The Digital Journey of Banking and Insurance, Volume I : Disruption and DNA

Claus Stegmann

ISBN 10: 303078813X / ISBN 13: 9783030788131

Published by Springer Nature Switzerland AG Okt 2021, 2021

About this Item

Neuware - This book, one of three volumes, showcases the effective transformation of companies providing banking and insurance services. This first volume gives a business-oriented introduction to the setting and the current challenges of fintech, regtech, and insurtech and provides an outlook on what will be needed in the future. Specific sub-departments in financial services are examined with a view to accounting, risk, and regulatory segments. The book also addresses the importance of cultural aspects of the coming digital transformation with an eye to requirements that will enable a digital bank or insurance company to thrive in 2025.The angle shifts over the volumes from a business-driven approach in 'Disruption and DNA' to a strong technical focus in 'Data Storage, Processing and Analysis', leaving 'Digitalization and Machine Learning Applications' with the business and technical aspects in-between.

Seller Inventory # 9783030788131

Bibliographic Details

• Title: The Digital Journey of Banking and Insurance, Volume I : Disruption and DNA
• Publisher: Springer Nature Switzerland AG Okt 2021
• Publication Date: 2021
• Language: English
• ISBN 10: 303078813X
• ISBN 13: 9783030788131
• Binding: Buch
• Condition: Neu
• Dimensions: 236W x 158H x 30D millimeters 236 millimeters width by 158 millimeters height by 30 millimeters depth
• Weight: 736 grams

About this title

Synopsis

This book, one of three volumes, showcases the effective transformation of companies providing banking and insurance services. This first volume gives a business-oriented introduction to the setting and the current challenges of fintech, regtech, and insurtech and provides an outlook on what will be needed in the future. Specific sub-departments in financial services are examined with a view to accounting, risk, and regulatory segments. The book also addresses the importance of cultural aspects of the coming digital transformation with an eye to requirements that will enable a digital bank or insurance company to thrive in 2025. The angle shifts over the volumes from a business-driven approach in “Disruption and DNA” to a strong technical focus in “Data Storage, Processing and Analysis”, leaving “Digitalization and Machine Learning Applications” with the business and technical aspects in-between.

About the Author

Volker Liermann, Partner at ifb group, worked in the banking industry for over two decades, primarily focusing on financial risk management. Throughout his career, he has focused on developing integrated and comprehensive frameworks to help organizations correctly project risk at a strategic and tactical line of business and departmental level. He has also focused on developing frameworks to integrate stress testing and regulatory stress tests. In recent years, his focus has shifted to digitalization, machine learning and digital processes including improvements to classical financial and non-financial risk management. He has a background in economics and a degree in mathematics from the University of Bonn.

Claus Stegmann has as Co-CEO of ifb group – an international consulting firm – acquired extensive know-how over the last three decades in the financial industry regarding finance transformation, risk management and regulatory compliance.He is intensively engaged with the current challenges of the financial industry, which result from strong changes to customer behavior, a changing competitive environment and new technologies due to digitalization. He has also co-authored books on Stress Tests in Banks, Basel III as well as Digitalization in the Finance Industry, and graduated from Business School at the University of Passau, Germany.