These are exciting times for the financial sector. Across the board growth has been driven by high levels of M&A work, IPOs and retail investor activity.  New markets are opening up and regulatory changes abroad, such as Sarbanes-Oxley, are driving work into London. Faced with ever fiercer competition and growing regulation, product providers are concentrating on developing and distributing competitive products – and are increasingly keen to outsource back office functions. Industry analysts estimate growth of 7% per annum out to 2010.* Our uniquely broad range of services enables us to offer providers a single view of their customers across their whole product range.

Source: Ovum 2006

Drivers

• Continuing regulatory change encourages companies to seek partners to assist with managing their compliance risk
• Regulatory change creates opportunities for our customers to launch a plethora of new products – all requiring administration
• Regulatory change creates requirements for us to do more for our customers and enables us to create new premium services
• Structural changes in markets are creating new outsourcing opportunities
• The pre-eminence of the London markets creates new opportunities – last year, 25% of companies listing in London were US based and 40% of companies listing on AIM were overseas based.