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Data Model for our Banking Platform 2020 
An Access Database is available.

The Specifications for this Platform have been derived from an excellent and very thought-provoking article by Martin Wolf in the Financial Times newspaper for March 11th. 2016 entitled "Good news – fintech could disrupt finance”. It states “Banking is currently inefficient, costly and riddled with conflicts of interest”.

Our Banking Data Platform 2020

Banking Platform 2020 Data Model
Banking Data Platform

The FT article referred to above identifies three possible sources of disruption :
1.Payments Transformation, with one possibility being real-time settlements via 
   distributed ledgers.

2.Peer-to-peer Lending, in which new platforms disintermediate the traditional 
  businesses in matching savers with investments.

3.Big Data – “this might transform the quality of lending, which would be a good 
  thing. But the most striking effects are likely to be felt in insurance. With new 
  monitoring devices, insurers might gain direct knowledge of the quality of driving or 
  of the state of the clients’ health”.   

Our new Banking Data Platform 2020 reflects this article.

March 11th. 2016
Database Answers Ltd.
London, England


© DataBase Answers Ltd. 2016

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