Services Insights

Banking and the wider financial services sector should be more concerned with big techs than fintech competitors, as they look to expand their offerings into products and services. Speaking on a Sibos 2020 panel, Michael King, Lansdowne chair in finance at the Gustavson School of Business at the University of Victoria said big techs will be more... read more

Individual investors don’t always know how to manage their money in case of major global events. What role do banks play in guiding and educating those investors in such moments?  In the first six months of 2020, Belgian investors have shown an increasing interest in online investments and made 50 percent more transactions than last... read more

Fintechs are optimistic of their future prospects as the consequences of the pandemic provides favourable tailwinds. “[The sector] seems to be buoyant, there is no absence of continued investment and organisations are continuing to try to bring something new to the market,” says Ian Johnson, European managing director at Marqeta, a... read more

As the new generation of customers increasingly relies on tech, expectations from the services that banks offer are also expected to change – particularly as Gen-Z and millennials focus in on financial wellbeing. “Gen Z and new consumers in the marketplace want to put so much trust and faith in [artificial intelligence] (AI). We are... read more

Derivatives traders are on track to adopt new benchmark fallbacks ahead of the London Interbank Offered Rate (Libor) transition, with the pandemic bearing little impact on preparations. “We have personally not seen any slowdown because of coronavirus from our clients, whether it’s on the fallbacks per se or even other solutions they... read more

As the pandemic caused an unprecedented market disruption, hedge fund liquidation surged in the first months of the crisis. Stevie Morrow, chief operating officer at Options Technology – a company that delivers full technology solutions to hedge funds and asset managers – explains how reliance on tech has skyrocketed over the past few... read more

The global economy has greatly reshaped since last March, urging both consumers and businesses to adjust their behaviour, processes and operations to a new reality. McKinsey & Company sets a five-stage call-to-action applicable across industries emerging from the coronavirus battle: Resolve, Resilience, Return, Reimagine, and Reform.... read more

NAV reporting has long been an important part of any daily, weekly or monthly function. However, the volatility of markets during the past few months has seen firms struggling to keep up with the demands of creating timely and accurate NAV calculations. With the level of uncertainty the world is grappling with, the volatility we saw back in March... read more

An initiative of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), the Climate Financial Risk Forum (CFRF) comprises senior representatives from across the financial sector whose combined expertise has been brought to bear on addressing the most urgent existential risk of our time: climate change. In June the... read more