Emmanuel Daniel tells the story of the ice trade to describe how the "personalization of finance" will evolve. It will have a profound effect on how institutions, markets, and societies will function in the network age. He introduces terms such as the "financialization of everything" and the role of the "dysfunctional state" to describe how entire economies will respond to cryptocurrencies, blockchain, and decentralized finance. This book represents a breakthrough in original ideas that will influence finance, economics, and society for years to come.
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Emmanuel Daniel is a widely traveled global thought leader in the banking industry. He is the award-winning founder of The Asian Banker and Wealth and Society. He is a "Power 50" global top fintech influencer in 2022. He was the winner of the Citibank Business Journalism Award in 1999. He consults with leading banks and financial technology companies. This is his first book. Emmanuel Daniel is a global thought leader in the future of finance. He is listed as a top 10 global influencer in the "Fintech Power50" list for 2021 and 2022. He is also an entrepreneur, writer and a model train enthusiast. Much of Emmanuel's writing is based on his experience in founding and running his TAB Global research and consulting house since 1996. Through platforms such as The Asian Banker and Wealth and Society, Emmanuel has had extensive contact with leaders in banking and finance around the world. He won the Citibank Excellence in Business Journalism for Asia in 1999 for his work on the internet in banking. "The Asian Banker Summit" won the best finance conference from the Asian Conference and Summit Awards in 2012. In his first book, The Great Transition — the personalization of finance is here" published in September 2022, Emmanuel outlines how the banking industry will evolve from being focused on platform technologies to a level of personalization never seen before. He describes the roles of cryptocurrencies, blockchain, gaming and other technologies in this context. The book features forewords written by former congressman Barney Frank, the co-author of the Dodd-Frank Act set of legislations that regulate the financial services industry in the US today and Richard Sandor, an innovator widely regarded as the "father of financial futures". As an entrepreneur, he was previously a member of the Entrepreneurs Organization (EO), a prestigious grouping of young business owners worldwide. He has served or is serving in advisory or consulting roles for various public and private sector institutions at any time, and is a well regarded confidante in leadership circles. He is a well-regarded global speaker on a variety of topics. But he prefers working on strategic assignments with selected clients. He is sometimes interviewed on BBC, Bloomberg and CNBC. Emmanuel was trained as a lawyer, has degrees from the National University of Singapore and the University of London, and attended a course on economics at Columbia University in New York. He travels widely and divides his time between Singapore, Beijing and New York.
"This isn't simply a book about banking or money. Instead, it's a book about the 'financialization' of everything — how the value of a real asset is increasingly based on data about the asset, not the asset itself — and the societal implications of this change." Ron Shevlin, Chief Research Officer, Cornerstone Advisors and Senior Contributor, Forbes "Emmanuel has performed an important service in describing the imperatives that are reshaping the financial architecture that undergirds our economy." Former Congressman Barney Frank, Co-author of the Dodd-Frank Act 2010 "Emmanuel's book helps guide readers through the history, development, and exciting prospects in this new digital world where the individual is front and center. It inspires the reader to learn more." Dr Richard L Sandor, Founder and CEO, American Financial Exchange and Chicago Climate Exchange "Emmanuel's book is a must-read for bankers and financial services intermediaries who do not want to be disintermediated!" Dick Kovacevich, Retired Chairman and CEO, Wells Fargo
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