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  4. May. 2011

Capital Markets & IT -lakyara

Financial institutions are under constant pressure to reduce costs, improve operational efficiency, adapt to regulatory changes and grow their business. NRI believes that a combination financial knowledge and information technology are crucial to the industry’s growth and development. Through our lakyara reports, NRI identifies the various capital markets and IT issues impacting our clients and the future of their business.
*Organization names and job titles are current as of the publishing dates

May. 2011

Banking

Update on remittance services since the Payment Services Act took effect

Deregulation of remittance services by the Payment Services Act, which took effect April 1, 2010, created a stir in the media last year. Although the PSA has now been in effect for over a year, the remittance services market has seen few new entrants, mainly because of burdensome identity verification requirements and commercial viability issues. Identity verification is one of financial institutions' strengths. Operational alliances between financial institutions and remittance service providers should yield synergies that vitalize the remittance services market.

Chinese Capital Markets

Chinese securities firms now pursuing business model transformation

Takeshi Jingu

Chinese securities firms have started to diversify their operations in response to 2010 earnings deterioration stemming from fierce price competition in the brokerage business. Against such a backdrop, investment advisory services, which are being promoted by Chinese regulatory authorities also, have recently been in the spotlight.

IT & Operation

Communication with long-term investors for company value creation

Chie Mitsui

Japanese companies are endeavoring to disclose much information voluntarily, such as CSR reports or medium-term management plans as IR activities in addition to legally mandated disclosures. However, in order to compete against overseas companies for investor attention, it is important for them to understand how investors evaluate them to enhance their corporate value by engaging in dialogue with institutional investors.