Inadequate personal savings, demographic changes, new EU/Basel regulation aimed at improving transparency and the rise of digital technologies mean that financial services organisations need to become increasingly focussed on the customer. Customers need the right products at the right time thus enabling the economy to flourish, whilst customers are safe in the knowledge that they are protected.
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Transparency is one of the aims of regulation and organization should take into account the systems, inputs and methods, resulting in a possible problem for innovation.
In the new era of cautious optimism, competition for market share remains fierce. Organizations have continued interest in high growth, mergers and renewed focus on product innovation and portfolio mix.
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At BlueLake, our financial services industry consultants will help you find the way across this situation to achieve a flourishing future. Contact our team of experts to get further information about our services.
