Blockchain and the Age of Digital Disruption in Financial Services

The capital markets stand on the cusp of reinvention. Amid heightened global regulation, technology innovation and emerging fintech rivals are disrupting the status quo, posing a severe challenge to banks’ traditional businesses but also presenting opportunities for digital transformation. At the heart of this digital disruption is blockchain, which holds the potential to simplify infrastructure and processes, reduce costs and risk, enhance security, and improve transparency. To seize the high ground, banks need to think like disruptors and apply modern tools such as blockchain to keep pace with accelerating change. By focusing on customer interfaces, mining meaning from interactional and transactional data, digitizing processes end-to-end and retraining people, banks can better serve customers and outmaneuver non-banking rivals. This TabbFORUM Spotlight, sponsored by Cognizant, explores the emerging digital solutions, techniques and strategies – including blockchain and distributed ledger technologies – that leading capital markets firms are leveraging to compete with emerging fintech offerings.