Technology such as robo-advice is a true disruptor of the asset management sector but it can also benefit end invesotrs and professional investors, Traynor said. It is creating massive opportunites in the US in particular.
The arrival of application programming interfaces (API) is a technology which could create whole new marketplaces he said, while cloud infrastructure is making big impact on the efficiency of the business model.
Millennnials are the main drivers of the new technology but Traynor says older generations are also using technology heavily making digital experiences useful for all audiences.
