Survey participants were asked to rank each potential influence of the financial industry on a scale of one (meaning no impact) to four (having a significant impact). The potential of "increased pricing pressures" was ranked by industry professionals to have the least impact on business models and the financial industry as a whole. The potential for "greater industry consolidation" received an overall score of 3.21 and was ranked by respondents as the leading cause for potential changes in the coming years.
Themes expected by financial professionals to have a significant impact on the industry in Europe by 2025
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Survey respondents were asked to rate on a scale of one (no impact) to four (significant impact) which themes they expected will have the most impact on the future of the industry and their firm's business model by 2025.
Survey respondents were located in selected European
countries (UK, Switzerland, Belgium, Spain, Italy, Finland,
Austria and Luxembourg). 44 percent of participants were wealth managers, 17 percent worked in private banking, and 15 percent were Independent financial advisers (IFA). The remaining survey participants worked throughout fintech, asset management, investment platforms, retail banking, and robo-advisor services.
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Accenture. (July 6, 2022). Themes expected by financial professionals to have a significant impact on the industry in Europe by 2025 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1366058/projected-trends-to-impact-the-financial-industry-by-professionals-in-europe/
Accenture. "Themes expected by financial professionals to have a significant impact on the industry in Europe by 2025." Chart. July 6, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1366058/projected-trends-to-impact-the-financial-industry-by-professionals-in-europe/
Accenture. (2022). Themes expected by financial professionals to have a significant impact on the industry in Europe by 2025. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1366058/projected-trends-to-impact-the-financial-industry-by-professionals-in-europe/
Accenture. "Themes Expected by Financial Professionals to Have a Significant Impact on The Industry in Europe by 2025." Statista, Statista Inc., 6 Jul 2022, https://www.statista.com/statistics/1366058/projected-trends-to-impact-the-financial-industry-by-professionals-in-europe/
Accenture, Themes expected by financial professionals to have a significant impact on the industry in Europe by 2025 Statista, https://www.statista.com/statistics/1366058/projected-trends-to-impact-the-financial-industry-by-professionals-in-europe/ (last visited July 22, 2024)
Themes expected by financial professionals to have a significant impact on the industry in Europe by 2025 [Graph], Accenture, July 6, 2022. [Online]. Available: https://www.statista.com/statistics/1366058/projected-trends-to-impact-the-financial-industry-by-professionals-in-europe/
