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News
| Financial Services | Page 8
An overview of news, trends and research in the Financial Services industry in the UK:
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No news found.
Top 10 technology forces that will shape financial services in 2020
Ciaran Kelly, partner at PwC in Ireland, analyses the findings of a report on the real-world implications of FinTech for financial services firms and the areas these firms should prioritise.
03 October 2016
KPMG Financial Services and Microsoft push deeper into blockchain space
KPMG and Microsoft have joined forces to deliver a suite of blockchain services through a cloud-based platform.
28 September 2016
FinTech spurring banks and payments companies into active change
A rapidly transforming payments and funds transfer space, through the possibilities opened by digital technologies – is spurring incumbents to act.
26 September 2016
Wait and see mode risks successful implementation of MiFID II
The 12 month delay of MiFID II has propelled many financial services organisations into a ‘wait and see’ mode, on the back of continuing uncertainty and project teams which are struggling to maintain momentum.
26 September 2016
Auto insurance industry and InsurTechs can learn from telematics in Italy
Matteo Carbone, Principal at Bain & Company in Italy, reflects on how InsurTechs can learn from the experiences the Italian auto insurance industry has gained from its use of telematics.
22 September 2016
Ensur named implementation partner of Keylane in Belgium
Ensur, a project management and consultancy firm based in Belgium, has entered into a strategic partnership with Keylane, an IT firm that provides software solutions to life and non-life insurers and
22 September 2016
Former Oliver Wyman consultant Mike Dargan appointed CIO at UBS
UBS has hired former Oliver Wyman consultant Mike Dargan as its head of Information Technology.
21 September 2016
Banks should start preparing for Payment Services Directive 2
Less than 18 months to go before Payment Services Directive 2, one of the most disruptive regulations in the financial industry, kicks in.
20 September 2016
Infosys and Huawei launch cloud-based universal banking capability
In a bid to further expand its offering to the global universal banking industry, Infosys Finacle and Huawei have become partners.
19 September 2016
FinTech booming in Asia-Pacific, market nears $10 billion mark
The Asia-Pacific region has seen a boom in FinTech investments over the past six years, jumping from a mere 10 deals valued at $100 million in 2010 to 192 deals with a total value of more than $9.6 billion.
15 September 2016
Cybercrime and crisis insurance products to boom in coming years
Insurance against a range of risks in the political risk and crisis management space are set to boom in the coming years, after a period of lacklustre profitability growth within the market.
13 September 2016
Alternative finance lending market booming on the back of low rates
The alternative finance market for SMEs and personal loans, through marketplace lenders, has in the space of just five years, grown from almost nothing to £2.7 billion.
12 September 2016
Swiss private banks with midmarket focus face challenging market
The private banking industry in Switzerland remains world leading, and in recent years total assets under management have continued to enjoy steady growth.
12 September 2016
FinTechs are growing concern for incumbent banks, collaboration is key
Incumbent banks are concerned that FinTech startups will start to eat into their business, a new study finds.
05 September 2016
Brexit risks London losing its top spot in Europe for financial services
London may lose its rank as the most attractive destination for financial services firms in Europe, following a possible Brexit.
29 August 2016
Xceed Group supports RFIB with implementation of IaaS model
Xceed Group, a London-based IT management consultancy, has helped RFIB Group with the selection of an Infrastructure as a Service (IaaS) model to support the firm’s future growth plans.
24 August 2016
Wealth managers to see hit on back of multiple market changes
Asset managers face an uphill battle to retain their hefty profit margins, according to new analysis.
22 August 2016
Total global alternative assets under management grows to $6.2 trillion
Total assets managed by alternative investment managers globally has hit $6.2 trillion. The 100 largest players account for nearly 60% of the market, holding a combined $3.6 trillion in assets.
28 July 2016
Millennial and mass-affluence groups most likely to shift from bank
American banking customers are seeking value from their banks, or else they will shift to another provider – a recent survey finds.
11 July 2016
Artificial Intelligence and robotics high on financial services agenda
As financial services organisations predict and plan for the way consumers will manage their money in the future, artificial intelligence (AI) is high on the business development strategy for 2016 an
06 July 2016
Global HNWI wealth hits $60 trillion among 15.4 million people
The wealth of the world’s wealthiest people, those with more than $1 million in non-primary residence based assets, continues its momentous rise. It stood at $59.7 trillion last year, up from $37.2 trillion in 2006.
04 July 2016
Wealth managers overestimate their skills and face digital disconnect
Wealth managers seeking to please their HNWI clients may need to consider how changes in demographics are affecting expectations around technology.
30 June 2016
Comerica hires Boston Consulting Group to deliver strategic plan
The Boston Consulting Group has been hired by US-based bank Comerica to run a strategic review of its expenses and to identify areas of revenue expansion.
29 June 2016
Deloitte unveils plan to build blockchain-based digital bank
Deloitte and ConsenSys Enterprise recently announced the formation of a partnership, aimed at strengthening their respective blockchain proposition to clients.
28 June 2016
European banks improving performance but remain behind the game
The European retail banking sector has seen its operations improve since the hard times that followed the 2008 financial crisis, with the Nordics as particular star performers.
27 June 2016
Oliver Wyman supports Kuwait prepare bonds for international sale
Kuwait is turning to the international bonds market to plug its budget deficit as the oil dependent country bears the brunt of the commodity’s low price.
27 June 2016
Andrew Kail leads Financial Services practice of PwC in UK
PwC’s UK Financial Services practice has, per 1 July 2016, appointed Andrew Kail as its new leader. Kail, who succeeds Kevin Burrowes, has more than 25 years of financial services experience.
27 June 2016
How Financial Services can transform to ride the digitalisation wave
Banks and insurance companies that are able to transform themselves will be well placed to benefit from digitalisation.
24 June 2016
Arthur J. Gallagher & Co. acquires KRW Insurance Agency
Arthur J. Gallagher & Co. has acquired Illinois-based insurance brokerage KRW Insurance Agency.
22 June 2016
Financial services still run by old boys, as women step out to care
Gender disparity within the business world remains a seemingly intractable problem, with slow progress towards parity at the top.
21 June 2016
Ebix plans to acquire technology solutions provider Patriot National
Global insurance professional and technological services giant Ebix is set to acquire US-based Patriot National.
21 June 2016
Financial services executives launch FinTech consultancy 11:FS
There is a new consultancy on the block, 11:FS. The new firm brings together a range of blockchain experts to supply FinTech startups with advisory services.
17 June 2016
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