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Financial Services news in the UK | Page 5
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FinTechs and tech giants eye most profitable segments of banks
Despite having weathered numerous crises over their long history, traditional banks have seen their traditional market share eaten into by new, technologically savvy competitors in recent years.
08 December 2017
Barclays appoints former OC&C boss Michael Jary to Board role
Barclays has drafted in a collection of the UK’s top bosses for the board of its upcoming retail bank.
07 December 2017
FCA report criticised by investment consultants during CMA probe
The world’s biggest investment consultants have continued to fight on against a full-blown competition probe in the UK.
05 December 2017
Synechron launches Accelerator Program for InsurTech solutions
Months after launching accelerator programmes for Blockchain and Artificial Intelligence, Synechron has rolled out a similar programme for InsurTech solutions.
22 November 2017
Digital banks and FinTechs that are challenging incumbent banks
Across the banking landscape, new challenger banks and FinTechs are, where they can make a difference, attacking the business models of banks.
22 November 2017
The top five impacts of GDPR on the financial services industry
Nathan Snyder, a partner at consulting firm Brickendon, reflects on the top five impacts of GDPR on the financial services industry.
21 November 2017
Retail banks should not overlook active divestment strategy
Divestitures are a key, but often overlooked, component of the active management of business portfolios in banking, writes Callum Russell, a Senior Consultant at international consulting firm Axis Co
15 November 2017
Wave of client requests due to GDPR may overwhelm banks
Banks are facing a major compliance challenge after GDPR comes into force.
14 November 2017
Experienced banker Brad O'Brien joins Baringa as partner in the US
Baringa Partners have appointed a new Partner for their US wing.
10 November 2017
Pensions and benefits consultancy Broadstone completes duo of deals
The pensions and benefits consultancy Broadstone Group has completed the acquisition of both pension and actuarial firm Mitchell Consulting and 2020 Trustees.
09 November 2017
Integral and agile strategy is key for success of FinTech investments
46% of financial services leaders have a FinTech strategy in place, with 57% of financial institutions believing it is a key priority.
07 November 2017
Sofgen CEO Andre Israel joins Accenture's banking consulting arm
Professional services firm Accenture have confirmed the appointment of Sofgen CEO Andre Israel.
06 November 2017
Insurance companies leverage opportunities offered by disruption
Insurance companies are increasingly faced with internal and external disruptions, largely due to new technologies and business models arising.
02 November 2017
Bank of England echoes warning of 75,000 job financial services 'Brexodus'
The Bank of England has predicted Britain stands to lose as many as 75,000 financial services jobs following the culmination of Brexit, in 2019.
01 November 2017
Insurance industry has much more on its plate than just Brexit
From changing business models and cyber risk to change management, insurers need to look beyond Brexit to the wider challenges facing the industry, as traditional strategies are coming under increasi
31 October 2017
The 20 largest pension funds of the globe
The total assets of the 300 largest pension funds worldwide increased by about 6% in 2016 to $15.7 trillion.
27 October 2017
Regulation should not crush innovation in financial services sector
The financial services sector should beware that regulation will not crush innovation, warns Tony Clark, managing director of Synechron in London.
25 October 2017
Delta Capita launches Big Data as a Service platform for financial services
Delta Capita, a management and consulting firms for the financial services industry, has launched a new Big Data-as-a-Service Platform.
24 October 2017
Oliver Wyman and PwC named insurance consulting firms of the year
Reactions Magazine, a global publication for the insurance and reinsurance trade industry, has named Oliver Wyman and PwC consulting firms of the year during its annual awards ceremony.
23 October 2017
Excelian Luxoft supports bank with FRTB compliance programme
In 2019, banks will have to report under the new FRTB standards.
18 October 2017
KPMG to support growth plans of blockchain start-up ETCH
Big Four consulting firm KPMG will support ETCH, a blockchain-based payroll system, as the solution bids to build its operations in a compliant way.
09 October 2017
Australian bank ANZ spends $20 million on consultants from EY
Over the last financial year, leading up to 30th June 2017, the Australia and New Zealand Banking Group (ANZ) spent nearly $20 million on consultants from EY.
06 October 2017
Banks put open banking at risk by overachieving on XS2A compliance
Banking executives need to carefully determine their strategic position and act accordingly and consistently with regards to their XS2A compliance approach, write Mounaim Cortet and Vincent Jansen, b
05 October 2017
Screen, KPMG and Front Consulting partner of Screen Markets
In the second week of October 2017 a large conference for professionals in the financial services sector will take place in Amsterdam.
04 October 2017
IT consultancy Wipro joins blockchain consortium Hyperledger
Indian information technology and consulting giant Wipro has announced a collaboration with Linux-backed international blockchain consortium Hyperledger.
03 October 2017
China sees investments in FinTech market grow to $6.4 billion
Chinese FinTech investment has boomed, topping $6.4 billion last year.
02 October 2017
How Artificial Intelligence is transforming the banking industry
Artificial Intelligence (AI) has been touted as the next major disruptor of the financial services sector.
28 September 2017
Future of bank branches is bright, if banks invest in technology
A new report examining the future of the bank branch has predicted that global banks should look to digitisation to enhance the customer experience.
25 September 2017
PwC and Arc-Net use blockchain to combat food fraud
Global consultancy PwC and the Northern Irish Arc-Net will gather their knowledge to help the food industry fight fraud.
22 September 2017
BearingPoint launches partner programme for ABACUS product suite
BearingPoint has launched an international partner programme for its suite of regulatory and risk technology solutions.
15 September 2017
Synechron joins Microsoft Azure Blockchain Council
Microsoft has admitted Synechron into its ‘Azure Blockchain Council’.
14 September 2017
Big Four firms increasingly tapped for Initial Coin Offerings
After a fork in Bitcoin recently led to the creation of Bitcoin Cash, a separate cryptocurrency, clients of the world's four largest professional services firms are expanding their inter
12 September 2017
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