Category: Client Forum, Technology

What do Hollywood and the financial services industry have in common?

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lightbulbLooking through the rear view mirror at Boston Financial, the reflection tells a story of innovation that truly drove change throughout the financial services industry. Starting out as an insightful joint venture between State Street and DST Systems, we grew to become the largest transfer agent in the United States. At Boston Financial, we’re all innovators. We don’t sit idle, satisfied with the status quo. Bound by determination, we’ve continuously introduced new technologies forever altering business as usual. From punch cards and green bar computer sheets, to digital imaging, to social media, our reflection shows the courage and perseverance we’ve endured, evolving from a standard service provider to a trusted business solutions partner.

Hollywood has a similar story of innovators prevailing over the status quo. Technological innovation has pushed the industry from the silent screen, introducing new sound technologies and film formats to amazing digital effects. Hollywood appears as a driving force powering the introduction of new technologies, but behind the scenes, introducing change to a well established multi-billion dollar industry comes with its own set of challenges. Often, new technologies are perceived threats to the industry and it’s up to the innovators to turn those threats into opportunity.

Scott Kirsner is a local journalist, author and blogger covering innovation in New England. He is the author of “Inventing the Movies: Hollywood’s Epic Battle Between Innovation and the Status-Quo, From Thomas Edison to Steve Jobs.” He will explore Hollywood’s story in September at our 2013 Client Forum. Scott takes an in-depth look at the motion picture industry over time, and chronicles the technological innovations and perceived threats to the industry. Who doesn’t love a good movie? Scott’s interactive session features movie clips and trivia, and in the end you will see that Hollywood’s story is not unlike our own.

Please join us in Boston at the 2013 Client Forum to see what Hollywood and the financial services industry has in common.

Barbara Browne

Barbara Browne

With close to 30 years of transfer agency experience, Barbara is an accomplished executive with a focus on intermediary relationships, oversight, and the evolution of distribution strategies. As Vice President of Financial Intermediary Administration, Barbara is responsible for defining the business strategy and providing product support to assist asset managers with intermediary oversight. She is well known among the intermediary community. Previously, Barbara served on the Investment Company Institute's (ICI) Broker-Dealer Advisory Committee and is currently a member of the ICI Bank, Trust and Retirement Advisory Committee where she works with teams to improve the distribution, operational processing, servicing and support of mutual fund products to better serve the needs of the industry. Barbara graduated from Westfield State College with a Bachelor of Arts degree in English.

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  1. Anya

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  2. Paul Ptack

    This is very interesting article. I just wish Hollywood, Financial services industry and Wall street would put there heads together and end this nightmare that still effects almost half of the people in the United States.

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