Gartner Research

Digitalization Will Make Most Heritage Financial Firms Irrelevant

Published: 29 January 2018

ID: G00338356

Analyst(s): David Furlonger , Alistair Newton


By 2030, 80% of heritage financial firms will go out of business, become commoditized or exist only formally. Financial services CIOs should push their organizations for a more coherent response to digital business.

Table Of Contents
  • Impacts


Impacts and Recommendations

  • Digital Disruptors Will Force CIOs in Financial Services Firms to Accelerate Digital Transformation
    • Recommendations
  • Digital Ecosystem Partnerships Will Enable Disruptors to Rapidly Scale and Offer More Diversified Services to Challenge Incumbents
    • Recommendations

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