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Financial Services news in the UK | Page 6
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Ten trends set to dominate the agenda of Europe's banking industry
Alex Kwiatkowski, a Senior Consultant in the Banking practice of SAS, provides his view on ten trends that will this year dominate the agenda of executives in Europe’s banking industry.
20 February 2018
Three ways the banking industry can stay relevant in the age of disruption
The banking industry is being disrupted by innovation through digital technology, new regulation and increased competition.
13 February 2018
Synechron partners with Solidatus to deliver data visualisation for financial services
Consulting firm Synechron have confirmed a partnership with software solutions innovator Solidatus, to deliver data visualisation offerings to clients in the financial services sector.
02 February 2018
Value of Initial Coin Offerings market breaks through $4 billion barrier
According to a new report, the total value of Initial Coin Offerings has breached the barrier of $4 billion globally.
29 January 2018
Banks shift focus to growth as regulatory pressure eases
A decade later, banks are in a better position to withstand a financial crisis similar to that of 2008, according to a new report.
22 January 2018
Blockchain a game changer for banks looking to 'Know Your Customer'
Blockchain technology could become a game changer for Know Your Customer compliance, according to experts from Synechron. Consultancy.
22 January 2018
BearingPoint's Abacus platform taken up by Raiffeisen Bank International
Raiffeisen Bank International has confirmed it will leverage BearingPoint’s RegTech platform Abacus in the New Year.
18 January 2018
State pension funding will be depleted by 2035, GAD warns
The UK Government’s auditing body has warned that funding for the national state pension could be depleted by 2032.
15 January 2018
Banks payment revenues to hit $1 trillion by 2026
Banks’ payment segments are set to see strong growth in retail and wholesale markets on the back of booming emerging markets – boosting revenues by $1 trillion to 2026.
05 January 2018
GDPR compliance to cost FTSE100 firms £15 million, banks face largest bill
As the May 2018 implementation deadline for General Data Protection Regulation (GDPR) looms, many firms are still scrambling to prepare for the landmark legislation.
21 December 2017
Aon acquires Henderson Insurance Broking Group
Aon has acquired Leeds-based Henderson Insurance Broking Group for an undisclosed sum.
21 December 2017
Insurance industry M&A sees decline in volume counterbalanced by mega-deals
M&A activity in the insurance industry has slowed, although large deals aimed at consolidation have sprung up, boosting relative value.
18 December 2017
Fintech investment steady, focused on quality over quantity
Venture capital investment into the FinTech space continued tentatively into the third quarter, with investors increasingly weary of Angel / Seed investment, but more likely to offer high deal values
14 December 2017
KPMG installs Judd Caplain as Global Head of Banking & Capital Markets
KPMG has promoted Judd Caplain to the role of Global Head of Banking & Capital Markets in the Big Four group’s International member firm.
14 December 2017
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
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