Changing Profile of Financial Services

Changing Profile of Financial Services

Author: B.L. Mathur

Publisher: Discovery Publishing House

Published: 1997

Total Pages: 246

ISBN-13: 9788171413980

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The financial services have developed and diversified manifold during the past few years and seen mushroom growth during the late eighties. These services have now achieved a high degree of specialisation to cater to the need of corporate sector and consumer. The financial service industry has witnessed a major transformation in recent year following the liberalisation in recent year following the liberalisation of the economy by several developing economies. Under the new dispensation, financial services companies offering a wide range of integrated services, enjoy ample scope of expansion of business not only in volume but also in spread. Despite the myriad restriction on their growth, financial services companies are providing to be the current range of activities in the corporate sector and this is bound to shake up the sedate of world financial sector as never before the boom in financial services companies is not doubt a welcome development. But at the same time there require special skill to run finance services efficiently. In this book, efforts have been made to analysed the working of important financial services e.g. Commercial Paper. Mutual Fund Factoring, Forfeiting. Venture Capital etc. and Suggested measures to tackle challenges put forwarded by liberalisation of economy.


Operations in Financial Services

Operations in Financial Services

Author: Michael Pinedo

Publisher: Foundations and Trends in Technology, Information and Operations Management

Published: 2017-12-21

Total Pages: 132

ISBN-13: 9781680833362

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Operations in Financial Services establishes a framework for this research area from an operations management perspective. The first section presents an introduction and provides an overview of the topic. The second section establishes links between the current state of the art in relevant areas of operations management and operations research and three of the more important aspects of operations in financial services - (i) financial product design and testing, (ii) process delivery design, and (iii) process delivery management. The third section focuses on the current issues that are important in the financial services operations area. These issues center primarily on mobile online banking and trading in a global environment. The fourth section discusses operational risk aspects of financial services. The final section concludes with a discussion on research directions that may become of interest in the future.


Financial Services, Globalization and Domestic Policy Change

Financial Services, Globalization and Domestic Policy Change

Author: William D. Coleman

Publisher: Springer

Published: 2016-07-27

Total Pages: 301

ISBN-13: 1349247146

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The global scope of the changes in the international financial and monetary systems ensured that no nation-state could protect itself from their effects. The quarter-century, 1970-95, included the most extensive legislative overhaul of financial services policy since the Great Depression, if not the greatest set of changes ever. This book examines how five such states - Canada, France, Germany, UK, USA - adapted by reforming their financial services policies.


Artificial Intelligence in Banking

Artificial Intelligence in Banking

Author: Introbooks

Publisher:

Published: 2020-04-07

Total Pages: 50

ISBN-13:

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In these highly competitive times and with so many technological advancements, it is impossible for any industry to remain isolated and untouched by innovations. In this era of digital economy, the banking sector cannot exist and operate without the various digital tools offered by the ever new innovations happening in the field of Artificial Intelligence (AI) and its sub-set technologies. New technologies have enabled incredible progression in the finance industry. Artificial Intelligence (AI) and Machine Learning (ML) have provided the investors and customers with more innovative tools, new types of financial products and a new potential for growth.According to Cathy Bessant (the Chief Operations and Technology Officer, Bank of America), AI is not just a technology discussion. It is also a discussion about data and how it is used and protected. She says, "In a world focused on using AI in new ways, we're focused on using it wisely and responsibly."


The Million-dollar Financial Services Practice

The Million-dollar Financial Services Practice

Author: David J. Mullen (Jr.)

Publisher: Amacom

Published: 2013

Total Pages: 354

ISBN-13: 0814431739

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Using the proven method author David J. Mullen Jr. has taught at Merrill Lynch and is famous for in the industry, The Million-Dollar Financial Services Practice guides aspiring brokers on their journey toward building a lucrative financial services practice. Templates, scripts, letters, and tried-and-true market action plans work together to give you the skills you need to get the appointment, convert prospects to clients, build relationships, retain clients, use niche marketing successfully, and increase the products and services each client uses. You'll also gain insight into practical areas often overlooked by other industry guides, including how to work in teams, how to train sales associates, and how to handle and overcome rejection. Updated with new strategies for acquiring affluent clients, the second edition of The Million-Dollar Financial Services Practice includes tips on offering wealth management services, using social media, leveraging alumni marketing, and targeting successful relators as clients to help today's financial service professionals become top producers.


Banking Theory and Practice, 21th Edition

Banking Theory and Practice, 21th Edition

Author: Shekhar K.C. & Shekhar Lekshmy

Publisher: Vikas Publishing House

Published:

Total Pages: 1061

ISBN-13: 932596905X

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Banking Theory and Practice covers the entire gamut of topics in the field of banking–from its evolution to the latest trends. The Indian banking system is undergoing unprecedented changes as a result of new legislations and reforms in response to the contemporary needs. The present edition has kept pace with these developments, including the changes in legislation, growing globalization of banking, as well as the expansion of the banking business to meet the needs of customers for a wider range of services. The book, which was initially aimed to serve the needs of undergraduate students, has over the years deepened and widened in both scope and contents. It is now an essential resource not only for undergraduate students, but also for professional bankers and those who pursue more advanced and practically oriented studies on the subject. KEY FEATURES • Subject matter thoroughly revised and statistical data updated • Covers the move towards universal banking, virtual banking, green banking • Includes flexi bank accounts and speed clearing • Covers Banking Laws (Amendment) Act, 2011 • A new chapter on Financial Stability, especially in the Indian context • Covers changes in the operating procedure of monetary policy • Payments and settlement system and its development in India, including introduction of NEFT, CTS, National ECS, MICR cheques and RTGS • Learning objectives at the beginning of each chapter • Summary and review questions at the end of each chapter


Strategies of Banks and Other Financial Institutions

Strategies of Banks and Other Financial Institutions

Author: Rajesh Kumar

Publisher: Elsevier

Published: 2014-07-16

Total Pages: 562

ISBN-13: 0124171672

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How and why do strategic perspectives of financial institutions differ by class and region? Strategies of Banks and Other Financial Institutions: Theories and Cases is an introduction to global financial institutions that presents both theoretical and actual aspects of markets and institutions. The book encompasses depository and non-depository Institutions; money markets, bond markets, and mortgage markets; stock markets, derivative markets, and foreign exchange markets; mutual funds, insurance, and pension funds; and private equity and hedge funds. It also addresses Islamic financing and consolidation in financial institutions and markets. Featuring up-to-date case studies in its second half, Strategies of Banks and Other Financial Institutions proposes a useful theoretical framework and strategic perspectives about risk, regulation, markets, and challenges driving the financial sectors. - Describes theories and practices that define classes of institutions and differentiate one financial institution from another - Presents short, focused treatments of risk and growth strategies by balancing theories and cases - Places Islamic banking and finance into a comprehensive, universal perspective


Operational Risk Management in Financial Services

Operational Risk Management in Financial Services

Author: Elena Pykhova

Publisher: Kogan Page Publishers

Published: 2021-07-03

Total Pages: 385

ISBN-13: 1789667119

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Technology failures, data loss, issues with providers of outsourced services, misconduct and mis-selling are just some of the top risks that keep financial firms up at night. In this context effective operational risk management is, simply, a commercial necessity. The management of operational risk, defined by the Basel Accord as arising from failures of processes, people, systems or external events, has developed considerably since its early years. Continued regulatory focus and catastrophic industry events have led to operational risk becoming a crucial topic on senior management's agenda. This book is a practical guide for practitioners which focuses on how to establish effective solutions and avoid common pitfalls. Filled with frameworks, examples and diagrams, this book offers clear advice on key practices including conducting risk assessments, assessing change initiatives, designing key risk indicators, establishing scenario analysis, drafting appetite statements and carrying out risk reporting. Operational Risk Management in Financial Services also features results from polls taken by risk practitioners which provide a snapshot of current practices and allow the reader to benchmark themselves against other firms. This is the essential guide for professionals looking to derive value out of operational risk management, rather than applying a compliance 'tick box' approach.