Problem
Analysis of how technological change is affecting financial intermediation with broadly understood.
1. Implications for maturity transformation - Data analytics to help with maturity matching. Could include intra-day liquidity management here also see this at finextra and a new blockchain enabled trial of foreign exchange related liquidity management
2. Deposit aggregation - new forms such as blockchain, crowdfunding
3. How do shadow banks benefit from new technology? Cheaper access to money markets, Yu'e Bao for instance aggregates deposits more cheaply and offers better rates (see also how "digital red envelopes" in China enable client acquisition)
4. Analytics for risk management/reassurance
5. Disintermediation e.g. Wechat, reduced/no engagement with underlying bank accounts.