The hunt for growth is on.
Despite today's hypercompetitive market,
of buy- and sell-side decision-makers* say the economic outlook will create growth opportunities next year.
believe their current technology isn't strong enough to support their growth plans.
say the same about their operations functions.
What's your readiness?
By focusing on six operational
principles, you can reap the rewards.
Readiness Index 2017
The Readiness Leaders outperform their peers against each principle.
Sophisticated technologies such as machine learning will be a key enabler of growth as well as efficiency.
have reached high levels of automation of trade execution%
in three years time
have reached high levels of automation of trading activity%
in three years time
Master Data Management
A firm's data management capability is separating the winners from the losers.
I am not effective at...
% % %
Embrace Emerging Technology
The Readiness Leaders understand that emerging technologies accelerate growth:
of leaders have implemented artificial intelligence (AI) or machine learning
of the rest of the industry
of leaders are testing blockchain solutions
of other institutions
Expedite Digital Innovation
38% don't take a forward-thinking approach to disruptive technologies and business models.
What's holding them back?
% % %
Redefine the Customer Experience
77% feel they are responsive to their customers.
Where are firms weakest?
% Outdated or inadequate technology % The delivery of digital and mobile access to services
Rethink the Talent Mix
The new operating model will need to be backed by a new digital skill set.
Firms are looking for expertise in:
Follow the Leaders and Reap the RewardsInstitutions that are closest to operational excellence are growing twice as fast and are better equipped to out-compete their rivals in the hunt for growth.
Average change in global revenue
or AUM — last 12 months+4%Readiness
What's your growth readiness?Are you ready to rise?
Take the FIS Readiness Benchmark to determine your growth readiness.*All data is sourced from a global survey of 1,000 senior buy- and sell-side decision-makers by FIS and Longitude that was conducted between March and May 2017.
Benchmark Your Growth Readiness
What is your organization’s top growth objective for the next 12 months?
What’s your outlook for your organization to achieve its growth targets over the next 12 months?
How far has your organization progressed toward implementing distributed ledger/blockchain technologies today?
How far has your organization progressed toward implementing artificial intelligence/machine learning technologies today?
How would you rate the effectiveness of your organization’s data management capabilities in unifying data sources across the organization today?
How would you rate the effectiveness of your organization’s data management capabilities in advanced analytics for predictive identification of risk and opportunities today?
Which of the following actions, if any, has your organization taken over the last 12 months to strengthen its digital innovation?
How effective is your institution at delivering digital/mobile access to services for positive customer experience?
(Going back is not allowed. Be sure to double-check answers.)
Private equity firms have doubled in the past five years, making talent harder to find. Automation and robotics can free up resources for growth.
Fund administrators continue to face a fast-changing investment market, while battling cost pressures, regulatory requirements and competitive threats. Despite their current challenges, half of fund administration firms see a positive economic outlook as an opportunity for growth. Download the research to learn how they can achieve their ambitions.
Banks and Broker-Dealers
Sell-side firms have grappled with slow economic growth, and regulatory developments that have squeezed margins and challenged business models. Our research shows that banks and broker-dealers can reshape their operating models to improve the profitability of existing services and capture new growth opportunities.
Traders are cautious about whether their organizations can achieve their growth and see investment in front-office IT and digital skills as crucial enablers.