The digital transformation is causing major shifts in the financial sector. New players coming from the communication, the technological and the online world, are entering the market with innovative business models. With the ever expanding use of mobile technologies, cloud computing, big data, etc., the “sharing economy” is rising. “Traditional” financial institutions must keep the pace of these developments, while “pure players” offering disruptive services and new business models, must learn to navigate this highly regulated market.
Brussels based law firm Simont Braun set up a specific Digital Finance Team, combining the relevant skills needed to help businesses address the legal challenges of those new developments. Whether mobile payments systems and devices, virtual currencies, alternative funding or lending, big data ventures, etc., all such projects require a multidisciplinary analysis from various legal perspectives: IT contracting and licensing, financial regulation, outsourcing, data privacy & security, etc.
Find the full presentation of the team on http://www.simontbraun.eu/images/SB_Digital_Finance_-_Presentation_of_the_Team_2.pdf