The Geneva banking and financial sector is not merely adapting to the digital transition but also actively shaping the digital future. Geneva stands out for its infrastructure and experience in data management.
Because our prosperity depends largely on our capacity to innovate, the Geneva Financial Center closely monitors these developments in an effort to better understand the challenges of the digital revolution.
The Geneva Financial Centre Foundation supports the digital transition in the following ways:
The World Digital Competitiveness Ranking 2023, published each year by IMD, shows that Switzerland remains in fifth place thanks to the quality of its infrastructure, cutting-edge regulation and the ability of its companies to transform themselves.
The challenges ahead include cybersecurity, the use of Big Data, the availability of venture capital as well as online citizen participation. The study underlines in particular the Swiss citizens' rejection of digital identity in March 2021 and their concerns about transparency.
