1) Insurance: The use of Internet of things and big data will significantly modify the way insurance companies manage their risk across their whole portfolio of products (car insurance, home insurance, life and disability insurance, etc.).

 

2) Payments: The payment industry is undergoing tremendous change. The integration of new payment technology and new related business models are disrupting the field. B2B payments will also be affected, improving the integration between the different business processes. 

 

3) Portfolio Management: The arrival of robo-advisors has disrupted the retail investment sector in the same fashion discount brokerage did 20 years ago. Moreover, the requirements around fee disclosures will push financial institutions to develop new attractive offers for investors.

 

4) Compliance and Cyber Security: The requirements in terms of compliance have significantly increased since 2008. Nevertheless, the related-processes are still not well integrated and hardly computerized in some cases. Additionally, the ubiquity of technology and Internet have turned financial institutions into prime targets for cyber-attacks. The sector of Cyber Security is predicted to develop at a fast pace in the upcoming years.