Deregulation alone has not spurred the convergence in financial services. Growing capital markets, improving information technology and increasing competition will likely have a bigger impact.The convergence of financial services institutions traditionally has been defined as "the blurring of conventional boundaries separating the providers of once-discrete financial services."
There have been four primary motivators for financial services firms to converge in product and service offering. They are:
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access