Articles by David Prosser

Gearing up for the robo-advice generation

By David Prosser on April 4, 2016
robo human handshake

Does robo-advice represent the solution for the ‘advice gap’ that many fear has developed since the retail distribution review (RDR) reforms that came into effect three years ago? Regulators certainly think it can be part of…

Big data and asset managers have to mix [full stop]

By David Prosser on March 17, 2016
big data

The big data phenomenon is often described as being all about volume, variety and velocity – that is, more data of greater diversity is being processed at an accelerated speed. It’s a concept that asset management…

Financial Services Firms Need to Find Their Own ‘Digital Ninjas’

By David Prosser on March 1, 2016
chief-digital-officer

It is a paradox. Financial services is a digital business: its customer base – and the assets of these customers – are held and maintained almost entirely in digital form. The industry, moreover, is desperate to…

ETFs: When Active Meets Passive

By David Prosser on February 18, 2016
active-etfs

What on earth is an active ETF? Everyone knows that exchange traded funds are passive vehicles that aim to mirror the performance of a particular market benchmark – so how can the trend towards active ETFs,…

Firms Move Ahead of Regulation and Push for Innovation

By David Prosser on February 4, 2016
firms-move-ahead-regulation

Some nine years after the global financial crisis broke, is the financial services industry finally beginning to look to the future? The eighth instalment of Capgemini’s annual study of the sector’s priorities for IT investment suggests…

Data Privacy: FinTech Opportunity or Threat?

By David Prosser on January 19, 2016
data-privacy-fintech

What do new data protection rules agreed across the European Union mean for innovation in the fintech space? The reforms, finally signed off in December after years of arguments, introduce a common set of rules across…

Are Established Players Threatened by the Blockchain?

By David Prosser on January 6, 2016
blockchain

What goes around comes around. A decade ago, Overstock, the US online retailer, fell victim to a bout of naked short selling, a stock market practice where speculators are able to drive down the price of…

Is the Cost of Regulatory Compliance a Thing of the Past?

By David Prosser on December 29, 2015
regulatory-compliance

There was a time when “light-touch regulation” weren’t dirty words. The idea may now be an anathema, given its association with the financial crisis of 2007, but policymakers have a bad habit of throwing the baby…

Why Financial Services Can’t Afford a TalkTalk Disaster

By David Prosser on December 15, 2015

TalkTalk thinks this autumn’s cyber attack could cost it £35m – and that’s before the reputational damage that the telecoms company has suffered at the hands of its tormentors. To which leading financial services companies –…

The Inexorable Rise of the ETF

By David Prosser on November 26, 2015
rise-of-the-ETF

The rise of the exchange traded fund appears unstoppable. At the end of the first half of the year, according to industry research group ETFGI, ETFs (including exchange traded products) were worth $2.97 trillion globally –…

Asset Management in the Digital Age

By David Prosser on November 12, 2015
asset-management-digital-age

Who wants paper from their asset manager or wealth management firm? In most markets, customers are charged to upgrade when new services become available, but in the investment business, this model has been turned on its…

Bitcoin Triggers a Significant Chain of Events in the Financial Sector

By David Prosser on October 29, 2015
bitcoin

A year ago, Bitcoin aficionados were telling us that the crypto-currency would change the global financial system – they may yet be proved right, but at this moment in time it’s the technology that underpins Bitcoin…