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Financial services Quote by Sergio Ermotti

“There's no understandable reason why the financial services industry has not developed a more comprehensive sharing of the value chain.” quote by Sergio Ermotti
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“There's no understandable reason why the financial services industry has not developed a more comprehensive sharing of the value chain.”

Sergio Ermotti

About This Quote

Source Interview: Financial Services Conference, 2021

The industry lacks comprehensive value‑chain sharing, missing opportunities for collaboration and efficiency.

In simple terms: Banks don’t share enough value.

Key Takeaway

Promote open data and partnership.

Themes

finance collaboration efficiency

Mood

critical optimistic

Type

business economic

When to use this quote

  • banking
  • technology integration
  • regulation
  • customer service

Key Concepts

value chain sharing economy

Questions to Reflect On

  • What incentives could drive sharing?
  • How would customers benefit?
A Different Perspective

Competitive secrecy may hinder sharing.

2.7 out of 5 (8 ratings)

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