|
Published by: TowerGroup
Published: Oct. 24, 2005 - 12 Pages
Table of Contents
- TowerGroup Take-Aways
- Report Coverage
- Vision
- The Top 10
- Exhibit 1: Top 10 Business Drivers, Strategic Responses, and IT Priorities for US Brokerage Firms (2006)
- Exhibit 2: Top 10 Business Drivers, Strategic Responses, and IT Priorities for US Brokerage Firms (2006) (cont)
- The Top 10 Business Drivers for US Brokerage Firms
- Revenue Growth: New Value Proposition for Brokerage
- Regaining Investor Trust and Confidence
- Regulation
- Changing Market Structure
- Best Execution
- Consolidation, Convergence, and Divergence
- Electronification
- Technology Innovation and Vendor Advancement
- Cost Containment
- Risk Management and Operational Efficiency
- The Top 10 Strategic Responses to Business Drivers and Related Technology Priorities
- New Products, Growth of Derivatives, and Focus on International Growth
- Enhanced Compliance Procedures and Staff and Investor Education on Compliance
- Compliance, Benchmark Compliance Standards/Procedures, Integration of Compliance with Regular Business
- Refocusing of Business Priorities, Reduced Earnings Volatility, and Strategic Planning and Analysis
- Transaction Cost Analysis and Monitoring, Enhanced Order Routing and Management, and Differentiated Customer Service and Sales
- Post-Trade Automation, Integration, and Rationalization of IT
- Electronic Trading, Workflow and Integration, and ASP and Web Services
- Efficient Sourcing, ASP and Web Services, Replacement of Legacy Systems/Upgrading of Infrastructure, Integration of IT into Business Units
- Lower TCO, Data Management, Process Optimization, Efficient Sourcing, Replacement of Legacy Applications/Systems Rearchitecture, and Focus on Operational Efficiency
- Security, Technology Innovation, SOA, and Enhanced Risk Management Procedures
- Pork Barrel Projects
- Skunkworks
- Evolution of Top 10 Business Drivers and Technology Trends
- Exhibit 3: Top 10 Business Drivers for US Brokerage Firms (2003 vs. 2006)
- Exhibit 4: Top 10 Technology Priorities for US Brokerage Firms (2003-06)
- Summary
AbstractIt is in this context that we offer TowerGroup's third "Top 10 List" for the capital markets industry. This list responds to the most frequent question TowerGroup clients ask our analysts: "What will be the top drivers for brokerage firms next year, and what do these trends mean?" The top 10 list represents the collective insight of our analysts focusing on what we believe will be the major business drivers for sell-side CEOs in 2006. We then take each driver and relate the strategic response it is likely to create among firms. The final step is to relate each driver and strategic response(s) to particular technology initiatives in which they are likely to manifest themselves.
The Research Note concludes with a look at the trends in business drivers and technology initiatives over time. Each of the drivers and subsequent technology priorities warrants more detail than can be provided in this Note. Much of that detail is available to clients in the TowerGroup Research Note library with the residual in the intellectual capital of our analysts. Our 2005 research calendar has reflected many of these priorities, and research coverage throughout 2006 will continue to mirror the top priorities of our institutional brokerage clients.
Get Full Details About This Report >>
|
|
US: 800.298.5699
Int'l: +1.240.747.3093
|
|
|
|
About MarketResearch.com
MarketResearch.com is an online aggregator selling over 160,000 market research reports, company profiles and country profiles from over 600 research firms. Our reports will provide you with the critical business and competitive intelligence you need for strategic planning and marketing research. Coverage includes the US, UK, Europe, Asia and global markets.
© MarketResearch.com 2008
|
