FSIReview: Issue 16

In November 2017, the second Singapore FinTech Festival, organised by the Monetary Authority of Singapore and the Association of Banks in Singapore, welcomed more than 30,000 people, from 100 different countries in a week-long celebration of FinTech. It was the largest FinTech gathering anywhere in the world and Deloitte was proud to have been a part of the event as a Grand Sponsor.

In this issue of FSIReview, we explore some of Deloitte’s insights that were showcased during our participation at the FinTech Festival.

Starting things off, we bring you the highlights of our involvement at the FinTech Festival where our global leaders presented their views on topics such as the global market for FinTech, data analytics and applications, and Open Application Programming Interface (API).

Next, we share our perspectives on the future of the financial services industry in two articles. The first article focuses on the future of risk and highlights six imperatives financial institutions should follow as they plan for a new era of risk management. The second article reveals the results of a survey on global executive’s expectations for the future of financial services.

We also examine the new status quo in the financial services ecosystem in our latest report, developed in collaboration with the World Economic Forum, before rounding things off with a look at how financial institutions can craft a clear cyber regulation strategy in a diverse region such as the Asia Pacific.