.png)
Definitive and Up-to-Date Longevity Financial Industry Framework and Enhanced Big Data Analytical System Released by Early Pioneer in Longevity Financial Industry Activity
Deep Knowledge Group (DKG), a data-driven consortium of commercial and nonprofit organizations active in the realm of DeepTech and Frontier Technologies, the first entity to coin and define the terms “Longevity Industry” and “Longevity Financial Industry,” and to formulate comprehensive frameworks for their effective analysis, has published its newly updated Longevity Financial Industry Framework, which has been developed and finalized on the basis of half a decade of analytics, industry monitoring, and Big Data Analytical System development.
View Longevity Financial Industry Framework here: www.deep-innovation.tech/longevity-finance-framework View Longevity Finance Big Data Analytical Dashboard here: www.deep-innovation.tech/longevity-finance-dashboard
The task of creating the most reliable forecasting system possible for the Longevity Industry is rendered extremely challenging by its ever-multiplying complexity. Moreover, the industry’s increasing multidimensionality, intersectionality, and technological fusion presents even greater challenges to forecasting than those posed by this intrinsic megacomplexity.
Furthermore, Longevity is on the road to being financially commoditized in much the same way as metals, gold, and oil were in the 19th century. The Chicago Board of Trade and the London Metal Exchange offered a marketplace with secondary financial products such as indices, futures, and derivatives. Similarly, IT and Tech 1.0 were commoditized from the mid-1980s onward with the development of the Nasdaq index and related financial instruments.
Just as advances currently being made in Longevity innovation will result in Longevity-related goods and services becoming commoditized and widely available to the average consumer, concurrent advances in ecosystemic financial infrastructure design and innovation will result in the financial commoditization of Longevity Industrialization, making more liquid, stable, tradeable and ‘bankable’ exposure to the Longevity industry available to a much broader scope of investors and financial industry participants
Meanwhile, Longevity remains the “elephant in the room” in our economy and society. For instance, underestimating life expectancy by just one year can increase a pension fund’s liabilities by approximately 5%. It will not be an understatement, therefore, to say that deep, tangible industry analysis and reliable forecasting plays a vital role in the growth, maturation and overall stability of the Longevity Industry.
That is why the Data Science division of Deep Knowledge Group have embarked upon updating their Longevity Financial Industry Framework (first released in 2019) as a powerful system of tools for investors and financial industry participants to make the most informed, up-to-date strategic decisions that amplify further industrial growth and enable individuals and national economies alike to reap Longevity dividends.
This framework serves as an instrument to support the accelerated development of Longevity Industrialization and Financial Commoditization, the establishment of an integral financial infrastructure for their further growth and stabilization.
This framework will support this growth and stabilization by making it possible to chart the emerging paradigm of Health as the New Wealth and the increasing need for wealthspan extension to match the pace of increasing healthspans, and establish the ecosystemic financial infrastructure needed for the rise of Longevity-focused retail banks, investment banks, stock exchanges, ETFs, technology marketplaces, and modern Longevity-focused financial instruments and derivatives.
It will serve as a blueprint for modern, engineered InvestTech solutions to de-risk investment and financial industry activity and bridge the Big Longevity Liquidity Gap, the latest and current obstacle to the industry’s growth and stabilization. And as DKG has long argued in numerous publications, reports, articles and presentations over the past half-decade, bridging this gap will unleash near limitless volumes of capital influx while simultaneously accelerating and stabilizing the upward trajectory of Longevity Industrialization more broadly.
It is with this vision in mind that Deep Knowledge Group decisively set to work on developing the core investment and financial industry infrastructure (platforms, indices, exchanges, financial instruments and derivatives) needed to implement DeepTech and Longevity Financial Commoditization, which will establish the DeepTech and Longevity Industries as fundamentally new asset classes.
For this reason, in 2022, Deep Knowledge Group launched DeepTech and Longevity Industry Financial Advisors to act as the practical vehicle to support the integrated financial infrastructure necessary for the accelerated industrialization of DeepTech and Longevity.
Longevity and DeepTech Financial Advisors Ltd. is a leading advisory boutique focused on the Longevity and DeepTech industries. Its shareholders and senior managers have built up significant expertise in private and public capital markets, as well as a substantial network of companies operating in the industry. They provide intermediary financial services that are deployed in the form of an interactive online semi-automated IT-platform designed for end-users of investment products and services. They serve as the WealthTech/InvestTech financial marketplace for professional investors, family offices, and institutional investors and provide industry-specific analytical systems to enable the significant optimisation of dealflow, stock selection, and execution capabilities for investors.
The ongoing and upcoming activities of DeepTech and Longevity Financial Advisors serve as a central pillar of DKG’s strategic agenda for 2023-2025. You can learn more about the company’s activities through DKG’s dedicated Longevity Finance event series for investment and financial industry professionals, Longevity Financial Club, as well as via the summary articles and video galleries of its flagship 2022 events, including its the club’s launch at the prestigious Oxford and Cambridge Club and its Longevity FinTech and InvestTech event at London’s landmark Shard building.
As the first company to formulate the terms “Longevity Industry” and “Longevity Financial Industry” and the first to create a dedicated full-scope analysis of these domains, Deep Knowledge Group is in an ideal position to develop their essential tools and to share them in an open-access manner for the benefit of other industry decision-makers.
Defining the Longevity Financial Industry
We gave definition to these terms and concepts through multiple analytical reports and industry landscape overviews.
The concept and specific coinage of a “Longevity Industry,” for example, debuted in Deep Knowledge Group’s 2017 Longevity Industry Landscape Overview: The Science of Longevity.
Aging Analytics Agency was the First to Formulate in 2018 the Term ‘Longevity Industry’
This inaugural analytical report not only coined and popularized the term “Longevity Industry” for the first time, during a period in which most professionals were still referring to it as the anti-aging industry, but also led to Aging Analytics Agency’s exclusive contribution of the definition of the industry in its entry ‘Longevity Industry’ for the Encyclopaedia of Gerontology and Population Aging, the world’s largest and most comprehensive encyclopaedia on aging and Longevity compiled and edited by Danan Gu (Population Division of the United Nations Department of Economic Social Affairs Population Division, New York, USA) and Matthew E. Dupre.
Aging Analytics Agency’s unique and exclusive contribution of the ‘Longevity Industry’ entry in the Encyclopaedia of Gerontology and Population Aging (pages 2995-3002).
The concept of “Longevity Finance” was first introduced and forecasted shortly thereafter in a commercially-focused 2018 second volume: The Business of Longevity, shortly before the rise of concerted, explicit and public interest in Longevity from some of the world’s largest financial corporations and institutions.
These reports initiated a 5 year-long in-depth analysis of Longevity, an industry of ever-multiplying complexity that would eventually come to comprise 20 sectors and 160 subsectors, as illustrated in our 2022 release of the world’s largest Longevity Industry database (72,000+ companies, 12,000+ investors, and 1000+ R&D hubs, covering over 18 million data points in total) and corresponding 2022 Longevity Industry Journal.
Thus began the development of Longevity as an industry rather than a science and, more importantly, Longevity as a whole new financial sector, and, eventually, a whole new asset class in itself.
These financial concepts were further developed in our 2019 publication Advancing Financial Industry, a landmark open-access report profiling the Longevity activities and the prospects of large, UK-based financial institutions, including banks, pension funds, insurance and reinsurance companies, and asset management firms.
In 2020, these concepts and frameworks formed the basis of three Big Data Analytical Longevity Finance Dashboards: Longevity Finance Big Data Analytical Dashboard, Public Longevity Companies Investment Big Data Analytics Dashboard, and Longevity Investment Big Data Analytical Dashboard.
Then in 2021, more novel and robust insights into Longevity Finance began to emerge as two digests and one report were published, summarizing key observations in the financial institutions that engage in the Longevity Industry and stipulating relevant information concerning the Longevity-based financial instruments and derivatives based on the human chronological age (called Longevity Derivatives 1.0): Longevity Financial Institutions Investment Digest, Longevity Industry Investment Digest, and Longevity Derivatives and Financial Instruments Report.
Track Record of Longevity Financial Industry Analytics
In 2022, these insights were used to create updated versions of the aforementioned three Big Data Analytical Longevity Finance Dashboards: Longevity Finance Big Data Analytical Dashboard, Public Longevity Companies Investment Big Data Analytics Dashboard, and Longevity Investment Big Data Analytical Dashboard.
In the same year, we published the Citizens of 7th Continent report, which summarizes the main features and current trends of the aging consumers’ demand, as well as a paper on the Longevity Financial Industry in the United Kingdom, which delivers an overview of the trends, investment activity, and risk assessment for a variety of Longevity Finance subsectors in the United Kingdom. Furthermore, we published Longevity FinTech, Longevity WealthTech, and Longevity InsurTech reports of the trends, funding activity, and risk assessment for the relevant subsectors.
Looking to the future, our 5+ year development of AI-driven Big Data Analytics Systems and Dashboards for the Longevity and DeepTech Industries and the establishment of a dedicated Longevity financial commoditization subsidiary, DeepTech and Longevity Financial Advisors, has created a strong foundation for not only achieving our 2023 strategic objectives, but for sharing the fruits of our analytics, forecasting, benchmarking and monitoring technologies with other strategic decision makers to promote more stable, de-risked and productive industry growth as a whole. All this expertise has been baked into our latest Longevity Financial Industry Analytical Framework with the purpose to define and systematize the industry.
Longevity Finance and Investment Big Data Analytical Systems and Dashboards
Longevity Finance: Solving the Billion-People Problem
Over the past 100 years, the citizens of the 7th Continent, represented by 1 billion people over 60 years of age, have been largely excluded by the financial industry. As increasing numbers of high-net-worth individuals (HNWIs) and regular middle-class people age into this bracket, they are beginning to recognize Health as the New Wealth. The time has come for banks to offer fully integrated, AI-empowered, data science-driven AgeTech, WealthTech, and HealthTech solutions to create an ecosystem and infrastructure to secure the stability, sustainability, and future of the Silver Generation and to empower, enhance, and extend this clienteles’ Healthspans and Wealthspans in equal measure.
The “7th Continent” of 1 Billion People in Retirement
The multi-trillion market of 1 billion people currently in retirement can be thought of as the world’s 7th Continent. The forms of elderly consumption are changing, and older people are becoming the engine of the so-called Silver Economy, a globally distinct economic sphere which includes all those economic activities, products, and services designed to meet the needs of people over 60.
As the global spending power of this demographic was estimated at €13.6 trillion at the end of 2021, Longevity banks and novel FinTech services will attract people aged 60+ who expect to live to 100+ years and who provide unprecedented demand for technologies able to optimize their Wealthspans in step with increasing Healthspans. In the next few years, age-friendly FinTech companies and Longevity banks will develop new financial products designed for clients who are planning to live extra-long lives and wish to remain highly functioning and financially stable throughout.
While Deep Knowledge Group put this belief into action via its early seed investment in the first Longevity Banking Card, an innovative Neobank, mHealth console and Marketplace which together serves as the new way to lead a healthy lifestyle and manage your money in one secure app, and is furthering this commitment via its support of the upcoming launch of Longevity Club, which brings enhanced Longevity focused services and features, using high end technology to a global user base, we believe that more needs to be done by the broader industry in this regard.
Increased global Longevity will thus be transformed from a threat into an opportunity, and future conservative investors will be able to provide unlimited liquidity to the Longevity Industry, turning aging from a source of economic loss or stagnation into a source of economic growth.
Global Financial Services Market Volume Forecast
Source: Longevity Finance Dashboard
While most practical outcomes in Healthy Human Longevity will be driven by Longevity Medicine, effective synergy among many sectors is required to chart a positive trajectory for the Longevity Financial Industry.
Deep innovations at the level of financial instruments, institutions, and markets will be required to de-risk Longevity and bridge the liquidity gap.
Consequently, each segment of the Framework establishes the state of the Longevity Financial Industry in relation to Entities Exposed to Longevity Risk, existing Longevity-Oriented Entities, Existing Bridge Solutions to neutralize the impact of Longevity risk that Longevity risk-exposed organizations are subjected to, and Concepts that introduce novel financial solutions in light of the Longevity Financial Framework and Longevity Financial Industry.
Longevity Finance Framework at a Glance
The Data Science division of Deep Knowledge Group have embarked upon updating their Longevity Financial Industry Framework (first released in 2019) as a powerful system of tools for investors and financial industry participants to make the most informed, up-to-date strategic decisions that amplify further industrial growth and enable individuals and national economies alike to reap Longevity dividends.
This framework serves as an instrument to support the accelerated development of Longevity Industrialization and Financial Commoditization, the establishment of an integral financial infrastructure for their further growth and stabilization.
Each segment of the Framework establishes the state of the Longevity Financial Industry in relation to the following types of entities:
Entities exposed to Longevity Risk.
Existing Longevity-oriented entities.
Concepts for novel financial solutions.
A range of bridge solutions existing to neutralize the impact of Longevity risk that Longevity risk-exposed organizations are subjected to.
Ultimately, the general framework aggregates 51 subsectors under all above-mentioned segments.
Together, these supersectors with their subsectors represent the complete landscape of the Longevity financial industry. By utilizing this framework, stakeholders can simplify the challenges of defining, tracking and predicting change across these sectors, both established and novel.
This framework will support this growth and stabilization by making it possible to chart the emerging paradigm of Health as the New Wealth and the increasing need for wealthspan extension to match the pace of increasing healthspans, and establish the ecosystemic financial infrastructure needed for the rise of Longevity-focused retail banks, investment banks, stock exchanges, ETFs, technology marketplaces, and modern Longevity-focused financial instruments and derivatives.
It will serve as a blueprint for modern, engineered InvestTech solutions to de-risk investment and financial industry activity and bridge the Big Longevity Liquidity Gap, the latest and current obstacle to the industry’s growth and stabilization. And as DKG has long argued in numerous publications, reports, articles and presentations over the past half-decade, bridging this gap will unleash near limitless volumes of capital influx while simultaneously accelerating and stabilizing the upward trajectory of Longevity Industrialization more broadly.
The updated framework serves the ground basis for further enhancement of Longevity Finance Big Data Analytics Dashboard currently aggregating data on 8,000 companies, 3,000 investors and having over 8 million data points.
Longevity Finance Big Data Analytics Dashboard
This, however, only scratches the surface of our in-depth analytical framework of this complicated industry and its ever-multiplying challenges and opportunities.
Nonetheless, we could not be more excited about finally sharing all these glimpses of our analytical framework the world. As we mentioned, this framework was developed to provide a basis for the Longevity Financial Industry, its growth and stabilization, and to help other stakeholders realize its full potential. And none of this is to mention the Longevity Industry, of which it is a part, – the biggest and most ethical industry in human history and an unprecedented and inexhaustible source of real tangible social good.
But as this growth and stabilization continues and Longevity Finance’s complexity continues to multiply, so do our analytics. These must constantly be enhanced and upgraded by our hardworking analysts, so this will not be the last publication of such a framework.
And don’t forget you can witness the current framework in action in the Analytical Longevity Finance Dashboards: the Longevity Finance Big Data Analytical Dashboard, Public Longevity Companies Investment Big Data Analytics Dashboard, and Longevity Investment Big Data Analytical Dashboard.
Securing the Future of Longevity Financial Commoditization
Deep Knowledge Group remains committed as always to developing and deploying reliably sophisticated and multidimensional Big Data analytics and AI driven technological forecasting and benchmarking of DeepTech, Longevity and related industries, pioneering the fundamental tools required for strategic decision making in these unprecedentedly complex and innovation-driven sectors, laying the foundation and basis for defining, thinking about and understanding the coming DeepTech Revolution.
Of course, Deep Knowledge Group’s activities never stop at analytics, which is always basis for action, and the Group remains just as decisively committed to the practical execution of many of these forecasted developments by establishing the core investment and financial industry infrastructure (platforms, indices, exchanges, financial instruments and derivatives) needed to execute the concept of Longevity Financial Commoditization.
As always, DKG remains open to dialogue, partnership proposals and other forms of collaboration and cooperation on the topic of Longevity with like-minded individuals and organizations across finance, investment, technology, science, governance, policy and philanthropy, and is keen to engage with and support other individuals and organizations as dedicated to safeguarding the acceleration and stabilization of Longevity Industrialization as we are. If you have something that you think might be of interest to us, let us know via our contact form or at info@dkv.global.
