posed by film creators and novelists is still a bit
further away, but the technological advancements that could make it
possible are coming. We have already seen robots in factories for
years, mimicking human arms and legs, but now we are on the verge
of seeing robots that replicate the human brain. Just like their
physical cousins transformed manufacturing, these
"virtual" robots are likely to change the way we run our
business processes. Robot-led automation has the potential to
change today's workplace as dramatically as the machines of the
Industrial Revolution changed the factory floor.
Organizations—financial industry players in
particular—are facing significant internal challenges
and external industry and consumer changes. To survive, they
must focus their efforts on creating value for their
customer; focusing very often means investing. They have no
choice but to optimize their cost side and hunt for
any efficiency waste. Financial institutions must take at
least three dimensions into account that have an impact on
dimension: Client expectations are more demanding while
the competition is stronger. That leads institutions to face cost
dimension: Institutions have ambitions to grow, but
usually face difficulties to take regulatory changes, consumer
trends, and technology trends into account.
dimension: Institutions want a fully scalable, nimble,
low-cost operating model.
Inside is Deloitte's quarterly magazine offering an
exclusive insight into best practices, trends and opportunities
faced by our clients across all industries.
Inside focuses on the main hot topics relevant for the market
(Asset management, Banking, Insurance, Public sector, Healthcare,
Private equity, Real estate, TMT, Manufacturing and consumer
business, Transport and logistics).
Exchange-traded funds (ETFs) have solidified their position as one of the successful financial innovations of recent years, having become a strong alternative to mutual funds and other financial products.
A population roughly one tenth the size of Luxembourg's gathered in Lisbon, Portugal last week for the 2016 Web Summit.
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