Mediant Survey Reveals Fintech Investment Trends and Key Innovations for Investor Communications Industry
NEW YORK, Dec. 14, 2017 /PRNewswire/ -- Mediant, a leading provider of investor communications solutions, today announced the release of its inaugural Trends in Fintech and Investor Communications report, which reveals key findings on the impact of fintech across the securities industry. Based on responses from industry operations and technology leaders, the report examines the driving factors behind fintech investment, the influence of these new technologies, and the effect fintech has on investor communications.
Notable findings of the survey include:
Over three-quarters of firms planned to invest more in fintech this year than in previous years, with only 3% of firms responding that they were investing less in 2017.
Respondents selected a variety of factors that drive fintech investment, with managing operational risk selected as the top driver by 30% of respondents overall. Forty-four percent of broker-dealer participants said keeping up with new and changing regulations was their firm's top investment driver.
When asked which fintech innovations will have the most impact on firms over the next two to five years, the most popular response from participants was machine learning and artificial intelligence.
The impact of blockchain and distributed ledger technologies will grow over the next five years, with 13% of participants saying that blockchain is the most impactful technology over the short term, and 24% of participants saying it will have the most impact over the medium term.
Participants emphasized mobile and digital solutions as crucial for shareholder engagement, with 48% implementing digital services in order to enhance communications with investors.
"It is clear that the evolution of fintech is creating opportunities across the entire financial services industry, particularly in the area of investor communications," said Stacey Robinson, Chief Technology Officer of Mediant. "The survey results in the 2017 Trends in Fintech and Investor Communications report show that in years to come, fintech will continue to be crucial for reducing costs, optimizing internal processes, maintaining regulatory compliance, and meeting investors' needs."
Mediant conducted the survey during the 2017 SIFMA Operations Conference. The largest category of survey participants was broker-dealers, at nearly one-third of all respondents. Other respondent firms included solution providers (23%), banks (13%), clearing/settlement companies (11%), and fund companies (7%). Financial advisors, asset managers, and regulators also participated in the survey.
Mediant is an industry leading investor communications solutions provider. We power investor communications through intelligent technology and passionate people. Mediant actively develops game-changing new technologies for banks, brokers, corporate issuers, funds, and investment advisors. We connect the entire investor communications community through our single, secure platform. Established in 2002, Mediant enables leading financial institutions to enrich their customer relationships and unlock new levels of efficiency and accuracy through the unprecedented transparency of the MIC platform.
Alfa Laval's annual and sustainability report for 2023 has today been published and can be downloaded from the Group's website. It is also attached to this press release.
This is Alfa Laval
The ability to make the most of what we have is more...
Neurology Devices: Global Markets is basically a detailed study or report about the worldwide market for medical tools used in treating neurological conditions. These devices could be anything from equipment that helps stimulate the nervous system to...
Sovos, the always-on compliance company, today announced a joint business relationship with the Belgian PwC Firm PwC Business Advisory Services bv/srl (hereinafter: "PwC"), leveraging the companies' complementary tax and advisory service expertise...
The Ministry of Education and Science, along with Palantir , a leading provider of AI systems, have signed an agreement. The main goal is to facilitate qualitative transformations in the field of education and ensure the maximum number of children...
Building upon its recent success in revamping its indices product offering, leading CFD broker Vantage Markets ("Vantage") is thrilled to announce the introduction of enhanced website features and app enhancements, further solidifying its position as...
Sirnaomics Ltd. (the "Company"; together with its subsidiaries, "Sirnaomics" or the "Group"; stock code: 2257), a leading biopharmaceutical company engaged in the discovery and development of advanced RNAi therapeutics, has announced its audited...