InFocus: Financial services trends has been saved
InFocus: Financial services trends
Understanding the financial services industry
Staying on top of new financial services industry trends, emerging technologies, and changing regulations isn’t easy—it’s not enough to rely on the headlines to understand the complete picture. Our InFocus series takes a deeper dive into the issues that affect financial services organizations and gives you the insights needed to make more informed decisions.
Key takeaways on emerging trends in financial services
New international reporting standards. More investment opportunities. Evolving customer expectations. Emerging technologies becoming mainstream. Today, financial services organizations are feeling the effect of forces both within and outside the industry. Whether you’re interested in learning more about the reasoning behind a new reporting requirement, the impact of social trends, or how digital technologies are reinventing the marketplace, our InFocus reports provide a valuable, thought-provoking resource.
Banking and capital markets
Trends in millennials’ banking
InFocus: New job, new journey: What do millennials want from banks?
Millennial financial needs are rarely about products; rather, they are often a function of four dimensions: money mental models, jobs people need to get done, moments of financial pressure, and life events. A bank’s steps to improve millennial customer engagement should focus on experiences that meet millennials where they are, across those dimensions.
Payments trends 2020
InFocus: Strategies to prepare for the future of payments
In the year ahead, Deloitte predicts that payments companies will be making “big bets” on modernization, cloud computing, mergers and acquisitions (M&A), and collaboration with other industry players.
A tax lens on the proliferation of digital assets
InFocus: Small details have a big impact
An exciting dynamic is being created by the rapid proliferation of digital assets across geographies and industries, from tokens to stablecoins to digital representations and derivatives of each. However, there’s little tax guidance available for businesses, so understanding the details around each digital asset is critical. Asking “What's the thing?” is key to understanding how specific details inform the asset’s character, basis tracking, application of indirect tax, revenue and expense recognition, and sourcing.
Insurance industry drone use is flying higher and farther
InFocus: Potential applications span pre- and post-loss insurance value chain
Insurance is among the industries already deploying and expanding the potential of commercial drones, eyeing two strategic objectives: better risk management through improved data collection and reduced operational costs through improved efficiency and effectiveness related to claims.
Insurance regulation and technology
InFocus: Optimizing digital transformation in the insurance industry
While new insurance technology (InsurTech) and regulatory technology (RegTech) present risks and challenges for insurers, they are also enabling transformative shifts that signal a sea change in insurance compliance. Using RegTech to automate processes, compliance professionals can respond more effectively to changing regulatory demands, focus on higher-order activities, and become more valuable business partners and advisers.
Alternative data adoption in investing and finance
InFocus: Collective intelligence investing creates new rewards and risks
Alternative data from sources like social media, news feeds, and payments information could bring end-to-end benefits to investment management (IM). But do the benefits outweigh the risks?
Opportunity rises for business development companies
InFocus: Regulatory proposals impact the BDC market
Three recent proposals from the US Securities and Exchange Commission (SEC) could change the private credit landscape. These proposals are designed to streamline and enhance the regulatory framework for business development companies (BDCs) and add definitions to existing investment company-specific rules. With changes in BDC regulations on the horizon, firms that manage BDCs should prepare for increasing demand from private investors.
Understanding the new GIPS® 2020 standards
InFocus: A guide to global investment performance standards
The 2020 global investment performance standards (GIPS 2020) were released by the CFA Institute on June 28, 2019, with an effective date of January 1, 2020, replacing the existing GIPS 2010 standards. Investment management (IM) organizations should be aware of key changes, especially in the alternatives and pooled fund space.
Up-C IPOs gaining momentum
InFocus: Benefits and complexities of an Up-C structure
Explore Up-C IPOs and how the Up-C structure has become common for IPOs of companies that historically have operated and been taxed as partnerships.
InFocus: iBuyer programs offer consumer convenience and drive homebuilder sales