This week’s edition of Kurtosys Spotlight features a Tale of Two Cities inspired report, the future of the modern-day CFO, Kurtosys release news, behavioural psychology, ongoing fintech battles and cashless carols.
Featured White Paper: Outlook 2020: A Tale of Two Scenarios
Well, it’s certainly getting ever closer to Yuletide, and that means that even the world of white papers and reports are getting a Christmassy slant to get us all in the mood, which is of course completely acceptable now that it’s December already.
And from Robeco, they’ve decided to go down the Dickensian road with a Tale of Two Cities inspired investment outlook piece which looks at two different investment scenarios for different asset classes: multi-asset, global equities and fixed income.
The content expertly compares many of these solutions by looking at their historical performance, and also looks into the future to determine (for instance) whether we will expect to see an enduring bull market, or if a recession in the US will ensue. Much of the reports here take a look at the market following on from the global financial crisis until now to break down how these various assets are faring and whether the outlook looks bright for investors or not.
Whatsmore, each report is expertly presented in a chapter format for ease and the segmentation of your reading, with a short (and well-linked) excerpt from Dickens’ novel to go with each outlook. Definitely a stocking filler for those watching the stocks.
Please find the whole report via Savvy Investor.
Featured Infographic: The Future of the CFO
It’s an important exercise to take a look at businesses underneath the microscope and see the roles of what is most important: the people. Within any organisation, financial services or otherwise, it’s the people that are the drivers of success (until the robots take over, gasp!) and each of us has a major role to play in how the modern day business is thriving and moving forward.
This week’s edition of infographic goodness comes courtesy of Visual Capitalist, who have provided a deep dive into the role of the Chief Financial Officer (CFO). As they outline in the accompanying text, there’s been a traditionalist view of the CFO as a ‘number cruncher’: the maths bods that work out the company’s finances using an abacus and advanced hand-drawn tables. But nowadays, that couldn’t be further from the truth, with 41% of the CFOs surveyed stating that the majority of their work is actually taken up by non-financially heavy roles such as organisation transformation, leading strategy, analysis and big data. 46% however still feel that their main body of work consists of accounting, budgeting and planning, as traditional accountants would do.
Then again, much of the financial world in particular is looking into the future of business, and one way that the world is changing is through culture. Cultural innovation is high on the agenda, and CFOs are becoming far more involved with implementing this; a total of 94% of those surveyed ‘agree’ or ‘strongly agree’ that their companies are focused on innovation and partnerships. A further 92% believe that their role as CFO is to support client-facing roles such as marketing, sales and customer experience closely. The infographic also heavily highlights the ways in which financial data extends beyond its tag to help various parts of businesses such as risk, marketing and CRM data and social media insights.
So there we have it: the modern day CFO is an octopal role that supports many stages of a company from the C-suite and beyond through their advanced analytical and data-driven minds. Check out more information via the infographic which you can view on the Visual Capitalist website.
Kurtosys in Focus: DXM Enhancements
We’re constantly updating our Kurtosys digital experience platform to make our services even greater for our customers. Our feature enhancements look to make the management of your digital experiences more seamless, and we’re excited to announce our next release.
There are two main feature enhancements in this edition:
IP Restrictions per domain
If you have more than one domain set up within a single site instance, you can restrict access to this site whilst allowing users to access your main site. This leads to a smoother investor experience and you can activate (or deactivate) restrictions for specific domains within the platform quickly and effortlessly.
Document Download URLs
There’s now a more secure way for Kurtosys Documents users to access their documents via URL; a read-only secure token enhances the security of your account.
For more information about our latest release, check out this blog post from our very own Leandi Kolver, and keep an eye on our blog page for all the latest features and enhancements to the Kurtosys platform coming soon.
Podcast: Standard Deviations
It’s all going on from the Standard Deviations team, which comes courtesy of behavioural finance expert and Chief Behavioural Officer at Brink Capital Daniel Crosby, who we’ve had an incredible chat with on our own Connecting the Dots podcast.
Daniel explains at the start of this brief discussion entitled The Psychology of Commitment vs Context that this is simply a precursor to season three of the podcast series, where Daniel interviews other heads in finance and psychological spaces, and it’s well worth checking out. As that is about to get underway from January next year, we thought it best to bring the past editions to your attention.
In this bitesize titbit of psychological thinking, Daniel wants you to reflect on when you’ve exhibited bad behaviour, such as blaming someone else rather than yourself, or when that exact thing has happened to you in return. Daniel excellently explains psychological concepts to describe contextual behavioural issues and also goes into case studies and books to emphasise these.
It’s an extremely interesting podcast series which very often links to behaviours in regards to money, and Daniel is an expert on exactly that topic; check out all the episodes on the Standard Deviations podcast page on SoundCloud.
Fintech News: EoY Bulletin
We’ve been discussing the past couple of weeks about London being the top of the fintech empire (still, despite political red flags), and also the fact that this year has seen a huge jump in the successes of many UK and Europe-based fintechs. This is especially true for so called neobanks such as Monzo, Starling, Revolut, Atom, the list goes on. 2019 as a year for fintech has seen tremendous marketing efforts across television spots, social media and other digital channels that has really got their names out there, looking to tackle the bigger banks that are striving to remain at the forefront of the customer consciousness.
As it is almost the end of the year (and, if you can believe it, 20 sleeps until Santa visits, yay!), this little roundup of the latest fintech news has come at a great time. As you can probably guess, it’s changing fortunes for everyone. Here’s a small-time roundup:
N26 – The Germany based neobank is doing extremely well on the Continent and Germany itself (with global users at 4.5 million), but after releasing its digital bank in the UK last October, it’s failing to be up there with its app competitors as shown in a handy table in the article. Who knew that the Argos Card app would be so high up?!
Curve – The London-based fintech has seen more of a rocky road, with details of leaked user numbers without resolution, and the writer feeling that the company needs to chase a “mass userbase” to generate revenue.
NatWest – The British bank officially launched its digital bank Bó last week, and not to a great fanfare of praise. There are cases of fraudster sign-ups, and confusion over its bold brand name and accenting, yet it still seems that it could stand out as a key educational tool for those with less savings to invest with.
There’s a brief overview, but definitely check out the full article here.
Social Spotlight: Fintech for the good
It wouldn’t be Christmas without some feel-good factor, and on Twitter, we’re delighted to see how fintech is also heavily included in the traditional setting.
As you can see from the Tweet below, cashless payment means are now available from Christmas Carol singers to help raise money for charity. Great work!
— Chris Gledhill (@cgledhill) December 4, 2019