Novantas – Financial Consultants

Management Consulted

NOVANTAS FINANCIAL CONSULTANTS Today, we take a look at the industry leader in advisory services for financial institutions. The post Novantas – Financial Consultants appeared first on Management Consulted. For the last 15 years, Novantas has worked with 80% of the world’s largest global banks, payment networks, wealth managers, and other … Continued. consulting interviews

Growing through M&A in Financial Services

Strategy+Business

In a wide-ranging interview presented as part of our "Inside the Mind of the CEO" series, Gary Norcross, chief executive officer of global payment and financial technology giant FIS, discusses the company's strategy. FIS is preparing for growth amid disruption by investing in acquisitions, placing bets on startups, and bolstering its own technological capabilities

Mobile money in emerging markets: The business case for financial inclusion

McKinsey

Insights on Financial ServicesMeeting the mobile money needs of the unbanked in emerging markets is a vast opportunity. To succeed, providers need a clear view on what drives mobile money economics, and an innovative mind-set.

The new dynamics of financial globalization

McKinsey

Cross-border capital flows have fallen 65 percent since the financial crisis as global banks retrenched, but a more stable form of financial globalization is emerging. Our Insights

Data Analytics for Financial Institutions

BCG

Financial institutions continue to collect vast amounts of data, but few are generating a return commensurate with their investment. Article Tuesday, May 09, 2017.

Financial globalization 2.0

McKinsey

Signs of greater resilience and increased stability are everywhere. Actions taken over the last ten years therefore imply less fragility when the next crisis hits, as it surely will, write Susan Lund and Hans-Helmot Kotz in Project Syndicate. MGI in the News

Using fintech to democratize financial services

McKinsey

PayPal’s CEO explains how digital can bring new people into the banking fold and create opportunities for them to spend, save, and make charitable contributions. Our Insights

What Brexit Means for Financial Institutions

BCG

Focus Monday, August 01, 2016. The vote in favor of “Brexit,” Britain’s exit from the EU, has created significant uncertainty for the UK, the EU, and global economies. The arrangements for the UK’s departure and the terms and timing of the eventual exit are unclear.

Ensuring Digital Readiness in Financial Services

BCG

Article Thursday, April 28, 2016. Across industries, digital innovators are pushing customer service standards higher every day, offering ever-expanding arrays of cutting-edge, digitally enabled services and features.

Improving Financial Inclusion in South Africa

BCG

Financial inclusion, which is linked to family prosperity, GDP growth, and reduction of poverty rates, can help build a more promising future for South Africa. But financial institutions and the government must work together closely to achieve it. Focus Tuesday, April 11, 2017.

William Black on Global Financial Stability

Tom Spencer

In his TED Talk from last year (watch it below) Black talks about “liar’s loans” and other tactics that the banks used to bring the global economy to its knees during the 2008 financial crisis.

Efraim Benmelech on Financial Disease

Strategy+Business

The associate professor of finance at the Kellogg School of Management, discusses the lifecycle of a financial crisis. For more related insights, read " Efraim Benmelech on Financial Contagion

“Positive Ripple” Asininity Courtesy of Financial Times

MishTalk

Economically illiterate Financial Times writer Gillian Tett is singing the praises of inflation. There’s nothing special about being an economic illiterate. It’s the norm. What’s unusual is the way Tett pretends to know what is best for everyone in Japan. “ A generation has grown up thinking deflation is normal and desirable ,” says Tett. more…). Economics

Abra Cadabra: Yellen “No Financial Crisis in Our Lifetime” vs Fed’s Kashkari “67% Chance of Another Financial Crisis”

MishTalk

Fed Chair Janet Yellen made financial news today when she proclaimed that she expects No New Financial Crisis in ‘Our Lifetimes’ (more…). Economics

3 ways financial advisory consulting bests strategy consulting

Management Consulted

From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Financial advisory firms recruit from a broader set of schools.

Lacy Hunt on Financial Repression; Deleveraging Not

MishTalk

In another of his series on Financial Repression, Gordon Long of Market Research and Analytics interviewed Dr. Lacy Hunt, Executive Vice President of Hoisington Investment Management Company. On Long''s Financial Repression Website , you can see all the interviews in this series.

Rickards: “Next Financial Crisis 6-8 Months Away” Got Popcorn? Gold?

MishTalk

In a Daily Mail interview, Jim Rickards says the next financial crisis is eight months away, will be BIGGER than the last and triggered by war with North Korea. “It is inevitable, it will hit us in the next six to eight months,” claims Rickards. more…). Economics

4 Financial Innovations to Make Business Easier

Tom Spencer

Here are four (4) examples of financial innovations that can make your business easier to run. Peer lending is one of the newest financial innovations in the world today. This is a guest post from Sarah Smith. Overview.

5 reasons to choose strategy consulting over financial advisory consulting

Management Consulted

Strategy consulting vs. financial advisory consulting – both are consulting. Financial advisory consultants address how a company spends cash, manages debt, and issues equity for specific internal projects, acquisitions, or other key growth plans. One note – we’re addressing here specifically financial advisory consultants who work for large companies – not personal financial advisors.

A winning partnership: Financial institutions and strategic suppliers

McKinsey

For financial institutions, working with truly strategic partners is, and should be, very different from managing other supplier relationships. Our Insights

How and Where Diversity Drives Financial Performance

Harvard Business

Juj Winn/Getty Images. Diversity is both an issue of fairness and, some say, a driver of innovation and performance. To assess the latter claim, we undertook a large, cross-country study into the relationship between multiple aspects of managerial diversity, the presence of enabling conditions such as leadership support for diversity, and innovation outcomes. We surveyed more than 1,700 companies across eight countries (the U.S.,

The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Harvard Business

Others, like financial services, are only now experiencing this change in earnest. The Future of Financial Services. The financial services industry, a traditional laggard in technology adoption, is just now entering the digital phase. Banks are feeling the crunch; according to McKinsey , legacy financial institutions will see profits decline 20%–60% by 2025 if they fail to evolve digitally. Keep in mind that financial technology is a commodity.

The Ghost of Financial Crises Past

Strategy+Business

Economic historian Barry Eichengreen finds telling parallels between the botched responses to the stock market crash of 1929 and the financial crisis of 2008

Brexit Tracker Battle: Financial Times vs. Economist vs. Bloomberg

MishTalk

In addition to competing GDP “Nowcasts” between the Atlanta Fed and the New York Fed, at least three financial sites … Continue reading → Economics

Rethinking the Fed: More Tightening than Priced In? Next Financial Crisis Coming Up?

MishTalk

Time and time again, the Fed sows seeds of the next financial crisis in actions it takes to mitigate the previous financial crisis that it caused. Have we reached that point yet? more…). Economics

Should assessing financial similarity be part of your corporate portfolio strategy?

McKinsey

Businesses with different financial profiles can tax managers and put performance at risk. When divesting isn’t an option, here’s how to manage the conflicts. Our Insights

Applying analytics in financial institutions’ fight against fraud

McKinsey

Using data along with other cutting-edge tools can help organizations make better decisions and step up efforts to monitor fraudulent transactions. Our Insights

Are US consumers feeling greater financial security?

McKinsey

Our latest survey suggests that consumer confidence is on the upswing. Our Insights

Mobile financial services in Africa: Winning the battle for the customer

McKinsey

To compete in Africa’s diverse mobile money markets, banks must offer distinctive mobile and digital services not only in payments and deposits, but across the spectrum of financial services. Our Insights

Why Financial Statements Don’t Work for Digital Companies

Harvard Business

Why do investors react negatively to financial statement losses for an industrial firm but disregard such losses for a digital firm? In the 2016 book The End of Accounting , NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions. Our current financial accounting model cannot capture the principle value creator for digital companies: increasing return to scale on intangible investments.

Financial Times Editorial Seeks Restrictions On Free Speech to Stop False News “Propaganda War”

MishTalk

A pair of articles by the Financial Times offers quite the take on disinformation hypocrisy. I suggest the Financial Times look into the mirror if it wants to understand where the problem is. Worse yet, to stop the spread of fake news, the FT editorial board wants restrictions on freedom of speech. more…). Economics

Financial Times, Barron’s Tout Death of Gold

MishTalk

When the pall bearers and grave diggers start dancing on gold’s grave, it’s usually a good time to buy. Here are a few articles that will have contrarian ears perking up. more…). Economics

Ally Financial Issues Profit Warning Over Used Car Prices: Jamie Dimon Says “It’s Not Systemic”

MishTalk

A supply glut of used cars coupled with subprime lending finally came to the forefront with a Profit Warning From Ally Financial. Ally Financial Inc. shaving $300 million from its financial-services arm’s profit forecast for this year.

2014 individual market post-3R financial performance

McKinsey

2014 performance in the individual market varied among payors – most had negative margins, but ~30% of carriers’ margins were positive. Our Insights

Vision Tips & Tricks: Financial Report Showing Orgs in Columns

Deltek

How can you show organizations listed as columns on a Vision financial statement? Check out this week's tips & tricks to learn how

Why Two Financial Targets Can Be Better than One

Harvard Business

Financial management Digital ArticleAs consultants, we once helped a manufacturing plant director discover how we could save $20 million from his costs in the coming year. His response? “I don’t want $20 million. I only need $3 million to meet my objectives. Why would I contribute more than that?” ” The director contended that delivering the full improvement would hurt him in two ways.

Financial Blogger Profile of "Mish" on Equities.Com

MishTalk

Daniel Banas at Equities.Com interviewed me last week via phone for their profile series on " the most distinct and noteworthy voices in the world of financial blogging." Tweet From Barry Today, Barry was nice enough to tweet "Nice Profile of Mike Shedlock ( @MishGEA ) at Equities.com Global Financial Community shar.es/1omVEm EQ : With so many differing opinions, what differentiates Mish’s Global Economic Trend Analysis from other financial blogs out there?

More Americans feel financially secure, but they’ve learned new shopping habits

McKinsey

Our latest annual Consumer Sentiment Survey, which now includes 28,000 shoppers in 29 countries, revealed surprising trends with implications for US retailers and consumer-product manufacturers. Insights on Consumer Packaged Goods

The Impact of the Blockchain Goes Beyond Financial Services

Harvard Business

Much of the hype around blockchains has focused on their potential to fundamentally change the financial services industry – by dropping the cost and complexity of financial transactions, making the world’s unbanked a viable new market, and improving transparency and regulation.

End of Fed Independence! House Financial Services Committee Sends Warning Letter to Yellen “This is Unacceptable”

MishTalk

Patrick McHenry, the vice chairman of the House financial services committee, sent Yellen a letter of admonishment regarding international negotiations the Fed conducts in secret, with no oversight. The Trump team wasted no time in telling Fed Chair Janet Yellen what is and is not acceptable.