sell side in europe - fis readiness report · european sell-side firms are looking at multiple ways...
TRANSCRIPT
European sell-side firms are looking at multiple ways to grow in a hyper-competitive market.*
The hunt for growth is on.Are you ready to rise?
* All data is sourced from an FIS and Longitude global survey of sell-side decision-makers in Europe that was conducted between March and May 2017.
By focusing on six operational principles, you can reap the rewards.
TalentCustomer Experience
Digital Innovation
Emerging Technology
Data Management
Automation
+ + + + +
What’s your growth readiness?Are you ready to rise?
Explore the full research in The FIS™ Readiness Report: The Hunt for Growth Across Europe or email us at [email protected].
acquiring new customers
improving investment performance
say their existing technology is not fit for growth,
say the same about their operations function.
59% 52%
Sell Side in Europe:SIX STEPS FOR GROWTH READINESS
improving operating margins
64%
47%
36%
Master data management say they’re effective at
unifying data sources for a single view of the truth.
say the same about big data analytics.
60% 56%
Redefine the customer experience
say understanding customers’ needs is a key element of an effective customer experience.
61% see improving the customer experience as a top benefit of their technology investment.
45%
Increase automation
have reached full or near-full automation in collateral management – that will rise to
have fully or nearly fully automated risk and compliance, and
in the next 3 – 5 years.say they’ll achieve that in 3 – 5 years.
33% 33%
52% 46%
and
But
Adoptemerging technologies
Expedite digital innovation
will recruit digital technology expertise to accelerate innovation.
35% will collaborate with innovative third parties.
33%
Rethink the talent mix
say software development and programming skills will be important for driving growth over the next 12 months.
believe that digital change expertise is important for growth.
think they don’t have sufficient skills.
are concerned their expertise in this area isn’t effective.
BUT
BUT
11%
12%
63%
66%
have gone live with distributed ledger technology/blockchain,
are researching and developing, piloting or testing blockchain.
have implemented artificial intelligence (AI)/machine learning.
are doing the same with AI solutions.
ANDONLY
BUT
ONLY
AND
10%
54% 58%
7%
And 54% of firms are confident about achieving their growth ambitions in the coming year.