Wealth and Asset Management 2022: The Path to Digital Leadership

The Path to Digital Leadership

Digital transformation is happening now, driving financial institutions to question which platforms, technologies, and financial technology solutions will ensure success. In a new global study, Roubini ThoughtLab surveyed 1500 industry leaders to explore the motivations, benefits, and rewards that result from embracing the new digital world.

Digital transformation survey results include:

  • 41 percent of respondents say digital transformation creates value by boosting revenue growth
  • 59 percent will use the cloud to facilitate digital leadership by reducing operating costs and accelerating time to market
  • Digital leaders now generate 39 percent of their revenue through digital channels—and expect that amount to rise to 59 percent by 2022
  • Earlier adopters will see large performance gains; laggards will lose $79 million per billion
  • New technologies like Blockchain will explode in the next five years, enabling smart contracts, improved transparency, and the ability to quickly tap into new markets

View research report