In 2021, McKinsey, in collaboration with the Federation of European Risk Management Associations (FERMA), conducted a survey on resilience behavior and organizational management. Noting a “striking difference between corporates and financial services...
How well do you know your individual financial services competitors and the competitive landscape in which you operate? When it comes to putting together useful business intelligence, SWOT analysis is an important piece of the puzzle. SWOT Analysis...
In today's climate, saving money, fueling growth, and protecting against risk are imperative goals for financial service organizations. While there are a million and one ways to accomplish any of these, determining your strategy will come down to...
In the last month, some of the world’s biggest banks have faced votes from investors to improve their ESG investments and climate records. This is just the latest evidence that a growing proportion of shareholders, employees, and consumers want...
Whether you are looking at an exciting new business opportunity or a comprehensive strategy transformation, monitoring the performance of projects is crucial in today’s business world. But what's the best way to measure your goals to know the...
A McKinsey article on use of AI in the insurance industry calls data and analytics capabilities “table stakes” in the sector in Europe and North America. The article notes that “External data are the ‘fuel’ that is unlocking...
The Federal Deposit Insurance Corp. (FDIC) made international headlines when it announced Friday, March 10 that it was closing the Silicon Valley Bank (SVB). This is the largest U.S. bank failure of the decade, as SVB is estimated to have had over $209...
What is your reputation worth? While reputation can be difficult to quantify, a study by the World Economic Forum suggests that more than 25% of market value can be attributed to an organization’s reputation. Particularly in the financial service...
The tech space has boomed for decades, and most investment firms and financial institutions have invested consistently and aggressively in the area. As a result, tech stocks have led the pack throughout the 21st century's historic bull market, with...
When you gain access to a wealth of clean and accurate alternative data, you can greatly improve your financial modeling and predictive analytics. But before we get into the how , let’s back up a second and define the what . Alternative data is...
In today’s digital world, information is easy to find and access. And yet… it isn’t. Search tools have huge databases of content—Nexis itself has 45,000 sources! This can be daunting when you’re looking for something specific...
At its core, market intelligence depends on capturing relevant information from multiple sources to build out a comprehensive view of an existing market, trends over time, its customers, and competitors—all to gain insights into potential risks...
When Harvard Business Review surveyed competitive intelligence professionals, 45 percent of respondents said their analysis wasn’t having an impact on major decisions. What’s more, 33 percent said their reports were simply used to “ratify”...
The economy has been on a roller coaster the last few years—and that includes in the arena of mergers and acquisitions. But the projected economic downturn doesn’t necessarily mean M&A activity—or the research needed to support M&A...