RONALD JANSEN

摘要

WHILE THE SALES AND TRADING AREA of investment banking has become highly automated over the past few decades, the advisory and client services space has a long way to go yet, says Ronald Jansen, head of UBS's global banking data lab. "Sales and trading used to have several hundred people on the floor to trade single stocks, whereas today only a handful are needed to execute trades on digital platforms. Yet that transformation hasn't happened in classical investment banking," he says. In this area, an army of junior bankers manually create analytics to help senior bankers pitch their analyses and ideas to executives at client companies. "They download data from sources like Bloomberg into spreadsheets, perform calculations and then turn the analytics into a PDF or PowerPoint presentation for a senior banker to take to a client meeting," he says. "They are using the same technology that they used 20 years ago. But that is beginning to change now with data and technology - and the opportunity is huge because this business is very data intensive."