Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Fall in number of data breaches - Verizon

The number of electronic data breaches fell last year according to a report from Verizon and the US Secret Service which also shows that the top target for e-record thieves remains the financial services industry.

28 July 2010

News/Research/analysis

Over half of capital markets firms do not have real-time market surveillance

Over half of capital markets firms do not use real-time market surveillance and monitoring tools despite a general recognition in the industry that greater transparency is needed to deal with abuse and irregular activity, according to a survey from Progress Software.

27 July 2010

News/Research/analysis

Firms that shun social media are missing out - studies

Companies failing to use social media to reach their customers and employees do so at their own peril, according to a study from Yankee Group for Siemens Enterprise Communications.

21 July 2010

News/Research/analysis

Cash still king - Ovum

The long trumpeted vision of a cashless society is not set to become reality in the foreseeable future, with notes and coins remaining the primary method of retail payment, by volume, for many years to come, claims tech analyst Ovum.

20 July 2010

News/Research/analysis

Risk management salaries rebound as data and IT concerns persist

Business and IT staff at Europe's financial institutions want more emphasis placed on risk management, with just a quarter confident that their existing IT systems are capable of using stored data to provide a full analysis across all business units, according to research commissioned by Oracle.

20 July 2010

News/Research/analysis

Financial crisis spurs direct banking uptake

Demand for direct retail banking services has risen since the financial crisis, posing a major technological challenge for financial services providers desperate to attract and keep increasingly disloyal customers, according to research from Accenture.

19 July 2010

News/Research/analysis

Half of consumers think cash will be obsolete in 20 years - survey

With Brits increasingly turning to cards, cash could be obsolete by 2030, according to 52% of users of discount Web site MyVoucherCodes.

09 July 2010

News/Research/analysis

Asset managers turn to client reporting as IT budgets stabilise - survey

With IT budgets in the asset management industry beginning to stabilise, firms are turning their attentions to improving middle office processes, focusing particularly on client reporting, according to a survey from vendor Religare Technova.

09 July 2010

News/Research/analysis

UK finance sector IT spending to remain flat - survey

Spending on IT by UK financial services firms is set to remain flat over the next year, while employment in the sector could be set for a modest rise, according to a survey from the CBI and PwC which also reveals industry growth in the last quarter has been lower than expected.

28 June 2010

News/Research/analysis

Wall Street steps up analytics spending

Over 90% of Wall Street firms expect to increase spending on analytics over the next year, with risk and compliance the areas most likely to see greater investment, according to a survey from IBM and Sifma.

24 June 2010

News/Research/analysis

Finance firms shun investment in new tech in favour of essentials - survey

Most financial services firms are failing to invest in new technologies this year, instead focusing on IT essentials such as compliance and security, according to a survey from LogLogic.

18 June 2010

News/Research/analysis

DTCC, Swift and XBRL US make case for corporate actions automation

The Depository Trust & Clearing Corporation (DTCC), Swift and XBRL US have published a business case in favour of automating corporate actions messages.

17 June 2010

News/Research/analysis

Co-op Bank tops UK sales site table

The Co-operative Bank has topped a review of how well UK retail financial services Web sites sell services and products, with Yorkshire Bank bottom of the pile.

17 June 2010

News/Research/analysis

Banks increase information security budgets as threats evolve

Despite the global economic downturn over the last two years, most financial institutions increased their information security budget in 2010 as they faced up to new, often internal, threats, according to a global survey from Deloitte.

09 June 2010

News/Research/analysis

US online banking customer satisfaction slips but remains high

Customer satisfaction with Internet banking in the US has slipped over the last year but the channel is still more highly rated than offline alternatives, according to two separate reports.

13 May 2010

News/Research/analysis

Risk management weaknesses at finance firms persist - EIU survey

Many of the flaws in risk management at banks and insurers that precipitated the global financial crisis remain unaddressed even as new dangers have emerged, according to research from the Economist Intelligence Unit.

04 May 2010

News/Research/analysis

LSE trading fees under scrutiny

Executing a UK equity trade on the London Stock Exchange is significantly more expensive than on Chi-X or Bats Europe, with over 80% of the cost coming from trading fees, according to research commissioned by Euroclear.

04 May 2010

News/Research/analysis

Restless City IT staff looking to change jobs - survey

Over three quarters of UK IT professionals working in financial services plan to look for a new job over the next year, according to a survey from recruitment outfit Hays.

30 April 2010

News/Research/analysis

Millions of Brits risking fraud by writing down PINs - Which?

Around one in 10 Brits write down their card PIN or share it with someone, increasing the risk of fraud, according to a survey from Which?

29 April 2010

News/Research/analysis

Technology, not regulation, key to fighting insider trading - survey

Insider trading is a systemic risk that is largely immune to regulation and instead needs to be tackled culturally and technologically, according to a survey of UK market players by MPI Europe.

28 April 2010