NEWS & VIEWS
The financial services world has shifted dramatically over the past decade. We’re more interconnected than ever, the technology we use has advanced at a dazzling speed and the regulation that governs us has evolved and expanded to fit newly uncovered areas of finance.
As we look ahead to the next decade and beyond, there’s one thing we can be certain of: things will continue to change.
With change comes uncertainty, but with uncertainty comes opportunity. It may be impossible to predict all the ways our world will change or the pace at which things will change, but what is in our control is how we, as businesses, react to uncertainty.
In the following report, Acutest and FSL explore four pillars on which financial institutions can build to future-proof themselves against an evolving market backdrop and thrive amid uncertainty.
These four core pillars – customer experience, trust, data and agility – were informed by a discussion between our parent companies, Trustmarque and Industrial Thought Ltd, and business futurist William Higham. Without these four pillars, it would be difficult to grow and seize the opportunities that lie ahead as your business navigates changing markets, technology and regulations. Indeed, without these as your guiding principles, it may be impossible to survive.
Acutest, part of Trustmarque
Acutest, a technology consultancy, specialises in Quality Assurance and Software Testing of IT change programmes and accelerating business as usual change. Our mission is to reduce the cost of change, increase the speed of change, and improve the governance of change. We enable our customers to deliver working products and services on time and with confidence.
FSL, part of Industrial Thought
FSL provides market-leading solutions and services that simplify the process of investment tax management, analysis and reporting. Its flagship product, CGiX, is trusted by leading members of the UK’s wealth and investment community to accurately calculate their taxable wealth. Its other solutions include ORF, a comprehensive database of corporate actions that supports the calculation of excess reportable income (ERI).