Diversity. Climate Risk. Robots! Surely, that’s got your attention. This week, we look at how the financial sector is aiming to combat its all-male reputation with equality in the workplace, and what the FCA is doing to enforce transparency within climate risk management – plus, why AI in customer service is not scaring consumers anymore. All this and even more financial news to sink your teeth into.
Making It More Diverse: The Guild of Investment Managers Steps Up
Diversity, inclusivity, and equality. This is what the Guild of Investment Managers (GIM) is all about. To move forward and revolutionise the asset and wealth management sector, this newly-formed group have created a fascinating five-fold manifesto.
BlackRock Will Not Be Moved by Brexit
While some businesses are planning to move their base of operations to places like Dublin, Paris, or Luxembourg, the “world’s largest asset manager”, BlackRock has announced its plans to keep its EMEA HQ in a post-Brexit Britain.
Global Revenue Management Market Will Keep Growing in 2020
According to the Small Business Newswire (SBWire), the ‘Global Revenue Management Market Worth’, which currently sits at 21.92 Billion (USD) is estimated to grow up to 18% by 2020. This includes growth factors in sales and dynamics, supply and demand, plus market and forecast trends to name a few.
Disclose Your Climate Risk Management, Demands the FCA!
The Financial Conduct Authority (FCA) has focused on enforcing firms to disclose the ways in which they handle climate risk management. This is following their recently published report, which addresses the consequences of climate change, from valuing assets to offering investment protection.
Invest in Data – You Won’t Regret It
Did you know that bank and asset management companies who don’t invest in data will miss out? In a new study by YouGov, 55% of clients still don’t trust banks after the 2008 Financial Crisis. Now is the time for financial institutions to show how responsible they are for the data they store – and invest in more!
Why We Don’t Fear AI and Robo-Advisory Anymore
Skynet was sci-fi, right? While financial firms have baulked at the idea of a FinTech takeover, Genesys has revealed in their latest survey that AI and robo-advisory alternatives in customers service are not getting the same anxious reception as they have done in the past. The ‘rise of the machines’ may not be such a bad thing, people.
Sources: Reuters, Digital Journal, Investment Week, Global Banking & Finance Review
Learn more about the financial news that affects you by attending our November conferences, including The Summit for Performance, Risk & Attribution (SUPRA) and Client Reporting & Communications Forum (CRC) in London
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