This book analyzes the set of forces driving the global financial system toward a period of
radical transformation and explores the transformational challenges that lie ahead for global
and regional or local banks and other financial intermediaries. It is explained how these
challenges derive from the newly emerging post-crisis structure of the market and from shadow
and digital players across all banking operations. Detailed attention is focused on the impacts
of digitalization on the main functions of the financial system and particularly the banking
sector. The author elaborates how an alternative model of banking will enable banks to predict
understand navigate and change the external ecosystem in which they compete. The five
critical components of this model are data and information mastering effective use of applied
analytics interconnectivity and junction playing development of new business solutions and
trust and credibility assurance. The analysis is supported by a number of informative case
studies. The book will be of interest especially to top and middle managers and employees of
banks and financial institutions but also to FinTech players and their advisers and others.
