08 Jul WHY HIRE A FINANCIAL SERVICES FUTURIST? – A KEYNOTE SPEAKER WEIGHS IN
Fun fact: It may surprise you to learn that financial services futurists work similarly to banking futurists, but their focus is broader, encompassing the entire financial services industry, which includes banking, but also insurance, asset management, fintech and other related sectors. Some of the types of work that these keynote speakers, industry consultants, and financial services futurists tend to perform might run the gamut of options as seen below:
Market Research: Like banking counterparts, those financial services futurists working in the sector analyze historical data, current events, and emerging trends to identify potential future developments. Perhaps you may see them looking at trends in technology, regulation, consumer behavior, and societal changes that could impact the financial services industry.
Predictive Analysis: You might also catch these folks creating forecasts for the financial services industry based on their trend analysis work. For example, items that consider how new technologies like blockchain or artificial intelligence will reshape financial services, or how changing regulations or demographic shifts could impact the industry.
Scenario Planning: Financial services futurists use their forecasts to build different future scenarios which can help companies prepare for a range of potential futures, allowing them to create more flexible and resilient strategies.
R&D Work: Such financial services futurists can also aid in developing new products, services, or business models that are designed to take advantage of anticipated future trends. For instance, creating new fintech applications, designing innovative insurance products, or creating new investment strategies.
Consultation: Many financial services futurists also work as consultants, advising financial firms on how to adapt to tomorrow’s business world, offering strategic advice, help with digital transformation initiatives, or guidance on navigating regulatory changes.
Public Speaking and Publishing: Like other working futurists, those in the financial services industry often share their insights through public speaking, publishing articles or books, or appearing in media interviews as well. Many provide thought leadership and influence the industry’s thinking about the future.
Professional Development: Pros here often also provide educational services, helping financial services professionals better understand potential future changes and how to adapt. Work might include designing and delivering training programs, hosting webinars or workshops, or creating educational content.
