Financial Services

Co-Author: Larry Scherzer, Director, Financial Product Development Digital transformation is really about business transformation and is driving the need for new consumption models. Gartner reports that 47 percent of CEOs are being challenged by their board of directors to make progress in digital b…

Cisco’s Mission Statement is to shape the future of the Internet by creating unprecedented value and opportunity for our customers, employees, investors, and ecosystem partners.  We don’t set out to be recognized; however, receiving recognition for our impact in the industries we serve is an extraor…

I was recently introduced to Dave McGrew – Cisco’s version of Yoda! This unassuming, humble engineer looks like a geography teacher and is the kind of guy who creates encryption algorithms in his spare time as a hobby – just like we might do crosswords (OK, I don’t do crosswords but you get my poin…

Disruption.  Transformation.  Digitization.  Change….  The speed at which new developments are occurring in technology is incessant, and it is not a stretch to say; no industry is experiencing a more significant reinvention than financial services. Every aspect of this expansive industry is undergoi…

  Technology is rapidly changing the way we live, work and play. Eight billion devices a year are being brought online. As they are connected, the amount of data in existence and being created daily is truly mind boggling. Every day, we create 2.5 quintillion bytes of data. In almost every indu…

As long as there have been banks, there have been bank robbers. In the past, bank robbers may have held up bank tellers at gunpoint. Today, threats are less visible—but just as frightening. This weekend’s massive ransomware attack demonstrated just how pervasive, far-reaching, and devastating a cybe…

Does corporate compliance have you in a conundrum? Sure, we all dread compliance as we dread doing our taxes every year. It takes time and effort. It and keeps us away from the interesting stuff in our jobs — like innovating, collaborating, and growing the business. After all, employee product…

It’s not news that the financial services industry is being vigorously shaken by digital disruption. While this is true across industries, the wind gusts are particularly strong for financial companies. Financial Services (FSI ) firms are predominantly aiming their digital business initiatives at im…

Over the past several years, tech startups have emerged and disrupted all areas of the Financial Services industry. Wealth Management is no exception. A recent study by Roubini ThoughtLab in partnership with Cisco and 16 prestigious firms gave us deep insights into this disruption. The study highli…