Assets and fund management
Since the financial crisis, the derivatives market has seen unprecedented regulatory reform to provide greater transparency, strengthen capital standards and develop market conduct. Brokers have had to adapt to major regulatory change such as MiFID II, EMIR and the CRD IV.
Payments and E-Money
The payments industry remains one of the brightest spots on the financial services landscape. From this prime position, payment service providers face a host of challenges – increased competition from new entrants, intense pressure to lower prices, new business models and further market developments such as those brought about through PSD2, Strong Customer Authentication and Open Banking.
As credit unions evolve and become more digital, they are also faced with the increasing challenges of regulatory and reporting requirements.
We understand the significant time investment in carrying out their duties and they may require assistance in keeping abreast of the developments in the sector.
Following the financial crisis, the banking industry across the world went through a period of sustained growth with the rise of digital ‘challengers’.
With the new market entrants came rapid development in technology designed to streamline processes and deliver better services to customers.