Tabb: Don't Fight Technology, Work With It Intelligently

Financial service companies shouldn’t fight technology advancement, but rather work with it. As revenue margins shrink but regulatory burden increases, “capital markets are finally under severe pressure to change.” Managing this change is what will separate the winners from the losers in the future. Such is the message from a new Tabb Group study on disruptive technology in capital markets, a report that shines a light on how to “transform business models capable of success in the digital age.” Embrace don’t fight technology There will be two financial firm business models going forward: those that fight technology advancements and fight the…