Financial services of the future

SKOLKOVO IEMS together with the SKOLKOVO Chair for Finance and Payments developed a framework for analyzing innovations in financial services. The framework includes three key elements - Digitalization, Availability and Repackaging - that describe processes leading to creation of new markets and services, new customers and market players. The framework was presented by Vladimir Korovkin and Evgeny Plaksenkov at the Banking Innovation Summit in Sochi on May 22, 2015. IEMS also annouced development of the "Atlas of financial services of the future" based on market evolution scenarios.