Study on "Digitalisation of the Financial Market" | FMA Österreich

Study on “Digitalisation of the Financial Market”

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The framework of the financial market is changing more quickly and fundamentally than ever before due to the digitalisation of financial services. In 2018 we started with a comprehensive analysis about digitalisation in the Austrian financial market. The Study “Digitalisierung am österreichischen Finanzmarkt, Stand, Ausblick, Call for Input” (Digitalisation in the Austrian financial market, the status quo, outlook and call for input) is the intermediate result of this analysis. We would like to use it as a basis for initiating a broader discussion about the implications of the digitalisation of the Austrian financial market.

Your input is therefore particularly important for us. We therefore invite you, our stakeholders – supervised entities, investors, savers, insurance policyholders and consumers, public sector institutions and the interested public – to critically scrutinize the findings and conclusions sketched in this report, and to enrich your own perspectives, experiences and approaches to solutions. At the end of each chapter of the report, we have formulated several questions for you by way of guidance.

Call for Input

Thanks to the large number of responses received from our stakeholders we were able to gain an impressions of the opportunities and challenges that accompany the digitalisation of the Austrian financial market. The FMA expresses its thanks for the comprehensive opinions received and will take this valuable input into account in its agendas as well as for the prioritisation of its supervisory activities accordingly. The findings from the Call for Input can be downloaded here (currently only in German, to follow in English).