Technological disruption has become the norm for many industries. The music and film industries have had to respond to new mediums for distribution and consumption, not to mention piracy. Now, it's investment banking's turn. Technology is transforming the industry in a way never experienced before.
Historically, technology has been used to create new trading platforms, develop new financial products and streamline processes for cost savings. Today, evolving digital technologies challenge the traditional investment bank value chain, allowing for new entrants to be both innovative and disruptive.
This comes at a time when it is cheaper and easier than ever for smaller, innovative startup firms to create new...
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