Why FinTech Matters

Why FinTech Matters

While Fintech is a relatively new term, it is certainly not to be confused with a short term trend or fad.  Financial Technologies is here to stay and is drastically disrupting the traditional financial services industry.

If you are a newcomer to this rapidly growing industry, don’t worry.  Forbes published The Complete Beginner’s Guide To Fintech last year which aptly explains the industry transforming the financial services market including mobile payments, money transfers, loans, fundraising, and asset management.  With no signs of slowing, Fintech has grown from $930 million in 2008 to over $27 billion in 2016.  Forbes just released the The Forbes Fintech 50 For 2018.

 

Blending Tradition and High Tech in the Finance Workplace                                                                                                                                                                                                                                                                                                                   

As this industry explodes, approaches to work and the financial workplace require new thinking.     According to Knoll Workplace Research, DTZ and Unwork.com’s 2014 report confirms that the workplace remains a significant driver in relieving cost pressures, increasing productivity and attracting and retaining top talent. They believe that providing flexibility and choice at work is not an option banks might consider, but a strategy they must adopt.  Knoll suggests five workplace strategies and solutions to best serve current and future finance related workplaces:

  • Improve efficiency in back-office workspace design
  • Create a mobile, in-office work experience
  • Mix in spaces for collaboration
  • Design for in-person, client comfort and luxury
  • Offer competitive workplace amenities

 

To learn more about Fintech’s driving forces, workplace priorities and strategies, read the full research articles below or contact American Interiors to schedule a presentation by our Northern Ohio + Michigan Knoll Workplace Leader, Jenna Walker.

Trading Floors to Fintech, Knoll Workplace Research

The Future of the Financial Workplace, Unwork and DTZ

 

Author: Abby Krause | American Interiors
Director Workplace Research | akrause@aminteriors.com

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