Fragmented data. New competitors. Mounting regulation. As chief operations officer,
here are the risks you need to be aware of in today’s environment.
WHICH 3 RISKS SHOULD
BE ON YOUR RADAR?
trend sheet
KEEP YOUR RISKS UNDER CONTROL
In today’s environment, you need the right risk mitigation tools in place.
Choose platforms and vendors that can help you control risk more effectively.
Get in touch
New regulation brings new risks and keeping on top of those risks is an ongoing challenge for operations teams. From the departure of LIBOR to the arrival of new ESG rules, market and regulatory changes are coming thick and fast – and at the same time, firms also need to get to grips with new asset classes.
The stakes are high. Firms that fall short of compliance risk incurring severe penalties. Equally, failing to keep on top of market changes could mean your firm falls behind the competition.
MARKET AND REGULATORY CHANGES
Many firms have opted for a best-in-breed approach to technology in recent years – but this often means that firms end up with a spaghetti bowl of systems that don’t communicate effectively with each other. The same situation can arise for firms that expand through M&A.
Either way, the result is the same: an unwieldy collection of fragmented technology and data which can leave the firm at risk of making ineffective decisions.
FRAGMENTED TECHNOLOGY AND DATA
In today’s market, firms are having to hold their own against more competitors than ever before, as disruptors and innovators jostle for market share.
These new entrants are using innovative models to make money, with implications for existing firms’ commission models and revenues. At the same time, shareholder pressure to innovate is escalating. As COO, it’s essential that you help your firm adapt to this new competitive landscape.
NEW COMPETITORS
©2022 FIS FIS and the FIS logo are trademarks or registered trademarks of FIS or its subsidiaries in the U.S. and/or other countries. Other parties’ marks are the property of their respective owners. 1915239
linkedin.com/company/fis
twitter.com/fisglobal
www.fisglobal.com
getinfo@fisglobal.com
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally.
Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.
About FIS
1
3
2
“Data can often be fragmented across business silos, locations and systems – you may even have multiple copies of the data. And bad data can lead to poor and inaccurate decision-making.”
Paul Landi, Director of Product Strategy, Private Equity, FIS
“In the brokerage industry, disruptive brokers have eliminated commissioning for trades. As a result, large firms have had to find other avenues for making money, meaning the market has changed the way revenue is coming through the door.”
David Hoffman, Manager, Business Solutions, FIS
Get in touch
As COO, there’s plenty you can do to drive growth for your firm – whether that means monetizing data, paring back operational costs or outsourcing non-core activities.
KEEP YOUR RISKS UNDER CONTROL
©2022 FIS FIS and the FIS logo are trademarks or registered trademarks of FIS or its subsidiaries in the U.S. and/or other countries. Other parties’ marks are the property of their respective owners. 1934837
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.
About FIS
In today’s market, firms are having to hold their own against more competitors than ever before, as disruptors and innovators jostle for market share.
These new entrants are using innovative models to
make money, with implications for existing firms’ commission models and revenues. At the same time, shareholder pressure to innovate is escalating. As COO,
it’s essential that you help your firm adapt to this
new competitive landscape.
NEW
COMPETITORS
Many firms have opted for a best-in-breed approach to technology in recent years – but this often means that firms end up with a spaghetti bowl of systems that don’t communicate effectively with each other. The same situation can arise for firms that expand through M&A.
Either way, the result is the same: an unwieldy collection of fragmented technology and data which can leave the firm at risk of making ineffective decisions.
Paul Landi, Director of Product Strategy, Private Equity, FIS
“Data can often be fragmented across business silos, locations and systems – you may even have multiple copies of the data. And bad data can lead to poor and inaccurate decision-making.”
FRAGMENTED TECHNOLOGY AND DATA
New regulation brings new risks and keeping on top of those risks is an ongoing challenge for operations teams. From the departure of LIBOR to the arrival of new ESG rules, market and regulatory changes are coming thick and fast – and at the same time, firms also need to get to grips with new asset classes.
The stakes are high. Firms that fall short of compliance risk incurring severe penalties. Equally, failing to keep on top of market changes could mean your firm falls behind the competition.
MARKET AND REGULATORY CHANGES
5
4
3
2
1
Fragmented data. New competitors.
Mounting regulation. As chief operations officer,
here are the risks you need to be aware of in today’s environment.
WHICH 3 RISKS SHOULD BE ON YOUR RADAR?
trend sheet
ESG rules
End of LIBOR
New asset classes
David Hoffman, Manager, Business Solutions, FIS
“In the brokerage industry, disruptive brokers have eliminated commissioning for trades. As a result, large firms have had to find other avenues for making money, meaning the market has
changed the way revenue is coming through the door.”
New regulation brings new risks and keeping on top of those risks is an ongoing challenge for operations teams. From the departure of LIBOR to the arrival of new ESG rules, market and regulatory changes are coming thick and fast – and at the same time, firms also need to get to grips with new asset classes.
The stakes are high. Firms that fall short of compliance risk incurring severe penalties. Equally, failing to keep on top of market changes could mean your firm falls behind the competition.