- DATA - analysis from McKinsey in 2016


[FinTechnicolor: The New Picture in Finance](https://www.mckinsey.com/~/media/mckinsey/industries/financial%20services/our%20insights/bracing%20for%20seven%20critical%20changes%20as%20fintech%20matures/fintechnicolor-the-new-picture-in-finance.ashx)

[THE AGE OF ANALYTICS: COMPETING IN A DATA-DRIVEN WORLD](https://www.mckinsey.com/~/media/mckinsey/business%20functions/mckinsey%20analytics/our%20insights/the%20age%20of%20analytics%20competing%20in%20a%20data%20driven%20world/mgi-the-age-of-analytics-full-report.ashx)

- Unbundling in retail?

via security? [Frictionless payments threaten security for online merchants](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/2661/Frictionless%2Bpayments%2Bthreaten%2Bsecurity%2Bfor%2Bonline%2Bmerchants%2B_%2BEuromoney.pdf)

- unbundling in FX markets and Trading

[The changing face of FX quants](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/2662/The%2Bchanging%2Bface%2Bof%2BFX%2Bquants%2B_%2BEuromoney.pdf)

[Credit derivatives house of the year](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/2664/Credit%2Bderivatives%2Bhouse%2Bof%2Bthe%2Byear_%2BBNP%2BParibas%2B-%2BRisk.net.pdf) ...The concept is similar to Amazon’s recommendation engine, which drives 35% of
the online retailer’s sales, according to McKinsey.

- AI and unbundling in investing

[The rise of ‘quantamental’ investing: where man and machine meet](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/2663/The%2Brise%2Bof%2B_E2_80_98quantamental_E2_80_99%2Binvesting_%2Bwhere%2Bman%2Band%2Bmachine%2Bmeet%2B_%2BFinancial%2BTimes.pdf)
Asset managers adopt new approach in era defined by automation, algorithms and big data

https://www.quantconnect.com/
https://www.quantiacs.com/
https://www.quantopian.com/

- incentives in Financial supply chain [Michael Lewis: Nobody Understands the Stock Market](https://www.youtube.com/watch?v=I0Yx7RnHAcw&t=246s)