sell side: 50% - fis · sell side: inching toward growth readiness banks and broker-dealers that...

1
Sell Side: INCHING TOWARD GROWTH READINESS Banks and broker-dealers that pursue operational excellence are growing faster than their peers. The hunt for growth is on. Are you ready to rise? *All data sourced from a global survey of 400 decision-makers from commercial and investment banks and broker-dealers by FIS and Longitude that was conducted between March and May 2017. To learn more or to download the full report, visit fisreadinessreport.com. say regulation remains a significant hindrance to their growth plans over the next 12 months. 31% say regulatory risk is the biggest barrier to innovation. 63% of sell-side firms fear their technology and operations can’t support their growth ambitions.* 50% By focusing on six operational principles, you can reap the rewards. Talent Customer Experience Digital Innovation Emerging Technology Data Management Automation + + + + + Deepen automation 55% say they’ve achieved higher levels of automation for post-trade processing. 55% 36% 36% have reached higher levels of automation in collateral management today, 62% 42% 62% aim to do so over the next three years. but this will jump to 42% in three years. Adopt emerging technologies 45% Collateral management 38% Regulatory reporting 34% Clearing and settlement 46% Risk management 41% Automation of operations 37% Performance analytics have implemented or are researching or piloting blockchain for: are live with, researching or piloting artificial intelligence for: 38% 48% What’s your growth readiness? Are you ready to rise? Promote digital talent or more say their talent is not good enough. 37% Master data management Around two-thirds see themselves as highly effective or effective in each of the key areas of data management surveyed. While 11-12% see themselves as highly ineffective or ineffective. Prioritize the customer experience Those who say they don’t meet customer expectations cite: Talent gaps 42% Outdated or inadequate technology 39% Reactive management 36% Hire expertise and collaborate with innovative third parties will collaborate with innovative partners. will buy technology. plan to recruit digital technology expertise. 35% 31% 31%

Upload: dokhanh

Post on 03-Apr-2018

218 views

Category:

Documents


1 download

TRANSCRIPT

Sell Side:INCHING TOWARD GROWTH READINESS

Banks and broker-dealers that pursue operational excellence are growing faster than their peers.

The hunt for growth is on. Are you ready to rise?

* All data sourced from a global survey of 400 decision-makers from commercial and investment banks and broker-dealers by FIS and Longitude that was conducted between March and May 2017. To learn more or to download the full report, visit fisreadinessreport.com.

say regulation remains a significant hindrance to their growth plans over the next 12 months.

31%

say regulatory risk is the biggest barrier to innovation.

63%

of sell-side firms fear their technology and operations can’t support their growth ambitions.*

50%

By focusing on six operational principles, you can reap the rewards.

TalentCustomer Experience

Digital Innovation

Emerging Technology

Data Management

Automation

+ + + + +

Deepen automation

55% say they’ve achieved higher levels of automation for post-trade processing.

55%

36% 36% have reached higher levels of automation in collateral management today,

62%

42%

62% aim to do so over the next three years.

but this will jump to 42% in three years.

Adopt emerging technologies

45% Collateral management

38% Regulatory reporting

34% Clearing and settlement

46% Risk management

41% Automation of operations

37% Performance analytics

have implemented or are researching or piloting

blockchain for:

are live with, researching or piloting artificial

intelligence for:

38% 48%

What’s your growth readiness?Are you ready to rise?

Promote digital talent

or more say their talent is not good enough.37%

Master data management Around two-thirds see themselves as

highly effective or effective in each of the key areas of data management surveyed.

While 11-12% see themselves as highly ineffective or ineffective.

Prioritize the customer experience

Those who say they don’t meet customer expectations cite:

Talent gaps42%Outdated or inadequate technology39%

Reactive management 36%

Hire expertise and collaborate with innovative third parties

will collaborate with innovative partners.

will buy technology.

plan to recruit digital technology expertise.

35% 31% 31%