In recent years, the number of automation projects has increased throughout the Finance Industry and particularly in securities trading and processing. The same observation can be made for corporate actions automation projects. Corporate actions messages are triggered when specific decisions are...

...We demonstrate how the financial sector’s net output and service production can be measured using aggregate financialstatement data. We briefly examine current treatments of financial services in the national income accounts and introduce aconceptual framework for the construction of a...

Besides "Financial Intermediation I" which describes the financial service industrys role as a middleman between the ultimative saver and the ultimative investor, there does exist a second sphere of financial intermediation...

This study is the latest edition of the International Private Banking Study pub-lished in 2005 and 2003. In total 253 financial institutions focusing on priv-ate banking were analyzed. Data covers the period from 1990 to 2006. Thesample includes banks from Austria, Benelux, France, Germany,...

Research on fi nancial centers does not exist per se. Thereason is that no scientifi c discipline solely deals with«fi nancial centers». There have been seveal works of differentdisciplines in the last years regarding the emergence,the development and the analysis of particularaspects of fi...

This study contributes to the discussion on the measurement of financial sector output. It also serves as a lead-in to discussing possible causes of productivity changes in banking and insurance companies and other financial services providers. We demonstrate how the financial sector’s net...

In recent years, the number of automation projects has increased throughout the Finance Industry and particularly in securities trading and processing. The same observation can be made for corporate actions automation projects. Corporate actions messages are triggered when specific decisions are...

Purpose – To provide an economic view on the costs and benefits of anti‐money laundering (AML) efforts. Design/methodology/approach – Based on a international, comparative study conducted in Switzerland, Singapore and Germany, the authors outline the impact of AML measures on banks and the...