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Lessons from the media industry applied to the shifts taking place in finserv [Michael Stemmle]

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by additiv
| 25/05/2020 12:00:00

Over 20 years ago, the media publishing industry started going through a massive change with the widespread consequences we still experience today. It may seem counter-intuitive, but that transformation was not industry-specific; it was about digitalization as opposed to media per se. As such, it services a clear portent for the changes happening today in the financial services industry.

In the early 2000s, media publishing looked eerily similar to the current financial landscape. Digital publishing was a siloed affair, cross-channel operations were virtually nonexistent, and automation was just emerging as an option.

Although it's a more diverse and more complex industry, the same structural changes are happening within the financial service industry.

In this video, additiv's CEO Michael Stemmle shares the steps the finance industry, and in particular the wealth management industry, to adapt to this change.

For further insights, please read Michael's blog on Medium.