Publications

The graphic shows how well Italian users between 18 and 74 years of age know Fintech & Insurtech services in 2018. Internet users are users that have accessed the internet at least once in the last month.

The graphic shows the main variables considered by the Italian SMBs analyzed in 2018 in choosing their bank or insurance company of reference. Each SMB could select 1 or 2 options.

The graphic shows the degree of knowledge of alternative funding methods of the Italian SMBs analyzed in 2018, divided by revenue.

The graphic shows the comparison between 2016 and 2018 on the numerousness of Fintech & Insurtech startups and the funding they received.

The graphic shows the comparison between 2016 and 2018 of the spread of Fintech & Insurtech startups based on the amount of startups offering a specific type of service and the funding they received.

One of the objectives of this Observatory is to help create an Italian ecosystem to help the finance and insurance sectors tackle the changes brought by digital innovation. This is one of the objectives of this Observatory

The Fintech & Insurtech Observatory studies digital innovation in the world of finance and insurance. The 2018 Research focused on the following topics: Use of digital technology in Banks and Insurance companies; Open Finance Journey; Business models of Fintech & Insurtech startups; Blockchain in Banks and Insurance companies; Digital Wealth Management; Usage levels and awareness of Digital Finance and Insurance services on the part of Italian SMBs and users.

The digital revolution is assailing the Italian financial sector, which, although there has been an increase in the understanding of the impact of new technologies – seems still anchored in the traditional approach, based on a physical counter, and in which there is frequently still no defined strategy for the digital transformation process.

The aim of the Fintech & Insurtech Observatory is to outline, and explain how to embrace, the main digital challenges for the world of Finance. The 2017 analysis concentrated on the following topics: financial offerings from Big Tech companies, the role of Robo Advisors, the opinions of Fintech end users, digital financial services for SMBs, business models of Fintech startups, Blockchain projects in the financial sector

The Report analyzes the scenario of Digital Asset Management and Robo Advisors on an Italian and international level. The impact of digital in Asset Management is analyzed through an extensive survey of 185 traditional actors and over 130 startups, with the aim of better clarifying the opportunities, strategies and threats to incumbents and what are the characteristics of the "Robo Advisors".

The Report presents a first picture of the opportunities of Blockchain technology for the financial world. The analysis starts from the definitions and outlines a first scenario of Blockchain solutions at the Italian and international level. Both the ways in which Italian banks are tackling the issue and the 60 Fintech startups active in the global Blockchain ecosystem are being highlighted and mapped by the Observatory.

In its first year of activity the Digital Finance Observatory attempted to delineate the most important digital development guidelines for the financial sector. The first step was to present the context of the Financial world and then examine in detail some circumstances that are disrupting the strategies of all financial institutes: Fintech startups, APIs, Big Data Analytics, Robo Advisors and, more long term, Blockchains.

Is the Italian Financial ecosystem ready for the changes brought by Digital Innovation? Which financial value elements are Fintech Startups aiming for? What are the projects in Italy and abroad that best leverage Big Data? In what way can Big Data opportunities in finance be governed? What is the Digital Asset Management and Robo Advisor scenario at Italian and international level? How are Italian banks facing Blockchain innovations?

What are the main figures and scenarios of third party logistics in Italy? What are the new paradigms and services within the logistics offering? In the shift from multichannel to omnichannel, what are the possible logistics models and their integration with traditional channels? What are the evolution scenarios? Which technologic and digital innovations are changing the face of logistics today?

Imagining digital innovation as a train that moves at different speeds between different stations allows the use of a metaphor to explain what is happening in the business legal professions world. Some firms bought the ticket planning the journey in advance (14%), others, though they decided quickly and at the last minute (11%), boarded the train even if with too much luggage for their destination, others yet are fine where they are but don’t know what to do (27%,) because they are aware of the need to look at new things; finally, nearly half the entire population (48%), does not have the necessary financial and cultural resources to embark on a journey to a still unclear destination.