Regular commentary on current banking industry issues from PwC's US Banking sector and Financial Services Advisory leader.
Financial Services Institute publications
Our series of timely, thought-provoking and informative publications on current issues impacting the financial services industry.
PwC convened a Chief Data Officer (CDO) roundtable at the Massachusetts Institute of Technology (MIT) in the summer of 2016 with a select group of CDOs from the financial services industry to exchange perspectives on the evolving mandate of the CDO.
Banks preparing for the next round of change efforts should consider lessons learned from previous change programs.
After years spent on managing regulatory initiatives and figuring out what to do, it’s time to focus on how to do it better and how to competitively differentiate yourself. Next generation collateral management, or Collateral Management 2.0, could be the answer, but how can you arrive at Collateral Management 2.0 with binding priority, time, and cost constraints?
Regulators are expecting more from bank audit committees. Providing strong guidance and oversight is critical.
Making a withdrawal? Brexit’s effect on US banks and capital markets firms
The UK voted to leave the EU. How will this affect US banks and capital markets firms and what can you do to prepare?
Banking & Capital Markets Deals Insights
The Q2 2016 continued the trend of a slowdown in US Banking & Capital Markets deals. Deal volumes decreased as well as deal values. Read our full report to learn more.
To share or not to share: The single- vs. multi-dealer platform choice
As capital markets evolve, investment banks are rethinking their client-facing platform strategies.
Current state of the auto finance industry
In this paper, we focus solely on the US results of our 2016 International Automotive Lending & Leasing survey and provide relevant insight to not only lenders, but also manufacturers and dealers.
The future of wholesale funding markets
This paper discusses the future of Repo markets post Tri-party reform using the views of market participants (via interviews and a survey) to draw conclusions: regulation’s effect, the Fed’s continued involvement and the development of cleared repo.
Financial Services: 2015 SEC comment letter trends
This paper discusses the recent areas of focus and applicable accounting or reporting guidance in SEC staff’s comment letters issued over the past few years to registrants within the financial services industry.
Bonfire of the Brands
Will your brand survive and thrive? Explore PwC's latest consumer intelligence series.
Shared Success: Where risk, efficiency, tech, and customer experience meet
Want to reduce duplication and dissolve silos? Using a shared approach to process mapping can help get the job done.
All aboard: Delivering the onboarding experience customers demand
How can financial institutions streamline and enhance customer onboarding to promote long-term, profitable relationships?
Money is no object: Understanding the evolving cryptocurrency market
What is cryptocurrency? How might the technology behind it disrupt financial services? How might this new market evolve?
Shortening the settlement cycle: the move to T+2
As the industry moves through the phases of the T+2 migration effort, the ISC will continue to engage with regulators and with organizations on the industry’s progress and next steps.
Not a game of chance: The case for stronger collateral management
When trading, financial firms must apply a greater focus on collateral. How can they make the most of their resources?
Significant others: How financial firms can manage third party risk
Using third party service providers can be a risky business. Get fewer headaches by getting on top of the problem.
|Less is more: Leaner, integrated IT platforms for the new capital markets arena
How can sell-side financial institutions transition toward simpler, more integrated IT platforms?
|The extra mile: Risk, regulatory, and compliance data drive business value
Want to enhance business value while responding to risk, compliance, & regulatory needs? Learn how to go the extra mile.
|Ditch the product pitch: Winning through customer-focused content
Pitches don’t sell products—emotional connections do. How to win customers’ hearts through personalized content.
|Payments on the go: Making sense of the evolving mobile payments industry
Mobile payment systems have had trouble gaining traction and acceptance, but now may be the time to cash in.
|Banking & Capital Markets cybersecurity and privacy hot topics 2015
Understanding the evolving landscape and key considerations to achieving a strategic cybersecurity and privacy program.
|2014 FFIEC manual updates
A summary of the substantive changes to the 11 sections of the FFIEC manual that received significant updates.
|Playing the part: Streamlining role-based access control
Want to streamline the user-access experience and more tightly restrict access? Implement role-based access control.
|Risk Appetite Frameworks: Insights on evolving global practices
The International Association of Credit Portfolio Managers (“IACPM”) and PricewaterhouseCoopers LLP (“PwC”) jointly performed a study to understand industry practices and challenges of developing, implementing, and enhancing risk appetite frameworks.
|State of compliance 2014: Financial services industry brief
Even though the corporate compliance function is better developed in the financial services sector than in other industries it continues to evolve.
|Retail Banking 2020: Evolution or Revolution?
Insights into the future of the retail banking industry that are important for your actions today, and your plans for the future.
|Stay informed: Financial Services 2013 SEC comment letter trends
This paper discusses the SEC staff’s comment letters issued over the past few years to registrants within the financial services industry and the identified trends of hot topic areas.
This point-of-view discusses the four themes that we have identified that impact the evolution of mobile payments and shape how players should respond.
|Successful integrations: Mergers and integrations in consumer finance companies
This point-of-view will help companies to assess their integration plans and can help to provide leading practices and a framework to help prevent common pitfalls.
|Banking Banana Skins 2012
Input from more than 700 banking executives from 58 countries indicate that economic uncertainty persists, with macro-economic risk rising to the top of the list of boardroom concerns. The fragile confidence in the sector is based on credit risk, liquidity, and capital availability. PwC and the Centre for the Study of Financial Innovation (CSFI) explore the risks bankers worldwide are facing in the current climate and how they prioritize them.
|The right tool for the job: How Digital Mail can reduce customer communication costs
This point-of-view will help companies better understand the cost benefits to using digital mail and how it may impact the customer experience.
|Banking Relationships: Managing Through Disruption
Banks are re-organizing operations to better serve their customers. Anthony Klick, a Principal in PwC's Banking & Capital Markets practice, discusses seven strategies that can help banks reinvent their business model and manage the transformation of their industry.
|Quants in the front office: Creating value with organizational design
Despite a handful of comparables in the market, financial institutions looking to get more out of their quants would do well to review the competition but then design to their unique environment. The complex sets of factors that make up an organization are rarely portable, making design critical. Read on for our perspective on designing for an emerging quant operating model.
|From surviving to thriving: Improving revenues and profits in the new banking environment
In the aftermath of the financial crisis, the banking industry is facing fundamental challenges. Tighter regulations and changing customer behaviors impact revenues and retention. Although some leading banks are embracing aspects of behavioral economics, cognitive science, "lean" manufacturing processes, and advanced analytic modeling, they need to do more.
|From source to surveillance: the hidden risk in AML monitoring system optimization
Actively managing AML monitoring data can reduce costs, save time, avoid regulatory remediation and improve assurance. Moving beyond the financial crisis, regulators are refocusing their efforts on anti-money laundering and terrorist financing enforcement, The increased regulatory scrutiny is compelling institutions to take a closer look at their AML operations.