A huge wave of technology disruption is heading toward the asset servicing industry. Within a five-year timeframe, robotic process automation (RPA), blockchain, and cognitive systems will have a dramatic change and a profound, lasting impact on service providers' operations.
These disruptive technologies combined offer enormous potential for asset servicers to create efficiency, reduce risk, and improve the quality of service to clients. Here we describe where these impacts will be felt most, and outline actions that asset servicers can take to ensure they can ride the wave of technology disruption without being consumed under it.
Performance magazine issue 22, January 2017
Performance is a tri-annual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte's professionals and clients.
This article contains general information only, and none of the Deloitte entities belonging to the Deloitte Network is, by means of this article rendering accounting, business, financial, investment or other professional advice or services. This article is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect the reader's finances or business. Before making any decision or taking any action that may affect the reader's finances or business, the reader should consult a qualified professional adviser.