Eight challenges plaguing investment banks

January 25, 2017

Efficiency and productivity crisis Over the last three years, only one investment bank has managed to achieve an average cost-to-income below 60%. Aggregate costs for major investment banks were 25% higher in 2014 than in 2005. A recent survey found that just 13% of UK respondents believe that people who work in investment banks in the City of London generally behave honestly. Many institutions have too many variants of similar products, whose costs are too high and revenues too low to justify them. Banks spend 75% of their IT budgets on systems maintenance.

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Fundtech

Fundtech is a leading provider of financial technology to banks and corporations of all sizes in the Americas, EMEA, and Asia-Pacific. Founded in 1993, the company develops transaction banking solutions that it offers as either a software license or Software as a Service (SaaS). Major product lines are: payments and liquidity management; cash management, financial messaging through the world’s largest SWIFT service bureau...

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What to expect from Open Finance in 2021?

Infographic | April 7, 2021

Open Finance involves an extension of Open Banking principles to a wider field of financial services and products. It is a new paradigm where data from multiple sources beyond banking can help build innovative and inclusive financial services. These conditions make Open Finance a perfect fit for Latin America, a region where users’ financial lives don’t take place exclusively within the walls of banks. In part, because part of the population is still underserved by traditional financial institutions: only 51 percent of adults in the region are bank account owners. And, increasingly, because emerging fintech providers are targeting these customers with digital solutions.

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GAINING A SPECIALTY BANKING EDGE IN SMALL BUSINESS BANKING

Infographic | December 24, 2019

Small Business owners across the United States are asking for relationship-based services that local banks and credit unions already provide. By layering on digital innovation and tools, community based financial institutions are ready to compete in an often-overlooked segment.

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Unscrambling the U.S. Auto Debt Explosion

Infographic | December 16, 2019

Owning a car should make life much easier. But while automobiles have become a modern necessity, for others, it’s a costly amenity. This infographic, courtesy of CarPaymentCalculator.net, shows how automotive debt has grown rapidly due to rising vehicle prices, longer loan terms and consumers increasingly opting to trade in vehicles with negative equity.

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B2B Payments Fintech: Empowering Business Transactions

Infographic | July 17, 2023

Explore this infographic to delve into the world of B2B fintech and gain valuable insights into how B2B payments fintech revolutionizes transactions.

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How to ensure financial stability in the dynamic automotive sector

Infographic | December 20, 2019

There is a great deal of conversation around cars, more so than ever before. Technological developments, climate agreements and the mobility behaviour of consumers are causing a disruption in the automotive sector and raising many questions. When will self-driving, autonomous cars become commonplace? Should everyone invest in electric cars, and are there other alternatives to combat increasing CO2 emissions?

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3 Reasons Tokenization Can be an Intelligent Move for Investors Today

Infographic | March 9, 2022

Three ways tokenization will assist investors in making wise investment decisions: Reduced Extrinsic Value, Follows Safety Measures Rather Than Encryption and PCI Complaint Security Measure.

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Spotlight

Fundtech

Fundtech is a leading provider of financial technology to banks and corporations of all sizes in the Americas, EMEA, and Asia-Pacific. Founded in 1993, the company develops transaction banking solutions that it offers as either a software license or Software as a Service (SaaS). Major product lines are: payments and liquidity management; cash management, financial messaging through the world’s largest SWIFT service bureau...

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