Finance industry – Hotel Oliebol http://hoteloliebol.com/ Fri, 20 May 2022 16:27:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://hoteloliebol.com/wp-content/uploads/2021/10/icon-1-120x120.png Finance industry – Hotel Oliebol http://hoteloliebol.com/ 32 32 China Auto Finance Industry Report 2022-2030 with 14 OEM-Related Auto Finance Companies, 5 Dealer-Related Auto Finance Companies and 11 Other Auto Finance-Related Companies – ResearchAndMarkets.com https://hoteloliebol.com/china-auto-finance-industry-report-2022-2030-with-14-oem-related-auto-finance-companies-5-dealer-related-auto-finance-companies-and-11-other-auto-finance-related-companies-researchandmarkets-com/ Fri, 20 May 2022 16:27:00 +0000 https://hoteloliebol.com/china-auto-finance-industry-report-2022-2030-with-14-oem-related-auto-finance-companies-5-dealer-related-auto-finance-companies-and-11-other-auto-finance-related-companies-researchandmarkets-com/ The report “China Automotive Finance Industry Report, 2022-2030” has been added to from ResearchAndMarkets.com offer. Auto finance is lucrative with the highest profit margin in the international auto industry chain, contributing around 23% of global auto industry profits. Yet auto finance only has a 13% profit margin in China. In addition to being a powerful […]]]>

The report “China Automotive Finance Industry Report, 2022-2030” has been added to from ResearchAndMarkets.com offer.

Auto finance is lucrative with the highest profit margin in the international auto industry chain, contributing around 23% of global auto industry profits. Yet auto finance only has a 13% profit margin in China. In addition to being a powerful motor for the development of the automobile market, automobile financing is the main source of profits for the major automobile groups.

In a well-established auto market, profits come mainly from the aftermarket, but China’s auto industry continues to pivot to the upstream of the industry chain in profitability, but will shift its focus from production and marketing. automobiles upstream to the aftermarket where diversified services will enjoy great opportunities in the future.

In 2021, China produced 26.082 million and sold 26.275 million automobiles, up 3.4 percent and 3.8 percent year-on-year respectively, ending the three-year decline since 2018.

With changing consumer attitudes and a host of emerging consumption patterns, China’s auto finance penetration rate shows an upward trend in recent years, reaching around 52% in 2021, still far behind that of developed countries. . Amid the growing maturity of auto finance and improvement of China’s credit system, there are huge potentials in China’s auto finance industry, with penetration that will increase significantly.

In 2021, the cumulative issuance of ABS for auto loans reached RMB 263.51 billion, up 35.8% from 2020.

In 2021, the cumulative issuance of ABS for auto loans increased 35.8% year-on-year to RMB 263.51 billion, setting a new record in the interbank bond market. The show in the first three quarters was almost identical in magnitude, while it set an all-time high for a single season of RMB 82.9 billion in the fourth quarter. In 2021, a total of 20 initiators participated in ABS, and they were enthusiastic enough to have more shows, even only one initiator launched 5 ABS products.

The above data shows that auto loan ABS in the interbank bond market have fully recovered from the impact of the pandemic, and investor acceptance of it has further improved. In a relatively loose funding environment, the issuance of auto loan ABS in 2022 should support the uptrend in 2021.

Until the end of 2021, 25 auto finance companies had been approved for establishment.

By the end of 2021, a total of 25 auto finance companies had been approved for establishment. Supported by car manufacturers, car finance companies are advantageous in the car industry chain and develop rapidly in recent years with rich channel resources. Based on public data, the total assets of auto finance companies nationwide have grown rapidly over the past few years, with an average growth rate of 19.05% between 2016 and 2020, and recording 977, 48 billion RMB by the end of 2020.

COVID-19 has hit the solvency of the automotive sector hard, but the situation has apparently improved in 2021.

Auto sales were seriously devastated during the COVID-19 outbreak in the first quarter of 2020, and have steadily rebounded since then with China’s tight control over the pandemic.

On the retail side, auto finance companies are actively cooperating with OEMs to carry out promotions and boost auto sales by enriching loan products, digitizing procedures, lowering loan thresholds and alleviating the burden on car buyers. On the supply chain side, auto finance companies provide stable financial support to dealerships; especially during COVID-19 in 2020, they eased the burden on dealerships by intentionally extending the repayment term and reducing interest and loan fees in response to shortage of funds for some dealerships.

This decision stabilizes the equipment manufacturers’ marketing system. At the end of 2020, the retail loan balance of auto finance companies in China was RMB 782.016 billion, up 8.71% year-on-year; the balance of wholesale inventory loans decreased slightly by 3.15% year-on-year to RMB 104.652 billion.

The report on the automotive financial sector in China, 2022-2030 highlights the following:

  • Global auto finance industry (development environment, status quo, auto finance development in countries, competition, global expansion, etc.);

  • China’s auto finance industry (development environment, history, status quo, market size, competition, operation of auto finance companies, development trends, situation amid pandemic, etc.);

  • segments of the Chinese auto finance market (auto leasing, used car finance and internet auto finance);

  • 14 OEM-related auto finance companies, 5 dealer-related auto finance companies, and 11 other auto finance-related companies.

Main topics covered:

1. Overview

1.1 Definition

1.2 Classification

1.3 Market players

2. Global auto finance industry

2.1 Development environment

2.2 Status quo

2.3 Overview of auto finance in major countries

2.3.1 United States

2.3.2 Germany

2.3.3 Japan

2.4 Competitive landscape

2.5 Global expansion

3. China auto finance industry

3.1 Development environment

3.1.1 Policy

3.1.2 Economy

3.1.3 Auto sales

3.1.4 Ownership of a car

3.2 Development courses

3.3 Status quo

3.4 Market Size

3.5 Competitive Landscape

3.6 Operation of auto finance companies

3.7 Development trends

3.7.1 Auto finance company market share continues to grow

3.7.2 The used car financial sector is growing rapidly

3.7.3 Cyberization of the used car trade

3.7.4 Automotive financial products are diversifying

3.7.5 Improved Credit System Boosts Auto Finance Market Development

3.7.6 Internet Auto Finance has become a trend

3.7.7 Changes in consumer structure

3.7.8 Industry reshuffling is accelerating

3.8 China’s auto finance industry in the pandemic

4. China Auto Finance Market Segments

4.1 Automotive leasing

4.1.1 Profile

4.1.2 Development courses

4.1.3 Business model

4.1.4 Status quo

4.1.5 Policy support

4.1.6 Competitive Landscape

4.1.7 Problems

4.2 Used car financing

4.3 Car financing via the Internet

5. OEM Related Auto Finance Companies

5.1 SAIC-GMAC Automotive Finance Co., Ltd. (SAIC-GMAC)

5.1.1 Profile

5.1.2 Operation

5.1.3 New Automotive Finance Business

5.1.4 Used Car Finance Activity

5.1.5 Developments

5.2 Volkswagen Finance (China)

5.3 Chery Huiyin Motor Finance Service Co., Ltd.

5.4 BYD Auto Finance Company Limited

5.5 Ford Automotive Finance (China) Limited

5.6 Dongfeng Nissan Auto Finance Co., Ltd.

5.7 International Herald Leasing

5.8 Toyota Motor Finance (China) Co., Ltd.

5.9 BMW Automotive Finance (China) Co., Ltd.

5.10 Yulon Motor Finance (China) Co., Ltd.

5.11 Changan Auto Finance Co., Ltd.

5.12 GAC-SOFINCO Automobile Finance Co., Ltd.

5.13 Genius Auto Finance Co.,Ltd

5.14 Beijing Hyundai Auto Finance Co., Ltd.

6. Car finance related dealerships

6.1 Yongda Automobiles

6.1.1 Profile

6.1.2 Operation

6.1.3 Automotive Finance Activity

6.1.4 Shanghai Yongda Finance Leasing Co., Ltd.

6.1.5 Yongda Financial Group Holdings Limited

6.1.6 Developments

6.2 China Grand Automotive Services Co., Ltd.

6.3 Pang Da Automotive Trade

6.4 Anhui Yaxia Industry Co, Ltd.

6.5 Shanghai Dongzheng Automotive Finance Co., Ltd.

7. Other Auto Finance Companies

7.1 Cango Inc.

7.1.1 Profile

7.1.2 Network

7.1.2 Operation

7.1.3 Revenue structure

7.1.4 Automotive finance activity

7.1.5 Developments

7.2 Greater China Finance Leasing Co., Ltd.

7.3 Zhejiang Jingu Co., Ltd.

7.4 Yixin Group

7.5 E-Capital

7.6 UCAR INC.

7.7 Car rental in Dafang

7.8 Jiayin Financial Leasing

7.9 Strain

7.10 Weidai Ltd.

7.11XXF

For more information about this report visit https://www.researchandmarkets.com/r/xf8kph

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Fitch Learning Launches CQF Career Guide for Quantitative Finance Industry Growth – FE News https://hoteloliebol.com/fitch-learning-launches-cqf-career-guide-for-quantitative-finance-industry-growth-fe-news/ Tue, 17 May 2022 13:32:44 +0000 https://hoteloliebol.com/fitch-learning-launches-cqf-career-guide-for-quantitative-finance-industry-growth-fe-news/ The CQF Institute, part of Fitch Learning, announced today (May 17) that it has published “The CQF Career Guide to Quantitative Finance”, which is designed for people looking for career information in Quantitative Finance and want to explore the key career paths available in this growing industry and the average salary quants can earn in […]]]>

The CQF Institute, part of Fitch Learning, announced today (May 17) that it has published “The CQF Career Guide to Quantitative Finance”, which is designed for people looking for career information in Quantitative Finance and want to explore the key career paths available in this growing industry and the average salary quants can earn in North America, Europe and Asia.

Professionals with quantitative skills are in high demand. Quantitative finance is a challenging field with excellent opportunities for curious and highly motivated people. Roles in quantitative finance offer good salaries, growth opportunities and considerable job satisfaction for people who want to apply a set of technical skills to the real world of financial markets. Recruiters specializing in quant placement expressed the opinion that 2021 has been a very good year and that they expect the strong hiring trends to continue in the financial sector, as well as within the ecosystem of tech companies and the consulting firms that serve it.

Some essential skills are necessary for a career in quantitative finance. In a recent survey conducted by the CQF Institute, 58% of respondents said math, finance, and programming are all very important to developing a career in quantitative finance. The guide notes the importance of these traditional skills for a career in quantitative finance and also examines emerging areas in the field and how professionals can prepare for future employment opportunities.

The Guide covers six career paths in quantitative finance:

  • Data science and machine learning
  • Portfolio Management
  • Risk management
  • Quantitative strategies and research
  • Technology
  • Quantitative trade

In each of these six job categories, there is also an emphasis on quantitative and analytical skills, technical expertise and knowledge of specialized areas of finance. However, some roles require strong communication skills and involve a significant amount of interaction with internal and external customers. A challenging and satisfying career in quantitative finance depends on an employee’s ability to adapt to changing financial market conditions and a desire to continually improve their skills and perspective.

Dr. Randeep Gug, CEO of the CQF Institute, said:

“Our innovative guide is designed to provide key information on six career paths open to quants in the busiest and most exciting areas of today’s financial markets. We hope it will be useful for young professionals in options, choose to invest wisely in continuing education in quantitative finance, and continue to find rewarding, long-term career paths in this exciting industry.

The complete Careers Guide is available for download here.

Recommend0 recommendationsPosted in Employability

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Securities Finance Industry News | Elwood Technologies Closes $70 Million Funding Round https://hoteloliebol.com/securities-finance-industry-news-elwood-technologies-closes-70-million-funding-round/ Mon, 16 May 2022 12:03:38 +0000 https://hoteloliebol.com/securities-finance-industry-news-elwood-technologies-closes-70-million-funding-round/ Elwood Technologies (Elwood) has closed a $70 million Series A funding round, co-led by global investment bank Goldman Sachs and B2B investor Dawn Capital. Elwood will deploy the funds to meet the needs of its growing number of institutional clients by expanding the company’s product offerings and global operations. The funding round marks a collaboration […]]]>

Elwood Technologies (Elwood) has closed a $70 million Series A funding round, co-led by global investment bank Goldman Sachs and B2B investor Dawn Capital.

Elwood will deploy the funds to meet the needs of its growing number of institutional clients by expanding the company’s product offerings and global operations.

The funding round marks a collaboration between crypto-native funds and long-established financial institutions, highlighting the growing convergence between traditional finance and digital assets, Elwood says.

Designed to simplify access to digital assets for institutional investors, Elwood’s solutions provide comprehensive reporting and analytics that are used by fintechs and asset managers.

Additional investments for Elwood’s funding round came from Barclays, BlockFi Ventures, Chimera Ventures, CommerzVentures, Digital Currency Group, Flow Traders and Galaxy Digital Ventures.

Commenting on the completion of the funding round, James Stickland, CEO of Elwood, said, “We have entered a new chapter in Elwood’s journey and continue to expand our capabilities, enabling our institutional clients to provide their users better access to digital assets. The rich mix of investors participating in this surge reaffirms the movement of financial institutions working closely with their native digital asset technology providers.

Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, comments: “As institutional demand for cryptocurrency increases, we have actively expanded our market presence and capabilities to meet client demand. Our investment in Elwood demonstrates our continued commitment to digital assets and we look forward to partnering to expand our capabilities.

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Securities Finance Industry News | IMN: The Role of Central Counterparties in the Securities Finance Ecosystem https://hoteloliebol.com/securities-finance-industry-news-imn-the-role-of-central-counterparties-in-the-securities-finance-ecosystem/ Thu, 12 May 2022 09:47:52 +0000 https://hoteloliebol.com/securities-finance-industry-news-imn-the-role-of-central-counterparties-in-the-securities-finance-ecosystem/ Central Counterparty Clearing (CCP) Should Be Part of Larger Ecosystem as Market Needs Balance Sheet Relief and Demand for Additional Efficient Market Access Points, Says Provable Markets CEO , Matt Cohen. At the IMN Beneficial Owners’ International Securities Finance and Collateral Management conference, a session “New Trading Platforms and Updates on CCPs” revealed the future […]]]>

Central Counterparty Clearing (CCP) Should Be Part of Larger Ecosystem as Market Needs Balance Sheet Relief and Demand for Additional Efficient Market Access Points, Says Provable Markets CEO , Matt Cohen.

At the IMN Beneficial Owners’ International Securities Finance and Collateral Management conference, a session “New Trading Platforms and Updates on CCPs” revealed the future of CCPs in the securities finance industry.

Central counterparties need to be a robust and resilient platform with state-of-the-art risk management, according to Jim Hraska, product development manager at the Depository Trust and Clearing Corporation’s (DTCC) fixed-income clearing firm.

He says: “The objective should be to maximize the use of capital and reduce overall systemic risk. We also need to be able to further expand market access on the buy side. »

Following a similar expectation, Matt Wolfe, Executive Director, Chief Product Owner of Renaissance Clearing at Options Clearing Corporation (OCC), notes that any CCP should have three things; a robust risk methodology, robust trade and post-trade processing and the ability to settle while managing collateral.

At OCC, Wolfe and his team are halfway through a project to replace systems that meet all three and ensure we’re ready for the future.

Predicting his thoughts on next steps, Cohen follows up on his comments about CCPs entering a larger ecosystem.

He says, “The more we benefit from what DTCC is doing in concert with the OCC in terms of growing and scaling access points, from just settling regular transactions to adding securities lending, is a big part of providing beneficial owners with the ability to have more execution choices in the broader collateral management ecosystem. You can synchronize workflows, increase access points and reduce operational overhead. »

He goes on to explain that there is a “great opportunity” to help the ecosystem grow more broadly for what the market needs. “I think the CCP is a good mechanism to effectively solve the credit and risk problem that you solved with many people already connected, but maybe only indirectly,” adds Cohen.

Shaping the conversation around customer needs and providing solutions for the industry, Travis Keltner, Head of Funding and Analytics at State Street, explains that State Street has built its business around sponsored activities or similar models.

Keltner considers the breadth and depth of how a CCP can help provide solutions to its clients, a number of whom are looking for enhanced repo solutions. In terms of breadth, State Street thinks about having flexibility beyond the core CCP service, “extracting value by tailoring solutions for customers”, for example, how State Street has built its product on the model of FICC sponsored repo.

He continues, “As CCP solutions grow, you have some flexibility to tailor your client solution to what the clearing company offers, and it’s great that these models can accommodate some variation. Customer needs are not uniform; some customization and flexibility in how you structure warranty promises and contracts can maximize your opportunities.

“Why don’t we break down the variations of the CCP model – thinking how can we structure it in a way that works for our clients, like we’re trying to do on the buy side? This is where we focus with these types of models.

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Securities Finance Industry News | Sustainable Trading adds 11 companies to its member network https://hoteloliebol.com/securities-finance-industry-news-sustainable-trading-adds-11-companies-to-its-member-network/ Tue, 10 May 2022 10:43:40 +0000 https://hoteloliebol.com/securities-finance-industry-news-sustainable-trading-adds-11-companies-to-its-member-network/ Sustainable Trading, the non-profit organization created to change ESG practices in the trading industry, welcomed 11 additional financial services organizations to its membership network. The 11 additional companies are Capital Group, Cboe Europe, Citi, Cowen, Fidelity International, Fidelity Management & Research Company, Goldman Sachs Asset Management, Goodbody, Northern Trust, Verne Global and Wellington Management. The […]]]>

Sustainable Trading, the non-profit organization created to change ESG practices in the trading industry, welcomed 11 additional financial services organizations to its membership network.

The 11 additional companies are Capital Group, Cboe Europe, Citi, Cowen, Fidelity International, Fidelity Management & Research Company, Goldman Sachs Asset Management, Goodbody, Northern Trust, Verne Global and Wellington Management.

The companies have all collectively committed to driving positive ESG change in their own businesses, expanding Sustainable Trading’s membership base to 41 financial services organizations.

Sustainable Trading will also oversee a benchmarking and transparency framework to enable clear and effective communication of progress on best practices, with the aim of facilitating a philosophy of continuous ESG improvement.

Sustainable Trading membership is open to all financial market participants engaged in trading activities or providing trading-related services.

Commenting on the initiative, Duncan Higgins, Founder and Director of Sustainable Trading, said: “We are delighted to welcome this prestigious group of companies into sustainable trading.

“Their enthusiasm to participate and their commitment to offer time, resources and expertise reflect the growing importance of ESG considerations in corporate decision-making frameworks. This spirit of collaboration will accelerate the pace of ESG change within the trading industry.

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Cloud computing is modernizing the financial sector https://hoteloliebol.com/cloud-computing-is-modernizing-the-financial-sector/ Mon, 09 May 2022 13:48:31 +0000 https://hoteloliebol.com/cloud-computing-is-modernizing-the-financial-sector/ The financial sector ultimately powers everything else. When you think about what you do on a daily basis, think about your house, your vehicle, your phone, even your job… chances are that anything and everything in your life involves money changing hands at at some point and in one way or another. With that in […]]]>

The financial sector ultimately powers everything else. When you think about what you do on a daily basis, think about your house, your vehicle, your phone, even your job… chances are that anything and everything in your life involves money changing hands at at some point and in one way or another.

With that in mind, it makes sense that as we strive to achieve net zero status individually and as a culture, we need to address the issues of emissions produced by every purchase and every transaction that takes place every day.

How many financial transactions are carried out daily?

Currently, there are over 350 billion purchases, over 1 billion credit card transactions, and over 319,000 new credit adjudicators across the world every day. Each of these transactions is potentially responsible for a certain amount of CO2 emissions. Add to that the fact that all other industries, even the most polluting ones, such as energy, transport, agriculture, fashion and food, depend on a functioning financial industry, and one can conclude that the financial industry bears a heavy responsibility in moving towards full sustainability.

In 2022, we may have finally come to a relative end to the COVID pandemic, but the greatest and longer-term threat to our existence, which is climate change, has yet to be resolved. There is no vaccine or easy solution to this problem and it will take a sincere effort by every individual and every industry to bring about meaningful change in the future of our entire planet.

The financial industry currently relies heavily on many different processes that are outdated. There are outdated software from companies that no longer work. There are outdated methods on outdated devices and are not environmentally friendly. They are also more vulnerable to cybercrimes. In other words, in all respects, the financial industry must evolve in its operation.

The move to the cloud for financial services

One of the most modern, secure and sustainable ways for the financial industry to get up to speed is by moving to cloud computing. Moving to the cloud can save 59 million metric tons of CO2 emissions each year; the equivalent of removing 22 million vehicles from the roads. This is a significant impact, which can and must take place. This is especially true in an industry that keeps all other industries running.

Over the past 5 years, 85% of consumers have changed their buying habits to be more eco-responsible. Many would be willing to pay a little more for goods and services that are also sustainably sourced. That’s reason enough for finance leaders to pay attention, and thankfully many do.

Eighty-six percent of executives say they are making changes toward sustainability, and 74% believe sustainability can drive business reform. However, the majority also struggle with knowing exactly how to make their organizations more sustainable.

Again, cloud computing can be a perfect option for these businesses. Cloud computing offers sustainability, modernization and consumer appeal.

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US Trade Finance Industry Expected to Hit $16 Billion by 2027 – ResearchAndMarkets.com https://hoteloliebol.com/us-trade-finance-industry-expected-to-hit-16-billion-by-2027-researchandmarkets-com/ Mon, 09 May 2022 12:03:00 +0000 https://hoteloliebol.com/us-trade-finance-industry-expected-to-hit-16-billion-by-2027-researchandmarkets-com/ DUBLIN–(BUSINESS WIRE)–The report “United States Trade Finance Market (2022-2027) by Product Type, Service Provider, Application, Competitive Analysis and Covid-19 Impact with Ansoff Analysis” has been added to from ResearchAndMarkets.com offer. The US trade finance market is estimated at USD 11.4 billion in 2022 and is projected to reach USD 16.05 billion by 2027, growing at […]]]>

DUBLIN–(BUSINESS WIRE)–The report “United States Trade Finance Market (2022-2027) by Product Type, Service Provider, Application, Competitive Analysis and Covid-19 Impact with Ansoff Analysis” has been added to from ResearchAndMarkets.com offer.

The US trade finance market is estimated at USD 11.4 billion in 2022 and is projected to reach USD 16.05 billion by 2027, growing at a CAGR of 7.08%.

Market dynamics is a force that influences the prices and behaviors of participants in the US trade finance market. These forces create price signals that result from changes in the supply and demand curves for a given product or service. The forces of market dynamics can be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand and supply. Human emotions can also drive decisions, influence the market and create price signals.

As market dynamics impact supply and demand curves, policymakers aim to determine how best to use various financial tools to stem various strategies aimed at accelerating growth and reducing risk.

Market segmentation

  • The US trade finance market is segmented on the basis of product type, service provider and application.

  • By product type, the market is categorized into commercial letters of credit, stand-by letters of credit, guarantees, and others.

  • Service provider, the market is categorized into banks, trade finance houses, and others.

  • Application, the market is classified into domestic and international.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc

Ansoff analysis

The report presents a detailed analysis of the Ansoff Matrix for the US trade finance market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design business growth strategies. The matrix can be used to assess approaches in four strategies viz. Market development, market penetration, product development and diversification. The matrix is ​​also used for risk analysis to understand the risk associated with each approach.

The analyst analyzes the US trade finance market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has designed appropriate strategies for market growth.

Why buy this report?

  • The report offers a comprehensive assessment of the US trade finance market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The main research is done through interviews, surveys and observations of renowned personnel in the industry.

  • The report includes in-depth market analysis using Porter’s 5 forces model and Ansoff’s matrix. Additionally, the impact of Covid-19 on the market is also presented in the report.

  • The report also includes the regulatory scenario in the industry, which will help you to make an informed decision. The report discusses the major regulatory bodies and major rules and regulations imposed on this industry across various geographies.

  • The report also contains competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.

Market dynamics

Drivers

  • Increase in the number of trade agreements

  • Banks and financial agencies strengthening their trade facilitation programs

  • Growing digitization of financial services

Constraints

  • Strict regulatory and financial crime compliance

  • High implementation cost

Opportunities

  • Integration of Blockchain in Trade Finance

  • Impact of government initiatives on trade

Challenges

  • Credit constraints

  • Complexity of trade finance transactions

Companies cited

  • Asian Development Bank.

  • Bank of America

  • BNP Paribas

  • Euler Hermes

  • JP Morgan Chase & Co.

  • Mitsubishi UFJ Financial Group, Inc.

  • Royal Bank of Scotland Plc

  • Standard charter

  • Citigroup Inc.

  • Morgan Stanley

  • Wells Fargo & Co.

  • ICCB

  • Mizuho Financial Group

  • Standard charter

  • Sumitomo Mitsui Banking Corporation

  • Agricultural credit

For more information on this report visit https://www.researchandmarkets.com/r/ny2c64

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Financial industry veteran Nitin Jain launches asset management and financial advisory firm https://hoteloliebol.com/financial-industry-veteran-nitin-jain-launches-asset-management-and-financial-advisory-firm/ Fri, 06 May 2022 06:09:00 +0000 https://hoteloliebol.com/financial-industry-veteran-nitin-jain-launches-asset-management-and-financial-advisory-firm/ BombayIndia , May 6, 2022 /PRNewswire/ — Nitin Jain, former CEO of Wealth and Asset Management at Edelweiss Financial Services, embarks on his entrepreneurial journey with the launch of Neo Group, a new asset management and financial advisory platform. The group will focus on four activities- neo worldNeo Asset Management, Neo Multi Family Office and […]]]>

BombayIndia , May 6, 2022 /PRNewswire/ — Nitin Jain, former CEO of Wealth and Asset Management at Edelweiss Financial Services, embarks on his entrepreneurial journey with the launch of Neo Group, a new asset management and financial advisory platform. The group will focus on four activities- neo worldNeo Asset Management, Neo Multi Family Office and Neo Leaf. Nitin has surrounded himself with an exceptional team of industry experts to lead each of Neo Group’s business lines:

  • Varun Bajpaiformer Chairman – Edelweiss Wealth & Asset Management and former Country Director – Macquarie Group joins as CEO of neo world
  • Hemant Dagaformer CEO Edelweiss Asset Management joins Neo Asset Management as CEO
  • A Srikanth, Former Senior Vice President and Head of External Asset Managers at Edelweiss Capital and Former CEO Motilal Oswal Wealth Joins as CEO of Neo Multi Family Office

Nitin, over his illustrious career, has been instrumental in building and scaling multiple businesses at Edelweiss Financial Services, unlocking tremendous value for investors and shareholders. Under his leadership, Edelweiss Wealth Management has become one of the largest wealth management companies in India with assets above INR 2,00,000 crores under advice.

Neo Group’s management team has a combined experience of more than 100 years and ~$40 billion of advised assets.

The company’s strategy is to provide opportunities that can sustainably and responsibly increase investors’ income, enabling them to pursue their dreams. The Group’s underlying objective is to help india glorious aspiration for self-reliance and egalitarian prosperity and as a responsible corporate citizen, Neo Group is committed to doing good, with simplicity of service and purity of purpose.

Nitin JainCEO, Neo Group said, “We launched this platform with the aim of identifying and solving the financial challenges facing the Indian investment community by focusing on educating and empowering investors and providing them with tools optimal and valuable accretive financial assets for a secure and balanced future.”

india the current financial wealth of households is approximately $3 trillion and is expected to grow 17-18% over the next decade. This is happening at a time when interest rates India are at historic lows and the need for sophisticated and responsible financial advice offering high-yielding, inflation-fighting investment options is growing. Neo Group, through its multiple activities, will strive to fill this gap and provide its clients with reliable, transparent and unbiased investment solutions,” he added.

The company raised ~$40 million financing from private investors and currently administers assets of nearly $1 billion.

About Neo Group

Neo Group is a new asset management and financial advisory platform that aims to provide reliable, transparent and unbiased financial solutions to its clients. Set up by Nitin Jain (former CEO, Wealth and Asset Management at Edelweiss Financial Services), Neo Group aims to educate, improve and empower investors with optimal and accretive financial tools for a safe and balanced future.

Neo Group’s asset management, multi-family office and retail businesses seek to serve both institutional and retail clients through Indiathrough best-in-class global governance standards, innovative technology-driven services and a highly skilled team with deep domain expertise across all of its operations.

For more information, please visit

www.neo-group.in

www.neoassetmanagement.com

www.neofamilyoffice.in

www.neo-world.com

SOURCE Neo Group

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Securities Finance Industry News | Robinhood confirms the release of a “fully paid” dry loan service https://hoteloliebol.com/securities-finance-industry-news-robinhood-confirms-the-release-of-a-fully-paid-dry-loan-service/ Thu, 05 May 2022 10:22:22 +0000 https://hoteloliebol.com/securities-finance-industry-news-robinhood-confirms-the-release-of-a-fully-paid-dry-loan-service/ Robinhood has confirmed the launch this week of its fully paid securities lending product to what it describes as “a small group of customers”. The e-commerce company says this step will offer retail customers the opportunity to “generate additional revenue on inventory they already own” [i.e. fully paid for]thus adding a new source of passive […]]]>

Robinhood has confirmed the launch this week of its fully paid securities lending product to what it describes as “a small group of customers”.

The e-commerce company says this step will offer retail customers the opportunity to “generate additional revenue on inventory they already own” [i.e. fully paid for]thus adding a new source of passive income to their investment portfolios.

In a statement released yesterday, the company said the stock loan is currently being rolled out to customers and should be available to all customers by the end of May.

Through this principal-based program, securities lending is offered to clients through Robinhood Financial LLC, with the securities loaned to Robinhood Securities LLC.

According to the firm, this service will complement the securities lending services that the trading platform offers for securities purchased on margin.

In extending this facility, Robinhood says that “unlike other companies” it won’t require customers to have hundreds of thousands of dollars in their account to participate.

“We are making available to clients who have traditionally not had access to it, fully remunerated securities lending and the possibility of passive recurring income that comes with it. It’s the Robinhood way,” he said in yesterday’s statement.

“Our version of stock lending allows clients to grow their investments while keeping it simple,” said Steve Quirk, director of brokerage at Robinhood. “Robinhood does the work of finding borrowers and managing transactions while clients can add a potential source of passive recurring income to their portfolio.”

“We are excited to break down another barrier and democratize a product that has historically been reserved for the wealthy with high barriers to entry,” he adds.

The company warns that stock lending is not appropriate for all customers. “There are operational risks associated with securities lending that could affect, for example, if or when your securities are loaned or recalled, collateral is collected or payments are made,” it says. “There is a risk that Robinhood Securities will default on its obligations to you under the stock lending program and may not return the securities it has borrowed. If Robinhood Securities defaults and is unable to return securities on loan, you will not be able to trade these securities as usual.

The release of this service was reported in Robinhood Markets’ Fourth quarter 2021 and full year 2021 resultswhere it indicated that it continues to discuss the launch of a fully remunerated securities lending service with regulators and that it hopes to launch this program in the first half of 2022.

Robinhood Markets took this step to expand and diversify the revenue opportunities available through its trading platform at a time when total first-quarter net revenue fell 43% year-over-year to $299 million.

Transaction-based revenue fell 48% to US$218 million for the first quarter of 2022 compared to the first quarter of 2021. This was fueled by a 73% year-on-year decline in equity trading revenue at US$36 million.

Trade-based revenue from options contracted 36% to US$127 million for the first quarter, with cryptocurrency revenue also down significantly, falling 39% to US$54 million.

This contributed to a net loss of US$392 million, or US$0.45 per diluted share, for Robinhood Markets in the first quarter of 2022 – although a net loss reduction of $1.4 billion US, or US$6.26 per diluted share, which it suffered in the first quarter of 2021. .

Robinhood Markets’ senior management cast a positive light on the longer-term outlook and development strategy for the business.

Jason Warnick, Chief Financial Officer of Robinhood Markets, said, “We see our clients being affected by the macroeconomic environment which has reflected our results this quarter. At the same time, we have also made progress on our long-term plans and continue to pursue them aggressively. »

Vlad Tenev, CEO and Co-Founder of Robinhood Markets, comments, “This quarter saw our product development engine gain momentum with the rollout of some of our most requested features and capabilities.

“With the introduction of the Robinhood Cash Card, the release of crypto wallets for all customers, the addition of new coins to our platform and our agreement to acquire [UK-based cryptoasset and electronic money institution] Ziglu Limited, we have made tremendous progress against our roadmap.

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Securities Finance Industry News | DSB announces consultation paper on the provision of OTC ISIN and CFI services https://hoteloliebol.com/securities-finance-industry-news-dsb-announces-consultation-paper-on-the-provision-of-otc-isin-and-cfi-services/ Fri, 29 Apr 2022 10:24:21 +0000 https://hoteloliebol.com/securities-finance-industry-news-dsb-announces-consultation-paper-on-the-provision-of-otc-isin-and-cfi-services/ The Derivatives Service Bureau (DSB) has announced the publication of the annual Over-the-Counter (OTC) International Securities Identification Number (ISIN) and Classification of Financial Instrument (CFI) service provision consultation document. The document’s focal points will be remediation work, enterprise-wide risk monitoring tools, and enhancements to the DSB’s graphical user interface (GUI). The DSB is also seeking […]]]>

The Derivatives Service Bureau (DSB) has announced the publication of the annual Over-the-Counter (OTC) International Securities Identification Number (ISIN) and Classification of Financial Instrument (CFI) service provision consultation document.

The document’s focal points will be remediation work, enterprise-wide risk monitoring tools, and enhancements to the DSB’s graphical user interface (GUI).

The DSB is also seeking feedback on whether the organization should continue to offer VPN connectivity as part of the cost recovery service, and on the deployment of the integration and support platform. (COSP) for OTC ISIN users.

Emma Kalliomaki, Managing Director of ANNA and DSB, explains: “The annual industry consultation is instrumental in developing an operating model that helps bring efficiency and harmonization to the market.

“Collaboration with stakeholders remains at the heart of the DSB’s principles, and we welcome all feedback provided through the consultation process and through our industry representation groups.”

Respondents are invited to provide comments on the consultation document, shaping the DSB’s business for 2023, by 17:00 UTC on May 30. The final report is expected to be released on June 30, 2022.

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