By FINTECH Books Contributor, Bolko Hohaus Follow: @BolkoHo ‏ The world has seen unprecedented disruption from technology in many sectors as major trends such as Cloud Computing, Big Data and Internet of Things converge to what some say is the fourth industrial revolution. Now this trend is reaching asset management. The Finance sector, in particular the asset management industry, has broadly been slow to adapt this change. However, we have seen technology already making inroads into asset management with examples such as Exchange Traded Funds using technology to easily replicate indices or the rise of the Internet triggering transparency. In our view, the industry is just about to see the full impact of technological change. Despite rising markets over the last couple of years, fees already came under pressure and we may see even zero fee funds being offered. I see the industrialization of asset management coming and how this industry is different from other sectors.  Here, new technologies such as Blockchain could be interesting. Isn’t it an anachronism that we can deliver milk in one hour but shares settle three days later? Are the Alphabets and Amazons about to take over in asset management? Why some might not agree with this view. Uberization Some think that Uberization stands for tech companies replacing banks and asset managers. In my view, Uber stands  for the ‘gig’ economy for a highly efficient, mostly outsourced operation that uses the latest technology and increases the efficiency of underutilized assets. Netflix or Apple demonstrated what ease of use means, Tesla shows that your product feels fresher if your car comes with a regular software update. Hence, the Uber Moment of Asset Management will create an avalanche of new, easy to handle tools and new players who are betting on this technology are likely to gain share. If you would like to learn more about FinTech please look at our video courses at FINTECHCircleInstitute.com