After all, research reveals investors want hybrid services
The Canadian Securities Administrators (CSA) has published a staff notice on its cybersecurity roundtable, which provides an overview of the themes discussed and some of the key takeaways. CSA hosted the roundtable on February 27, 2017, to explore cybersecurity issues and opportunities for greater collaboration, communication and coordination in the event of a large-scale cybersecurity […]
TMX Group released a new blockchain-based prototype to support an electronic shareholder voting system. The prototype was developed with global services firm Accenture, which TSX hired for design and development consulting services. Read: Top business buzzwords of 2016 “The E-Proxy Voting System prototype aims to significantly improve the efficiency and accuracy of the voting process […]
What the future could be
Maureen Jensen, head of the Ontario Securities Commission, has faith that robo-advisor platforms will not replace human financial advice. “I don’t think they’re going to replace advisors,” Jensen told an audience of financial advisors on Thursday. “Advisors are a very important parts of this market. They’re critical for the interaction with clients. I think what […]
RBC advisors have a new tool to serve clients online, effectively blurring the line between human advisor and robo-advisor. Read: Do human advisor fees offer more value than robo-advisor fees? The bank is using live video to connect clients with advisors in real time, using an online advice platform called MyAdvisor. The platform allows both […]
Tired of hearing how human advisors must compete with robo-advisors? Rest assured, yours isn’t the only industry to face disruption by artificial intelligence. The labour market in general will be hit by the wrecking ball of robotics, reports the Financial Post. In fact, the upcoming federal budget is expected to examine the potential of artificial […]
To address rapid changes in business and consumer behaviour, not to mention a decades-old payments system, banks are making innovation a top priority, reveals a report by PwC. They want to improve the client banking experience and provide web and mobile services that don’t require trips to bricks-and-mortar buildings. Read: Win the wealthy clients of […]
Their reasons for not working with you are daunting, though.
In November 2016, the OSC hosted RegHackTO, the first hackathon by a Canadian securities regulator, which attracted more than 120 members of the Canadian fintech community. Participants competed to find solutions to regulatory problems in four areas: regtech, KYC and identity authentication, financial literacy and transparency in the capital markets. These themes emerged: Distributed ledger […]