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Global managed services to grow in 2024 as enterprise IT spending rises

CIO

The global market for managed services will rise in 2024 due to organizations’ IT spending surge and larger investments in managed services deals involving AI and cloud computing, according to market intelligence firm IDC. The global managed services market size was estimated at USD 299.01 billion, IDC said.

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Generative AI in Investment Banking

Alpha Sense BI

While they are not newcomers to digital transformation, investment banks (IBs) are increasingly adopting generative artificial intelligence (genAI) across their organizations. In the last couple of decades, investment banks have adopted AI for customer-centric interfaces and to automate data functions.

Banking 59
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IMF & World Bank Spring 2023 Meetings: Key Takeaways

Alpha Sense BI

​​ This past week, policymakers gathered for the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) to discuss a troubling forecast. Discussions centered on combating a myriad of global economic concerns, ranging from addressing growth outlooks, improving financial stability, and reducing poverty.

Banking 98
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The 6 Market Intelligence Themes Driving H2 2023

Alpha Sense BI

Swiftly pinpointing trends and analyzing them, then, becomes a crucial component of effective market intelligence (MI)—from strategy and business development, to IR, all the way to consulting. Stumbling on key insights a day too late in today’s landscape means losing out on big wins.

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Preserving Brand Health at Banks by Monitoring Consumer Behavior

Netbasequid

Banks are in a precarious position in our volatile economy, particularly as an expected downturn looms. The consumer conversations happening about banking offer a wealth of insight. A huge hub for financial conversations and banking can be found on forums, specifically Reddit, as we can see below. Customer Retention Challenges.

Banking 98
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How Banks Are Changing Their ESG Reporting Practices After EBA Regulation

Alpha Sense BI

2023 marked the beginning of the European Banking Authority’s (EBA) Pillar 3 disclosure requirements for large European banks reporting on sustainability initiatives and climate-related risks. Following this global trend, banking institutions in the U.S.

Banking 52
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New S&P Global Market Intelligence insurance industry outlook projects the status quo won’t suffice in post-pandemic landscape

Wink Intel

9, 2021 /PRNewswire/ — Insurance companies will need to accelerate the evolution of everything from distribution and pricing to customer and investor relations, according to the newly released 2022 Insurance Industry Outlook Report from S&P Global Market Intelligence. Source: S&P Global Market Intelligence.