-
Sector Analysis
Use Case: Golden Global Bank Implements Technologies to Comply with Turkish Regulations
This report explores Golden Global Bank’s implementation of Fineksus’ PayGate Inspector and Service Bureau software to detect suspicious financial transactions and ensure secure international money transfers. The report identifies the main challenges Golden Global Bank faced with earlier methods, highlights the deployment of PayGate Inspector and Service Bureau to address the challenges, and explores the benefits they offered and the resulting outcomes. Governments worldwide started to take financial compliance seriously after the 2008 global financial crisis, in which millions of...
-
Analyst Opinions
Germany Retail Banking Country Report
The outstanding balances of personal loans in Germany was valued at 453,074 LCU million in 2020. The personal loans market is projected to grow at a CAGR of more than 0.5% during the period 2021-2025. The segments in the retail banking market in Germany include residential mortgages, retail deposits, credit cards, and personal loans. Â The German property market is expected to grow during 2020-2025 at a CAGR of more than 5% and credit cards at a CAGR of more than...
-
Analyst Opinions
Australian IFAs, Investment Managers & Platforms
With the greater transparency in fees and investment product costs in the wake of the FoFA reforms, advisors are looking for the most cost-effective means to invest in products and securities. Advisors need to detail to their clients what goes into their own charges, and so will appreciate providers that make it easy to map out costs. Platforms are first and foremost ranked by the investment fund range they offer, with almost half of survey respondents listing this as an...
-
Sector Analysis
Robo-Advisors: Mapping the Competitive Landscape
The wealth management industry has long been resilient to the digitization process observed in the wider financial services space. This has started to change, however, with interest in robo-advice platforms increasing in 2015. The automated investment management space is hence becoming ever-more competitive as new entrants launch propositions. Supported by software developers, traditional wealth managers have also started exploring the digital advice market. Competition will thus increase further, although robo-advisors are still looking for business models that will appeal to...
-
Sector Analysis
Wealth in the Brazil: Sizing the Market Opportunity
Affluent individuals represent just 1% of the Brazilian population but hold 94% of the country’s liquid assets. Deposits and mutual funds dominate the retail savings and investments market, accounting for 88% of the market. Growth in the retail savings market is slowing considerably thanks to considerable economic uncertainty. Deposits are forecast to grow by just 2.9% from 2015 to 2019, compared to 9.4% between 2010 and 2014. Brazilian HNW investors hold 24% of their assets in alternative, commodity, and property...
-
Sector Analysis
Wealth in Hong Kong: Sizing the Market Opportunity
The number of affluent investors in Hong Kong grew to 2.4 million in 2015, achieving a lower rate of growth than its long-term average since the financial crisis rocked the market in 2008. Yet Hong Kong remains an attractive market. 40% of the adult population is considered affluent, comparable to markets in the developed West, while growth rates still resemble those found in the East. Growth going forward will be more modest for both affluent investor numbers and assets. But...
-
Sector Analysis
Wealth in Poland: Sizing the Market Opportunity
Poland is an emerging economy and has a relatively short history of economic freedom and capital markets. As a result, the retail savings and investments market is very much skewed towards deposits. However, the value of onshore liquid assets held by Polish residents has been growing fast. The HNW population remains tiny, but at the same time is growing its wealth at the fastest pace. With their changing preferences and growing interest in offshore investments, Polish billionaires are a lucrative...
-
Sector Analysis
Mass Affluents: Attitudes and Needs in Australia
The Australian mass affluent market offers a large pool of consumers. With a very large asset base, this segment of consumers offers a lot of potential business for providers. The mass affluent segment in Australia tends to be older, with over 75% having combined assets of A$300,000 on average. At the same time this consumer group also tends to be more conservative with their liquidity. Hence this set of consumers are driven by the trust and relationships that are established...
-
Sector Analysis
UK Savings 2015: Forecasts and Future Opportunities
Low returns on balances and wages that are under pressure from inflation have made it difficult for UK consumers to grow their savings in recent years. At the same time, a recovery in consumer confidence has prompted a declining propensity to save. Retail deposits are predicted to rise at a CAGR of 4%, to reach £1,484bn by 2019, compared to 8% during 2000-07. Banks will have to use new strategies if they want to significantly grow this source of funding.
-
Sector Analysis
Wealth in Germany: Sizing the Market Opportunity ; Sizing the wealth market in Germany and its growth potential.
Rising disposable income, a relatively strong economic outlook, and a healthy stock market performance will all drive growth in the German wealth market. The retail savings and investments market increased by 4.8% in 2015, and is forecast to grow by 4.3% a year to 2019, reflecting the maturity and strength of the sector in Germany. Indeed, compared to many of its European peers, the German economy is in relatively good shape. Domestic consumption is increasing, with record employment, rising wages,...
Sign up to receive regular alerts for our latest analysis and reports. No matter your industry focus, you can keep your finger on the pulse with our timely updates.