Technological Revolution in Finance: The Example of Corporate and Investment Banking

The increasing penetration of digital technologies in Corporate and Investment Banking (CIB) implies a triple revolution. First, an industrial revolution: new opportunities for growth and cost reduction emerge with the growing automation of core banking functions – connection, both with clients and between employees, innovation, processing of operations, decision making. Then, a market revolution: specialized new entrants are able to disintegrate value chains. Besides, digital pioneers can reinvent their business models and fundamentally transform their markets’ structure and dynamics. Finally, a managerial revolution, as digital disruption involves developing whole new skills and mindsets among employees.