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Financial Services news in the UK | Page 7
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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
PA Consulting partners with Stockholm Fintech Hub for innovation
UK-based PA Consulting Group (PA) and Stockholm Fintech Hub have joined forces to support FinTechs, banks, regulators and investors in the Swedish Financial Services sector.
11 September 2017
De-risking sees European pension assets move to bonds from equities
De-risking has seen European pension investment shift dramatically from equities into bonds and alternative assets according to research by Mercer.
07 September 2017
Big Four and Capgemini dominate best FinTech and InsurTech reports
FinTech and InsurTech are causing massive disruption among their relevant sectors, as agile new start-ups utilise new technology to challenge long-term market incumbents.
06 September 2017
Financial Services can learn from unbundling strategies in aviation
In order to fully understand the true implications and consequences of the Markets in Financial Instruments Directive (MiFID II), the financial services (FS) sector should look to other areas to lear
01 September 2017
Bain advising Italian Banca Carige over €1.2 billion bad debt
Italian lender Banca Carige is considering a sale of the platform it uses to manage bad loans, according to sources familiar with the firm.
24 August 2017
How robo-advisory can be applied to the world of investment advice
The market for investment advice is changing rapidly, with robo-advice touted as one of the most disruptive forces to impact the industry.
22 August 2017
FCA selects Cognizant as partner to transform technology portfolio
The Financial Conduct Authority (FCA) has selected Cognizant to support with the enhancement of the efficiency, reliability and scalability of core IT applications.
17 August 2017
The fundamentals of cryptocurrency Ethereum explained by Sia Partners
Cryptocurrencies are not just booming but also diversifying, with today over 1,000 different currencies available in the marketplace.
16 August 2017
Investments in FinTech and InsurTech remain high
FinTech firms continue to attract investment from start-ups, as new entities look for ways to disrupt current financial markets, while venture capitalists remain interested in investing in companies,
15 August 2017
Former BCG and Strategy& partner Thomas Achhorner joins additiv
Former BCG partner Thomas Achhorner has joined additiv, a Zurich-based provider of technology solutions to the financial services industry.
14 August 2017
Non-performing loans market on the rise even despite new regulations
The financial crisis of 2008 created a massive increase in non-performing loans (NPLs) across Europe.
09 August 2017
FinTech advisory 11:FS expands into US with New York office
11:FS, a consulting firm founded by a group of blockchain experts to supply FinTech start-ups with advisory services, has announced its expansion to the United States of America.
08 August 2017
Client experience key to rebuilding wealth management profit
Wealth managers continue to see their pre-tax profits erode as revenues decline further, however a new report highlights that many wealth managers have finally managed to stem the bleeding.
02 August 2017
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