Authors: Sean O'Dowd, Li-May Chew, Patricia McGinnis, Aaron McPherson, Rachel Hunt, Dana Gould, Jeanne Capachin, Barry Rabkin, Rachel E. Happe, Bill Bradway

Perspective
May, 2008  -  Doc # FIN212304
Number of Pages: 7

This Financial Insights Perspective provides the FinSights Advisor's weekly perspective on the financial services industry. It provides financial institutions with timely guidance about maximizing one's technology investments. This week's issue focuses on social networking. Social networking is rapidly expanding beyond the likes of MySpace and Facebook into the corporate world. Will social networking impact a financial institution's business model? What should financial institutions do to comprehend and cope with new, unstructured, and dynamically evolving digital communities? Institutions need to operate on Internet time to be relevant.

This document will provide a framework that defines social networking for all three financial industry segments (banking, capital markets, and insurance) as well as provide guidance to financial institutions and FinTech and infrastructure vendors and investors.

In This Perspective | Background | Timing | Assessing the Impact | Guidance | Learn More

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