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Financial Services news in the UK | Page 8
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Consortium launches blockchain technology initiative for logistics
More than fifteen public and private sector companies based in the Netherlands have joined forces to launch a programme that seeks to design and develop applications for blockchain technology in the
28 November 2016
Marsh ramps up insurance footprint in UK with Bluefin acquisition
Marsh has acquired Bluefin Insurance Group, creating one of the UK’s leading insurance brokers for mid-size and SME companies.
25 November 2016
5 factors that must be considered when relocating an operation
Amid widespread uncertainty following Brexit, companies throughout the UK, in particular in the financial services sector, are considering moving some or all of their operations out of the UK.
24 November 2016
London best global hub for FinTech, Singapore and New York follow
London remains the globe’s top FinTech hub, according to a new report. Singapore and New York follow.
22 November 2016
Aegon hires Atos to deliver its protection business processes
Life insurance, pensions and asset management firm Aegon has hired Atos to deliver its protection business processes.
16 November 2016
The benefits and use cases for blockchain technology in banking
Blockchain, while still relatively new to the financial space, is seeing interest from around 90% of banking sector executives, according to a new study on the potential of the technology in the indu
15 November 2016
British bankers confident London will remain EU's financial centre
Nearly three quarters of British bankers believe that London will remain Europe’s financial powerhouse in five years’ time, countering recent concerns that UK’s capital city will lose its top spot to
07 November 2016
Korn Ferry Futurestep launches Credit Union and Community Banking arm
Korn Ferry Futurestep has launched a new practice focused on the Credit Union and Community Banking sectors.
27 October 2016
Accenture bolsters digital banking arm with Allen International deal
Accenture has pushed deeper into the Financial Services consulting space with the acquisition of Allen International, a London-based design consultancy that works for dozens of banking clients global
19 October 2016
Cognizant supports Standard Life with IT transformation programme
In a bid to support the firm’s growth ambitions in its Investments, Pensions and Savings businesses, Standard Life recently launched a large scale IT transformation programme.
18 October 2016
Ulster Bank asks McKinsey to support growth strategy development
Ireland-based Ulster Bank has called in the support of McKinsey & Company to help its Board with the development of a new growth strategy.
17 October 2016
Global payments revenues to hit $2 trillion by 2025, emerging economies lead
The global payments industry is set to enjoy revenue growth of more than $800 billion between now and 2025 on the back of strong growth within emerging markets.
11 October 2016
Customer services and trust are key areas of concern for incumbent banks
Incumbent banks face a considerably more fragmented financial services space as new digital banks and other financial services institutions begin to develop propositions to entice away customers.
10 October 2016
Bain to advise on integration of Abu Dhabi's two biggest lenders
Abu Dhabi’s National Bank of Abu Dhabi and First Gulf Bank announced earlier this year that they would integrate into a new $175 billion entity.
07 October 2016
Raymond James completes takeover of Deutsche Bank's US Wealth arm
The deal that saw Raymond James buy Deutsche Bank Wealth Management’s US Private Client Services Unit was recently closed. The new division has been integrated into its Alex. Brown arm.
06 October 2016
Investors considering to invest in InsurTech should consider 4Ps
Anyone considering investing in InsurTech needs to consider the four P’s of profitability, proximity, persistence and productivity, writes Matteo Carbone, a Principal at Bain & Company.
05 October 2016
Insurers keen to develop ERM systems to unlock business risk insights
Enterprise risk management solutions within the insurance industry are on the increase, as their reactionary potential for dealing with risk events pays off.
04 October 2016
Importance of banking sector is sliding down globally, says EY
Banks are across the globe becoming progressively less relevant to their customers.
04 October 2016
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
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