I need a report for UK based banks on their challenges around technology.
Thank you for contacting ReportLinker. From our many reports about the banking industry, we have selected three that we hope will be able to help you.
The first report is United Kingdom Commercial Banking Report Q1 2016. It was published in November 2015 by Business Monitor International. This 73 page study is part of BMI’s commercial banking forecast series. It provides an independent assessment of the current situation as well as forecasts to the end of 2017. The report uses BMI’s exclusive models to forecast the sector’s total asset and liability growth, client loans and loan deposits. It also forecasts key ratios such as the loan deposit and loan-asset ratio. This report also features information on the key drivers and growth prospects. It looks into government policy, the regulatory environment and the commercial initiatives of the major players.
The next report, Banks in the United Kingdom, was published by Marketline in October 2015. This 38 page report provides an industry profile that includes qualitative and quantitative information, as well as historical analyses from 2010-2014 and forecasts to 2019. It features information on the major players in the industry and also looks into the competitive pressures within the market. There is data on the market size, market segmentation and growth trends. The total assets of the UK banking industry in 2014 were $11.533 billion, after having a compound annual growth rate of -2.9% for the 2010-2014 period.
The final report, titled Cross-Selling: The Competitive Landscape in UK Banking was released in July 2014 by Verdict Financial. This 29 page study covers the UK’s biggest providers and looks at how they are cross-selling their products. It also shows how Australian banks are outperforming their UK equivalents in this area. The banks with the best records for cross-selling in the UK are Nationwide and Barclays. If other banks wish to improve their cross-sales performance, they should update their IT systems to allow single customer views that allow them to identify sales opportunities in realtime.
We hope this information has been helpful to you. There is a lot of useful information about the banking industry in ReportLinker’s portal. If you have any questions or further needs, please feel free to contact us.