Institute of Chartered Accountants explore the future with CBoxx and OCP

Having examined our paper on the future of financial planning the Financial Services division of the Institute of Chartered Accountants in England & Wales (ICAEW) contacted CBoxx and OCP to author a special article for their members magazine FS Focus.

The theme of the original paper was extended to explore how the boundaries between certified financial planning, chartered accountancy, tax and legal practices will continue to dissolve as technical advances such as cloud services, data driven machine learning, and secure data collaboration through blockchain inspired technology mean that financial professionals will access increasingly joined up services.

We also look at ideas such as the emergence of the new ‘legal programmer’ profession and how firms will come to differentiate themselves in the market through the quality and depth of teaching invested in their own expert systems. The tone remains positive throughout because although we see the industry changing radically, essential new professions will emerge and the outcomes will ultimately make the financial services industry cheaper, safer and far more accessible and broadly appealing for customers.

The FS Focus article itself is only available to ICAEW members but that article was based on our original futurology whitepaper that you can read here: Financial Planning: An Optimistic View of the Future

Blockchain White Paper on the Future of Financial Planning

Based on our collaborative research in 2016, CBoxx and OCP have co-authored a new white paper that offers an optimistic glimpse of the future for financial planning with particular focus on the possible effects of blockchain technology on the underlying investments industry stack.

We begin with a “Day in the Life” of Fara, a young financial planner in the 2020’s, followed by a broad outline of how the industry could evolve to that point from today …

CBoxx OCP White Paper Financial Planning Optimistic Vision of Future v10