US financial markets are the largest and most liquid in the world, representing about $1.4 trillion of economic activity, more than 7% of US GDP. The sector serves a variety of roles to businesses, investors, and individual consumers, ranging from facilitating transactions, financing capital, and mergers & acquisitions, to personal lending and retirement planning. In support of our financial service clients, we have completed a number of studies to understand implications of regulation, opportunity for investment, and the rapid transformation occurring as a result of digital advancement.
Oxford Economics has a long-standing reputation for rigorous analysis of financial markets, activities and regulations, in addition to providing thought-leading research into a range of financial themes such as saving, insurance, and global trends or scenarios. We have answered an assortment of questions:
- How do financial regulations impact business operations?
- How do trade relationship adjustments affect insurers?
- What is the economic contribution of financial services?
- Where are there market opportunities for financial services and insurance?
- What are the emerging trends in finance and insurance? -How is technology and leadership transforming the industry?
- What is the future of money and digital payments?
- How can saving improve the long-run performance of the economy?
Economic Impact of FSI’s members
The Financial Services Institute (FSI) in collaboration with Oxford Economics conducted an economic impact analysis of its member firms. The report measures the national economic impact of FSI members broken down by state and compares with the overall economic impact of the financial services industry at the state level.
Making Brexit work for UK insurers
To better understand the priorities and opportunities Brexit creates for the UK insurance industry, EY collaborated with Oxford Economics to gauge the attitudes of British insurers and set out priorities for conversations about how Britain will leave the EU. We interviewed senior insurance and asset management executives to assess attitudes toward Brexit, and determine the best competitive responses to the vote.
The Future of Money
As people grow ever more attached to their smart phones and tablets, electronic payment systems are bringing speed and safety to transactions while also cutting costs for merchants. To explore attitudes toward mobile payments, we surveyed 2,000 consumers and 300 executives around the world. We found that companies underestimate consumers’ enthusiasm for mobile payments, and businesses must do more to address security concerns.
Another Penny Saved
In the United States, the personal saving rate (saving as a percentage of disposable income) is just 3.8%—considerably below the high of 13% reached in the early 1970s. In Another Penny Saved, released by Oxford Economics in cooperation with a group of sponsors, we examine how the US can lift its long-run economic growth rate, reduce the risk of future burdens on the taxpayer, and create more sustainable growth by increasing this rate.
There are many ways in which Oxford Economics’ analysts can help to demonstrate your organization’s economic impact to stakeholders. If you are interested in any of these services, or have a quantitative question for which you would like our support, why not get in touch?
For further information or to talk to us about the work we have done for organisations like yours, contact:
Jeffrey Klonoski, Business Development Manager