Jay D. Wilson, Jr., CFA, ASA, CBA, Vice President and head of Mercer Capital’s Financial Technology practice, recently had his book, Creating Strategic Value Through Financial Technology, reviewed by PlanetCompliance, a platform that provides regulation and compliance news and resources to professionals in the financial industry.
The review, Creating strategic value through FinTech – and what tennis has in common with banking in the age of digitalisation, says the following on Jay’s book:
Jay Wilson discusses the strategic value of FinTech, providing insight on how traditional financial institutions and FinTech companies can boost innovation and enhance valuation in a complex regulatory environment.
Wilson’s book…gives a very good overview of the technological advancements and how they change the different aspects of financial services. He shows us the historical context of FinTech from ATMs to the evolution to stock exchanges and more before the book discusses the various niches of FinTech such as alternative lending, payments, wealth management and insurance and the emerging trends. The third and last section then provides valuable insights regarding the options for both traditional financial institutions as well as FinTech companies. As during our conversation, Jay stresses the need to evolve and addresses the key strategic questions both sides face. He also focuses on the investment side in FinTech start-ups, particular with a view to early-stage evaluation of firms before he looks at the more mature companies and their options up until a successful exit strategy in the form of a merger or acquisition.
Jay is the author of Creating Strategic Value Through Financial Technology (John Wiley & Sons, 2017). As the leader of Mercer Capital’s Financial Technology team, Jay is involved in the valuation of financial institutions and FinTech companies for a variety of purposes including ESOPs, mergers and acquisitions, profit sharing plans, estate and gift tax planning, compliance matters, and corporate planning. Jay also publishes research related to the FinTech industry.