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| Financial Services | Page 2
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Capco joins Deloitte as a partner of InsurTech firm Instanda
Insurance software provider Instanda has inked partnership agreements with two heavyweights in the consulting industry: Capco and Deloitte.
01 September 2020
Convedo supports Australian FinTech with banking infrastructure
Canary Wharf based IT consultancy Convedo has supported Australian FinTech Hay Technology with the launch of its own challenger bank service.
27 August 2020
PwC and legal advisers help Travelex restructure its debt
Professional services firm PwC has clinched a restructuring deal for Travelex, which appointed administrators earlier in August. The news safeguards around 1,800 jobs in the UK.
17 August 2020
How Covid-19 will shift priorities across the financial services industry
Amid a health, societal and economic crisis, financial services will be looked to as a pillar of recovery by governments, organisations and individuals alike.
21 July 2020
British Business Bank hires Deloitte, KPMG and PwC
Three of the Big Four accounting firms have won contracts to support the British Business Bank, which will pay out £20 million in consulting fees for their work.
17 June 2020
Employee focus critical for banks during remote working
Employee engagement was already a challenge for banks before the outbreak of the Covid-19 pandemic, but with the unfolding of the crisis and its impact, the challenge has only become bigger.
04 June 2020
McKinsey partner Chira Barua joins HSBC as Head of Strategy
Chira Barua, a partner at McKinsey & Company, has joined HSBC as Group Head of Strategy.
02 June 2020
Strategic challenges of cloud adoption in financial services
While the move to the cloud was already well underway in financial services, the outbreak of the covid-19 pandemic has accelerated the need for virtual organising, and in it slipstream cloud-based working.
28 May 2020
Delta Capita secures SFTR compliance contracts in UK and US
Delta Capita has secured large contracts with UnaVista and The Depository Trust & Clearing Corporation.
26 May 2020
Cyrus Mehta joins Sionic's wealth management team in London
Global consulting firm Sionic has grown its wealth and private banking team with the arrival of Cyrus Mehta.
27 April 2020
Four ways how AI can benefit the financial services industry
The advent of artificial intelligence (AI) is providing financial services institutions with major opportunities for improving their client offerings, operations and compliance.
02 April 2020
Financial services incumbents thrive amid industry disruption
While digital disruption has upended many customer-centric businesses, financial services incumbents have more than weathered the storm.
12 February 2020
AI can boost financial services revenue by $140 billion
Artificial intelligence brings lots of promises to the financial services industry, including a way to address the scarcity of workers who possess data analytics, cybersecurity, and AI skills.
10 January 2020
Generation Z unmoved by offerings of challenger banks
Simply appealing to young people’s tendency to use apps to streamline everyday activities does not seem to be winning challenger banks must business among Generation Z, according to a new study.
09 January 2020
How RPA can benefit banking and the public sector
RPA one of the fastest adopted technologies. Can bring rise to positive impact on cost reduction, productivity, accuracy, data analysis and decision-making and will spearhead digital transformation.
02 December 2019
Financial services could unlock $700 billion by better serving women
Financial services companies are costing themselves as much as $700 billion every year by failing to take adequate steps to better understand the needs of female clients.
27 November 2019
10 ways challenger banks can differentiate themselves
Based on a benchmark of the digital maturity of 160 retail and commercial banks from 20 countries, Accenture have identified what factors differentiate digital leaders from the rest.
19 November 2019
McKinsey's Communications Director Steve John joins HSBC
McKinsey & Company Partner Steve John will step down from his role leading the strategy consulting giant’s global communications efforts to join HSBC as the bank’s group Chief Communications Officer.
25 October 2019
The growth of FinTech and RegTech in financial services
The financial technology (FinTech) and regulatory technology landscapes (RegTech) are booming, on the back of the growing opportunities they are offering financial services institutions.
02 September 2019
Michael Curds joins digital consultancy 11:FS as Head of Talent
Former Apple and BCG Digital Ventures talent lead Michael Curds has joined digital consultancy 11:FS. Curds brings two decades of experience to the firm as its new Head of Talent and Recruitment.
30 August 2019
Accenture buys financial services consultancy Parker Fitzgerald
Global consultancy Accenture has reached an agreement to purchase specialist firm Parker Fitzgerald for an undisclosed sum.
21 August 2019
Financial sector focuses on digitalisation over Brexit preparations
The financial service sector in the UK continues to face tough market conditions, with Brexit uncertainty and regulatory change on the horizon.
05 August 2019
Synechron Data Science solution to tackle LIBOR benchmarking
Synechron has launched a LIBOR accelerator which uses Data Science to address the challenges of financial sector benchmarking.
29 July 2019
FCA fines balloon to £320 million in six months
Amid mounting criticism for the UK’s financial watchdog, the organisation has handed out a record level of fines in 2019.
26 July 2019
RSM administrators appointed by Lendy
Peer-to-peer loans company Lendy has fallen into administration, prompting an investigation from the UK’s financial ombudsman.
05 June 2019
Victims lose £27 million to cryptocurrency investment scams
Cryptocurrency and foreign exchange investment scams saw victims in the UK lose some £27 million in the last financial year, new figures show.
30 May 2019
London forfeits title of ‘global financial hub’ to New York
London has lost its title as the world financial hub to New York, just a year after gaining it, according to a survey of financial sector professionals around the world.
28 May 2019
RSM sells controversial UK wealth manager out of administration
RSM has overseen the sale of UK financial advisory firm Mount Sterling Wealth out of administration.
26 March 2019
Administrators swamped by thousands of Wonga claims
More than 40,000 Wonga customers are seeking compensation from the defunct payday lender, according to documents released by the Treasury Committee.
13 March 2019
Financial services has worst gender pay gap of any UK industry
As the annual gender pay gap reporting deadline approaches in the UK, only around one in 10 of the organisations expected to submit their data have done so.
25 February 2019
Leonard Curtis oversees solicitors administration
26 jobs have been lost, as Just Costs Solicitors collapsed into administration at the end of January.
20 February 2019
Mercer looks to advance women's participation in financial services
International wealth advisory firm Mercer has announced a strategic alliance with the Global Banking Alliance for Women.
15 February 2019
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