Turning financial services disruption to your advantage
Disruption presents a c. £100bn opportunity to those financial services businesses who can take advantage of emerging technologies, react to new customer demands and navigate changing regulation. Are you ready for the challenge? #DisruptionAdvantage
Turning financial services disruption to your advantage means thinking about it in a new way. Disruption is not a single event or trend. It happens when different forces collide - when customer appetite for change meets the right enablers: technology, regulation, funding, ease of switching and talent. Macro trends also play a role in driving disruption, such as the impact of climate change on regulation and customer demand for insurance products.
Our latest report 'How to harness 'disruption'' takes a closer look at who is best placed to reap the benefits of disruption. While incumbents enjoy strong competitive advantages due to their trusted brands, lasting success may require partnering with innovative new entrants or adjacent players in new ecosystems. We believe there are roles for all industry player types in a disrupted market and have outlined them in our sector reports. Find out why we feel collaboration is key in the Currency of Collision.
We've mapped the relative customer appetite for new products and services against the relative maturity of enablers across a range of sub-sectors. From this, a picture emerges of where disruption is most likely to occur.
To find the opportunities most relevant to your sector, use the filter options to the side of the grid and select your player type to see where you have the greatest relative competitive advantage. By clicking on a pin, you can discover the story behind the opportunity and where to look next.