Inside Magazine - Issue 12

It should be clear to everyone following the news nowadays that the economy has never been in such a state of rapid evolution, being disrupted by continuous innovation while being subjected to external pressures such as increased regulation and new competitors that put profits at risk.

Our Inside edition aims to provide the leaders (CEO/CFO/COO/CHRO) of today with the keys to decrypting the global trends that are already—and will continue to be—impacting the financial services industry in the short and medium term.

Digital disruption is still one area of focus, with new players and innovative solutions coming onto the market every week, revolutionizing the way banks, investment funds, insurance companies and other financial services providers are working, and with it their business models and sources of revenues.

As the world at large is moving fast, companies are still looking for means to preserve their profits and margins while under pressure from external factors such as regulation. But the latter also give rise to good opportunities if companies are able to use constraints and turn them into competitive advantages, especially when working abroad.

All of these trends are not worth considering, however, if we neglect the human capital, with people adapting themselves to the future and being directly affected by the changes in the end. The scale of disruption is so wide that all the layers of the organization are being impacted, requiring not only changes to how it is structured in order to becomemore flexible, but also the way human resources strategies are defined and adapted to this new approach.

The financial services industry seems to be in turmoil, but these challenging times are also ideal for fostering rapid transformation and conceiving the companies of tomorrow.

We wish you an inspiring read and hope this edition will contribute to successfully bringing your organisation forward in the next stage of its development.

In this issue

• Luxembourg House of Financial Technology
  
• Review of Top 10 Digital Initiatives to transform your Business and lessons learned from the Market
• To what extent will a “robo adviser” replace your financial adviser?
  
• Digital cross-border Wealth management
  When crossing borders, do you know and comply with all regulations, anytime and anywhere?
  
• The digitally-fit organization
  
• Don’t delay the MiFID II implementation phase
  
• “The early bird catches the worm”
  anticipating the challenges and opportunities of PSD2
  
• TARGET 2 Securities
  Time to settle
• CRD IV remuneration requirements
  A burden for financial institutions and HR
  
• Product profitability in Wealth management and Private Banking
  Unlocking profit opportunities with enhanced reporting capacity
  
• Outsourcing outside the box
  
• From happy hippies to tenacious traders?
  Welcome to conscious capitalism
  
• Money makes the world go around–or does it?
  Why CSR is no longer just an option and how to make the most of it
  
• Social impact corner
  Gates Strategy Officer on the evolving philanthropic space
  
• Insurance M&A
  In search of profitability and capital optimization
• Going global
  HR as the ultimate change agent
• Engaging the 21^st century workforce in performance management
• Corporate learning
  How current trends are accelerating the demand for transformation