LMA releases results of its FinTech Survey23 May 2019
This survey was conducted with LMA members to better understand how they are using or planning to adopt new financial/legal technology.
It illustrates what our members are doing in the FinTech space, as well as their views about loan market technology more broadly.
Question 1: To what extent has your organisation been affected by the growth of FinTech? Please give an answer on a scale between 1 (not affected at all) and 5 (greatly affected).
Question 2: What is your personal opinion of FinTech?
Question 3: Do you believe you know as much as you need to about FinTech, as likely to impact your business?
Question 4: If no, in which area do you think your knowledge could be most improved:
Question 5: What do you think is the biggest challenge to the adoption of technology for syndicated loans?
Question 6: Does your syndicated loan business have, or is it looking to adopt, a technology strategy?
Question 7: If yes to question 6, are you receiving a return on your investment?
Question 8: If yes to question 6, what is your institution's approach to developing technology? (Please tick all that apply)
Question 9: Which of the following emerging technologies does your business use (or is looking to use) (Please tick all that apply)
Question 10: Do you think the law needs to be more permissible to allow technology solutions to flourish?
Question 11: If yes, specifically what areas?
Question 12: Which area of the syndicated loan market do you think technology will assist with most?