The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Kinetic Partners’ Survey Shows Concerns About the New Regulatory Structure

A survey conducted by Kinetic Partners of over 90 senior figures in the asset management, banking and broking industries shows a lack of confidence in future structures for regulating financial services in the UK. Nearly two thirds (65%) were not confident that the post-FSA structures within the Bank of England will be better than the existing situation.

In addition, 57% cited regulation, including the impact of different global standards, as being the greatest challenge to the asset management industry over the next three years. Over 80% of respondents believe that London will maintain its pre-eminence as the centre for the asset management industry over the next three years. In terms of global growth 79% predicted that the Asia Pacific will experience the most dramatic growth over the next five years.

The survey was conducted this week at Kinetic Partners’ 5th anniversary event at the Museum of London. Over 400 members of the asset management, banking and broking industry gathered to celebrate the firm’s success. In 2010 alone, Kinetic Partners has enjoyed revenue growth of 25% and a 27% increase in client roster. The firm expects continued growth and plans to expand their reach further by entering the Asia market, with a Hong Kong office set to open early 2011.

Julian Korek, a founding member of Kinetic Partners, said: “We work in an exciting, dynamic industry at best, but the last two years have been, without a doubt, two of the most turbulent years for the financial services in decades. It is interesting to note that as an industry we are still unsure as to the most appropriate regulatory structures to ensure the success and growth of our sector.”

Related content

WEBINAR

Recorded Webinar: Brexit: Reviewing the regulatory landscape and the data management response

With Brexit behind us and the UK establishing its own regulatory regime having failed to reach equivalence with the EU, financial firms face challenges of double reporting, uncertainty about UK regulation, and a potential exodus of top talent. The data management response is not easy and could stretch some firms to the limit as they...

BLOG

ESGi – an Element22 and Agility Sciences Solution – Offers Buy-Side Firms Trusted ESG Data Updated in Real Time

Data consultancy Element22 and distributed ledger developer Agility Sciences have released ESGi, an innovative solution designed to solve problems of ESG data, such as time lags and accuracy, and provide buy-side firms with trusted data in real time. The release coincides with the first deadline of the EU’s Sustainable Finance Disclosure Regulation (SFDR), which comes...

EVENT

Data Management Summit Virtual

The Data Management Summit Virtual brings together the global data management community to share lessons learned, best practice guidance and latest innovations to emerge from the recent crisis. Hear from leading data practitioners and innovators from the UK, US and Europe who will share insights into how they are pushing the boundaries with data to deliver value with flexible but resilient data driven strategies.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...