The nature of the management challenge in financial services has changed. It now focuses on the development of new business models which can take advantage of the new opportunities and dislocations which change creates, while preventing the loss of value to new entrants and disruptors.
These new business models have to be developed in a complex and rapidly-changing environment, with new dynamics, industry disruptors and innovative technology reshaping the landscape.The articles in this edition of Frontiers in Finance illustrate the huge scale and pace of the changes taking place in the global economy, and the complexity of the challenge which these external changes impose on the financial services industry.
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