Tuesday 25 June 2013

Current Trends of Financial Services in 2013

In this IT world, rising technology impacts on the financial service industry and its business. However, these impacts provide a window of opportunity for financial organizations to elevate their business consequences and make them top among their competitors. This proficient provides to the finance industry about IT issues in promising trends to help industry professionals that how to identify and control their IT investments.

Here are some types of trends to Control your Investment:

Information Technology Platform Sharing:
In today’s market the business strategies of financial consulting companies should be flexible and dynamic. Need to earn then need to save. With this truism, financial services provider should consider to reduce cost before supplying information to global market. To reduce cost sharing platform is one of the effective way. For example: Mobile phone companies who have collaboration with local markets in order to decrease the cost of their investments.

Self Servicing:
As per IBM statement, self servicing and clients should be the foremost target of every financial consulting company. Fontegocapital.com is a self servicing organization. And this technology of this organization results workload of workers more efficiently and quickly.

World Class Banking:
Every world class bank like Citibank, American Express etc though chase to spread their investment portfolio management worldwide, but they have made their local view much stronger in USA. So in order to grow in this competitive world, the power of emerging companies should be spread in local area more strongly. Then they should focus to grow their market in world market.

Smartphone Facility:
Smartphone mobile facility is just like a boon. The increasing craze of smartphone usage in financial markets makes your investment a safe, low cost initiative in financial sector. It is a very quickest way to transfer money to your family and friends, money can be sent and fund management can be done even not going to a physical bank or payment center.

E-banking:
A special report from The Economist sees that with 3.5 billion people with cell phones and an expected 10-20% year over year growth, personal and business banking transactions are conducted through cell phones more and more. Thus, E-banking capability is quickly becoming an increasing requirement in order to compete in the marketplace. E-banking capabilities provide companies with essential flexibility and differentiation in the market through Internet-based service applications.

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